Преподавание эконометрики в бакалавриате: мрачное впечатление
The past half-century has seen economic research become increasingly empirical, whilethe nature of empirical economic research has also changed. In the 1960s and 1970s, anempirical economist’s typical mission was to “explain” economic variables like wagesor GDP growth. Applied econometrics has since evolved to prioritize the estimationof specific causal effects and empirical policy analysis over general models of outcomedetermination. Yet econometric instruction remains mostly abstract, focusing on thesearch for “true models” and technical concerns associated with classical regressionassumptions. Questions of research design and causality still take a back seat in theclassroom, in spite of having risen to the top of the modern empirical agenda. Thisessay traces the divergent development of econometric teaching and empirical practice,arguing for a pedagogical paradigm shift
The article examines special politically-legal and social status of Muslim community in the USA. Not only positive experience of ethnopolitical integration is described, but also a number of problems connected to this situation.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.