Глобализация национальных экономик европейских стран : сборник научных трудов студентов факультета финансово-кредитных и международных экономических отношений по итогам международных стажировок
СПб.: Издательство СПбГУЭФ, 2012.
Under the general editorship: Д. В. Василенко, В. Г. Шубаева
Кракович В. В. В кн.: Глобализация национальных экономик европейских стран : сборник научных трудов студентов факультета финансово-кредитных и международных экономических отношений по итогам международных стажировок. СПб.: Издательство СПбГУЭФ, 2012. С. 69-78.
Added: Dec 2, 2013
Ерохина О. С., Чумаченко Е. Н. В кн.: Фундаментальные и прикладные космические исследования. IX Конференция молодых ученых, посвященная Дню космонавтики. М.: ИКИ РАН, 2012. С. 35-35.
Added: Feb 5, 2013
Кантор В. К. М.: РОССПЭН, 2011.
Added: Apr 26, 2012
Н. Новгород: Нижегородский филиал ГУ-ВШЭ, 2007.
Added: Dec 13, 2012
Кантор В. К. Соловьевские исследования. 2010. № 4. С. 35-45.
Added: Apr 26, 2012
Кузьмин Д. В. Экономический анализ: теория и практика. 2010. № 23(188). С. 10-15.
Added: Oct 13, 2012
Сравнение результатов численного моделирования с экспериментальными данными скорости движения криобота
Ерохина О. С., Чумаченко Е. Н. В кн.: Авиакосмические технологии (АКТ-2012): Труды XIII Всероссийской научно-технической конференции и школы молодых учёных, аспирантов и студентов. Воронеж: Элит, 2012. С. 92-98.
Added: Feb 5, 2013
Smirnov S. V. Economics. EC. Высшая школа экономики, 2011. No. 02.
Contemporary global economic life is measured in days and hours, but most common economic indicators have inevitable lags of months and sometimes quarters (GDP). Moreover, the real-time picture of economic dynamics may differ in some sense from the same picture in its historical perspective, because all fluctuations receive their proper weights only in the context of the whole. Therefore, it’s important to understand whether the existing indicators are really capable of providing important information for decision-makers. In other words, could they be useful in real-time? Why then was it so difficult for the experts to recognize the turning points in real time? What hampers this ability to recognize? Can a turning points’ forecast be entirely objective? The paper answers these questions in terms of three cyclical indicators for the USA (LEI by the Conference Board, CLI by OECD and PMI by ISM) during the last 2008–2009 recession.
Added: Aug 28, 2012
М.: МГУП им. Ивана Федорова, 2011.
Added: May 28, 2012
Кантор В. К. Вопросы литературы. 2011. № 4. С. 341-397.
Added: Apr 26, 2012
de Vries G. J., Erumban A. A., Timmer M. P. et al. Economics. EC. Высшая школа экономики, 2011. No. 04.
This paper studies structural transformation and its implications for productivity growth in the BRIC countries based on a new database that provides trends in value added and employment at a detailed 35-sector level. We find that for China, India and Russia reallocation of labour across sectors is contributing to aggregate productivity growth, whereas in Brazil it is not. However, this result is overturned when a distinction is made between formal and informal activities. Increasing formalization of the Brazilian economy since 2000 appears to be growth-enhancing, while in India the increase in informality after the reforms is growth-reducing.
Added: Aug 28, 2012
El laithy H., Lokshin M., Benerji A. Policy Research Working Paper. WPS. World Bank Group, 2003. No. 3068.
After a decade of slow economic growth Egypt's rate of growth recovered in the late 1990s, averaging more than five percent a year. But the effect of this growth on poverty patterns has not been systematically examined using consistent, comparable household datasets. In this paper, the authors use the rich set of unit-level data from the most recent Egyptian household surveys (1995-96 and 1999-2000) to assess changes in poverty and inequality between 1995 and 2000. Their analysis is based on household-specific poverty lines that account for the differences in regional prices, as well as differences in the consumption preferences and size and age composition of poor households. The results show that average household expenditures rose in the second half of the 1990s and the poverty rate fell from 20 percent to less than 17 percent. But, in addition to the ongoing divide in the urban-rural standard of living, a new geographical/regional divide emerged in the late 1990s. Poverty was found predominantly among less-educated individuals, particularly those working in agriculture and construction, and among seasonal and occasional workers. These groups could suffer the most from the slowing economic growth evident after 1999-2000.
Added: Nov 13, 2012
Шарова А. В., Саприкина О. В. В кн.: Справочник учителя истории, 5-11 классы. М.: Экзамен, 2008. С. 298-320.
Added: Apr 4, 2013
Экономика и управление: проблемы и перспективы развития. Сборник научных статей по итогам международной научно-практической конференции г.Волгоград 15-16 ноября 2010 г.
Ч. 1. Волгоград: Волгоградское научное издательство, 2010.
Added: Jan 18, 2013
Anisimova A. I., Muradyan P. A., Vernikov A. V. SSRN Working Paper Series. Social Science Research Network, 2011. No. 1919817.
This empirical paper adds to competition and industrial organization literature by exploring the interplay between industry structure and competitiveness on local, rather than nation-wide, markets. We use micro-level statistical data for banks in two Russian regions (Bashkortostan and Tatarstan) to estimate Herfindahl-Hirschman index, Lerner index, and Panzar-Rosse model. We estimate Panzar-Rosse model in two ways: via the widely used price-equation that accounts for scale effects and then via a revenue-equation that disregards scale effects as suggested by Bikker et al. (2009). We find both regional markets to be ruled by monopolistic competition, although estimation by revenue-equation does not reject monopoly hypothesis for Tatarstan. Existence of sizeable locally-owned and operated institutions does not necessarily lead to higher competitiveness of the given regional market, and the results from non-structural methods of estimation suggest that bank competition in Bashkortostan is stronger than in Tatarstan. Going further away from aggregated analysis we compute Lerner indices in two product segments of Tatarstan – retail and corporate loans – and find that retail segment is significantly more competitive. Local banks exert more market power in corporate loans, while federal branches – in retail loans.
Added: May 14, 2012
Added: Feb 22, 2013
Трунин П. В., Дробышевский С. М., Евдокимова Т. В. М.: Издательский дом «Дело» РАНХиГС, 2012.
Added: Mar 26, 2013
Яковлев А. А. Общественные науки и современность. 2008. № 4. С. 21-37.
Added: Sep 22, 2012
Penikas H. I. Financial Economics. FE. Высшая школа экономики, 2012. No. 03.
The Basel Committee of Banking Supervision initiated a discussion on the most efficient practices to prevent bank managers from excessive risk-taking. This paper proposes a game-theoretical approach, describing the decision-making process by a bank manager who chooses his own level of risk and effort. If the level of risk implies the variability of the future outcome, the amount of effort applied affects the probability of a positive outcome. Although effort is unobserved for the bank’s stakeholders, the risk level is under control, and is associated with certain indicators such as capital adequacy ratio or leverage level. The risk-neutral utility function of a bank manager and a binary game outcome of gaining profit or loss for a bank are assumed. Starting from the general incentive contract scheme having the fixed and variable parts of remuneration, it is proposed that differentiating the variable part of remuneration is sufficient to motivate bank managers to make fewer risky decisions. More precisely, the variable part of remuneration (e.g. the share of the bank’s profit) needs to be higher in proportion to the higher variance of outcome for the high -risk outcome case to stimulate a bank manager to opt for lower-risk decisions in place of higher-risk situations.
Added: May 3, 2012
Уринсон Я. М. Вестник Европы. 2014. № 38-39.
Added: Feb 5, 2018
Penikas H. I., Titova Y. Financial Economics. FE. Высшая школа экономики, 2012. No. 02.
In this paper we elaborate a simple model that allows for the predicting of possible reactions from financial institutions to more stringent regulatory measures introduced by the Basel Committee on Banking Supervision (BCBS) in regard to global systemically important banks (G-SIBs). The context is framed by a 2011 BCBS document that proposes higher capital requirements for global systemically important banks. We attempt to analyze bank interactions in an oligopolistic market that is subject to demand constraints on loan amounts and additional loss absorbency requirements introduced by the regulator. We distinguish between the bank’s announced funding cost that determines both the loan amount issued and the market interest rate, and the bank’s true funding cost that has a direct impact on retained earnings. We conclude that in a two-stage game both banks will announce the highest funding cost, thus reducing the amount of loans granted (in line with the regulator’s objective), but at the expense of a higher cost of borrowing established in the market. If the game is repeated, then both banks also choose lower loan amounts in the periods prior to the last one in which the declared funding cost is the lowest possible. It should be noted that the designated outcome also coincides with the findings of the Monetary Economic Department of the Basel Committee on Banking Supervision.
Added: May 3, 2012
Added: Jun 24, 2011