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Of all publications in the section: 27
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Working paper
Morfov S. G. Social Science Research Network. Social Science Research Network. SSRN, 2011. No. 5.
This paper formally analyzes the optimal implementation of compensation schemes where the wage cannot decrease in time. Such arrangements are commonly applied to tenured academics and civil servants. We use a finite-horizon model of moral hazard to analyze the disincentive effects and the cost involved. Myopia is shown to hurt the principal two-fold. If the principal is myopic, she is slow to adjust the contract to binding wages in the future. As a result, any adverse effect on incentives shows up late in the relationship, at an inherently good state, and is permanent. If the agent is myopic, the principal cannot decrease current wages sufficiently to offset the expected slackness in agent's future individual rationality. We also consider an infinite horizon model where current wage binds future wages from below. The dynamic problem is reduced to a series of single-period problems stationary on a properly chosen state space, which allows for computing the model iteratively.
Added: Jun 27, 2013
Working paper
Abramov R. Social Science Research Network. Social Science Research Network. SSRN, 2014. No. 40.
The article analyzes of the content and context of research on occupations and professions in Soviet sociology from 1960 to the 1980s. It describes the key topics of observations of professional groups, gives definitions of occupations and professions in Soviet social sciences, and analyzes ideological and censorship restrictions for research and publishing. Sociology of occupations and professions as a separate disciplinary field appeared in Russia only in the late 1990s. Before this time, these topics were integrated into social structure and social stratification observations, research of the working class, intelligentsia, industrial sociology and sociology of organizations. From the 1960s Soviet sociologists searched for new explanatory models and they decided that socio-professional groups were the best criterion for a Soviet social structure description. During 1970-80s researchers of Soviet social structures debated about the place of professional groups. This article analyzes these and other features of sociology of occupations and professions in the USSR. The analysis is based on the bibliographical observations and interviews with Soviet sociologists. This project was supported by Science Foundation of NRU HSE.
Added: Oct 30, 2014
Working paper
Markovskaya E., Bitiukova A. V. Social Science Research Network. Social Science Research Network. SSRN, 2018. No. 3105478.
The study is about the influence of the financial leverage and its square term on the value of a firm in chemical industry in different parts of the world. The maximizing of the value of a firm is considered to be one of the main goals of business activity of any company. Thus, the management needs to choose different strategies including financing one that raise firm’s value. For that the relationship between firm’s value and its financial leverage needs to be known as specifically as possible. In the study these specifications include country and industry differences. The panel data analysis of public chemical companies in five parts of the world is used to reveal the types and signs of this influence. It is shown that the financial leverage and its square term have opposite influence on the value of a firm for the whole sample as well as the companies in different parts of the world. This means that small and big amounts of debt have different effect on firm’s value. The influence is not the same in different parts of the world. The companies in Europe, Asia and Africa would better follow the pecking order theory of financing and the companies in North and South America – the trade-off theory for choosing best financing strategies in order to maximize the value of firms.
Added: Feb 9, 2018
Working paper
Novatorov E. V. Social Science Research Network. Social Science Research Network. SSRN, 2016. No. 2839721.
The broadening marketing concept was introduced in 1969 and was initially well-received by marketing scholars. However, during the subsequent four decades, the concept has been increasingly questioned and has divided marketing scholars into two opposing camps. This paper traces the evolution of the broadening marketing proposition and critically examines the arguments put forward against the broadening proposition.
Added: Sep 20, 2016
Working paper
Tawat M. Social Science Research Network. Social Science Research Network. SSRN, 2013. No. 1.
Most comparative studies of immigration and integration policies seek to explain causality in policy divergence. Hardly, do they try to understand the processes that underpin convergence. This article seeks to narrow this gap by studying the immigrant integration policies of Denmark and Sweden, two countries with strong similarities and a close tradition of policy cooperation but whose policies have been characterised as antipodean. Applying theories of policy convergence adapted from environmental policy research, it shows that since 1960, their official integration policies have been more convergent than assumed; emphasizing employment issues and dealing only marginally with issues concerning multiculturalism and assimilation. Until the migration crisis in the 1980s, both countries’ policymakers legislated hesitantly but Sweden was a frontrunner. After this period of time, they legislated actively with Denmark making up for lost ground and even providing inspiration.
Added: Oct 14, 2014
Working paper
Бурдяк А. Я., Гришина Е. Е., Елисеева М. А. и др. Social Science Research Network. Social Science Research Network. SSRN, 2014
This work contains preliminary data analysis of quantitative survey "Man, family, society" made by Institute of Social Prognosis in 2013 on nationwide sample in 9557 people. The survey provides valuable information about the partnership and reproductive biographies, territorial mobility, education and employment strategy, financial situation and retirement behavior of the population.The focus of our analysis focuses on the demographic and socio-economic behavior of the population, through the prism of the individual and the way of life of the household.
Added: Jan 7, 2018
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