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Of all publications in the section: 3 573
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Working paper
Valbonesi P., Coviello D., Moretti L. et al. Marco Fanno. None. University of Padova, 2013. No. 164.
Added: Sep 29, 2015
Working paper
Kazun A. D., Kazun A. Political Science. PS. Высшая школа экономики, 2017. No. WP BRP 48/PS/2017.
December 19, 2016, saw three tragedies simultaneously, that could not go unnoticed by the Russian media: dozens of people died as a result of a surrogate alcohol poisoning in Irkutsk, a Russian ambassador was killed in Turkey, and a terrorist attack took place at the Christmas market in Berlin. In this article using the network agenda theory we analyze how these tragedies were covered by various types of mass media: on 11 federal TV channels, in 1,974 print newspapers, in 34,905 online newspapers and 2,574 blogs. We believe that direct and indirect control of the agenda by the state can be exercised by creating a network of events that will canalize correctly discussions about tragedies. We showed that ties between the tragedy and a network of other acute issues are more important than objective circumstances, such as the number of victims or a geography of the event. The context in which the events were looked at led to greater attention to the killing of the ambassador and less attention to surrogate alcohol poisoning. The Russian mass media paid significantly less attention to the Berlin terror attack, it yet was used as a supplement to the demonstration of importance of the fight against terrorism.
Added: Aug 11, 2017
Working paper
Kuga I. T., Мухина Е. А. Labor markets and social policy. EERC, 2016. No. 16/01E.
This paper tests covered interest parity at Russian money market over period of 2010-2014 and studies scale and sources of deviations from it. We use both offered and actual interbank interest rates for four different terms. Average deviations from the parity vary between 8 and 105 basis points depending on rates and terms. We test credit risk, turbulence and monetary policy as explanation of these deviations and assessed them quantitatively. For example, one standard deviation change in credit risk is responsible for 50 per cent of the average deviation from parity compared to 72 per cent due to monetary policy spread and (minus) 22 per cent due to turbulence for one week offered rate spread. Risk and turbulence effects grow with maturity and higher for actual rate spreads.
Added: Oct 20, 2017
Working paper
Kharlamov V., Kulikov V. S. arxiv.org. math. Cornell University, 2012. No. 1205.4892.

We introduce and study a semigroup structure on the set of irreducible components of the Hurwitz space of marked coverings of a complex projective curve with given Galois group of the coverings and fixed ramification type. As application, we give new conditions on the ramification type that are sufficient for irreducibility of the Hurwitz spaces, suggest some bounds on the number of irreducibility components under certain more general conditions, and show that the number of irreducible components coincides with the number of topological classes of the coverings if the number of brunch points is big enough.

Added: Sep 10, 2012
Working paper
Agata Maximovna Poroshina. Financial Economics. FE. Высшая школа экономики, 2014. No. WP BRP 30/FE/2014 .
This paper analyzes the problems of credit risk modeling of residential mortgage lending in Russia. Using unique mortgage loan and macro data from a regional branch of the Agency of Home Mortgage Lending (2008-2012), we find that borrower and mortgage loan characteristics affect the loan performance and play an important role in predicting default as well as a macroeconomic situation. On the residential mortgage market, borrowers with undeclared income have the lowest probability of default, mainly explained by the difference in declared and real income. Obtained results are robust under parametric and semiparametric specifications with correction for selectivity bias.
Added: Apr 24, 2014
Working paper
Sokolov P. Humanities. HUM. Basic Research Programme, 2015. No. WP BRP 92/HUM/2015.
This article deals with the ways of approaching plagiarism in the early modern Europe, mostly in the writings of two German intellectuals, J. Thomasius and J. C. Schwartz. The phenomenon of plagiarism is treated not only as an instrument of “symbolic violence” and “policing force of knowledge” in the Republic of letters, but primarily as a point of intersection of different discourses of the erudite culture: jurisprudence, moral medicine, Ciceronian rhetoric, hermeneutics and simultaneously – as a touchstone revealing the various dimensions of rival models of scientific knowledge (Protestant Aristotelianism, Barock eruditism, enlightened rationalism)
Added: Mar 30, 2015
Working paper
Podinovski, Podinovskaya O. V. Математические методы анализа решений в экономике, бизнесе и политике. WP7. Высшая школа экономики, 2014. No. 04.
Hierarchical structures are frequently used to formalize complex multicriteria decision analysis problems. The analytic hierarchy process (AHP) of Saaty (1980) is an established method used to solve practical multicriteria problems of the hierarchical nature. It is also well-known that AHP, and its modifications and generalizations poses a number of fundamental drawbacks that cannot in principle be overcome. The main drawbacks are the independence of the evaluation procedure of the criteria importance from the normalization of criterion values – this violates the requirement of the mathematical theory of measurement, and the lack of a formal definition of the notion of criteria importance. Furthermore, the use of ratio scales in AHP for the expression of importance of criteria is theoretically unsubstantiated. We suggest a new methodology suitable for the analysis of multicriteria problems with hierarchical structures. It is based on criteria importance theory.
Added: Apr 24, 2014
Working paper
Novatorov E. V. Social Science Research Network. Social Science Research Network. SSRN, 2013. No. No. 2279799.
ABSTRACT The paper discusses and suggests alternative methodological paradigms to approach the problem “marketing to nonmarketers”. First, the paper describes the issue of “marketing to nonmarketers” and proposes the purpose of this article. Then it presents methodological issues in management science and describes four major research paradigms: the logico-positivist/empiricist paradigm, constructivism, critical theory, and the pluralist paradigm. Finally it concludes that pluralist approach will benefit and enrich both the management science and non-profit field. Using as a case methodological development of nonprofit marketing concept and followed controversy over “marketing to nonmarketers” controversy paper traces evolution of the issue in context of research methodology. Paper concludes that traditional approach it based on logico-positivist paradigm. Article suggests adaptation of alternative methodological approaches and research paradigms to approach the problem “marketing to nonmarketers”.
Added: Jun 15, 2013
Working paper
Porshnev A., Sircova A., Hartmut G. Psychology. PSY. Высшая школа экономики, 2012. No. 05.
The Integration of Russia into European educational space invoke many questions, one of them is a cross-cultural universality of learning motivation. In this paper we discuss the methodology of a learning motivation traits questionnaire and results of its cross-cultural validation at the sample of 332 German and 865 Russian students. In our study we found measurement invariance of intrinsic orientation, test anxiety and performance avoidance scales of Russian and German form of questionnaire. We showed also invariance of learning motivation traits structure. At the same time we found differences in extrinsic orientations of Russian and German students.
Added: Jan 17, 2013
Working paper
Chepurenko A., Образцова О., Elahovsky V. Management. MAN. Высшая школа экономики, 2015. No. WP BRP 45/MAN/2015 .
The paper deals with the difference in the share of opportunity-based early entrepreneurs among regions in Russia, which is an important indicator of the ‘quality’ of the entrepreneurial activity. We invent an index called the share of opportunity-based early entrepreneurs (SOBE) which is defined as the number of nascent entrepreneurs and new business owners who are driven by the search for new opportunities and towards the realization of their own values when starting-up and developing their businesses. It is shown that the differences in SOBE levels among Russian regions are statistically significant; cross-regional differences in the SOBE level reflect a certain set of regional social and economic factors right away or with an one-year or two-year lag; they may depend on the tempo of changes in a certain set of factors related to social and economic development in given regions. Among the confirmed hypotheses are the following: a successive growth of private investment in the regional economy as well as a stable increase of real wages of employed population are factors that decrease a region’s SOBE level; moreover, the higher the population’s access to PC and Internet at home, the higher is the related region’s SOBE level. The empirical part is based on the survey designed by the Higher School of Economics which was conducted in 2011 in 79 regions of Russia with a sample of 56 900 respondents. The survey is representative for the structure of the adult population in each of the surveyed regions.
Added: Dec 3, 2015
Working paper
Самутина Н. В. Гуманитарные исследования. WP6. Высшая школа экономики, 2008. № 01.
This article is a part of collective pro ject which investigates the notion of “classics” and shows how it functions in contempor ary humanities and cultural practices. The author analyses the construction of nor ms in cinema (as cultural institute and mass communication medium) and accents the strategies of spectator ’s reception. Fro m sociologist’s point of view, we can’t use the notion of “classics” to describe cinema, as we do with art and literature: cinema is a part of mass culture, it work s as universal, anti-traditionalist and easily accessible medium, and it’s character contradicts the main sense of notion “classics”. But the common sense usage and the constructions of cult and classics in cinema made by or dinary spectator s work as impor tant cultural symptoms — first of all, the symptoms of histor ical thinking in cinema mechanism itself. These pro cesses of creating classics by common reception in or der to preserve a gap between different gro ups of images can be seen first in genre classics, and second in classical Hollywoo d cinema, as this notion is applied by or dinary spectator s. The author shows the impor tance of the notion of “cult movies” for contempor ary cinema studies methodology and compares cult cinema and cinema classics as two influential and insufficiently understoo d strategies of reception.
Added: Mar 24, 2013
Working paper
Fedyukin I., Gabdrakhmanov S. Humanities. HUM. Basic Research Programme, 2014
This study employs a unique database covering 2,293 cadets who graduated from the Noble Land Cadet Corps in St Petersburg from 1732 – 1762 to investigate the role of cultural capital in early modern Russia. Our analysis suggests that within this sample cultural capital was negatively correlated with wealth, but positively with father’s rank within the state service. At the corps itself, wealth and social status of families did not directly affect the success of their sons. The only significant factor of success at this school (promotion to a particular rank at graduation) was the family’s access to “Western” education and cultural skills. The results indicate the state was able to create an institutional framework where the possession of new “imported” knowledge and social skills gave the holder a measurable advantage over his peers. This could be considered one of the mechanisms which contributed to the sustainability of the cultural and social regime created by Peter I.
Added: Aug 20, 2014
Working paper
Polyakova E., Kuleva M. CGES Working Papers. WP 2014-04. Centre for German and European Studies Bielefeld / St. Petersburg, 2018
This paper examines the cultural employment in Russia and in the selected number of the EU countries in light of debates on the development of the creative economy in Russia. The data of the comprehensive monitoring of living conditions by Rosstat and the Eurostat cultural statistics are used to illustrate main differences in socio-demographic and occupational characteristics of cultural workers in these countries. The findings show that the characteristics of cultural workers vary dramatically over countries Russia and Europe. In particular, part-time and self-employment, as well as the existence of a second job, are not key features of Russian cultural workers. By contrary, individuals involved in the creative and cultural sphere in the EU are less likely to be in a full-time employment and more likely to be self-employed or part-timers than in Russia. Our results suggest that it is hardly possible to also indicate the impossibility of emulating the European experience in creative and cultural industries without serious structural changes in the sphere of cultural employment in Russia.
Added: Aug 5, 2018
Working paper
Savelieva I. M. Humanities. HUM. Basic Research Programme, 2013. No. 13/HUM/2013.
The paper analyzes the objects, concepts and methods of cultural history / histoire culturelle / Kulturgeschichte / kulturnaya istoriya, a modern historical subdiscipline that exists in different national historiographical traditions. This subdiscipline’s objects of study, such as social institutions, social networks, daily interactions, childhood, cultural memory, corporality, etc., lie in a borderland. Therefore, the paper focuses on interdisciplinary interaction in relation to history and raises the question of the institutional boundaries of disciplines.
Added: Mar 4, 2013
Working paper
Knorre B. K. Working Papers of Humanities. WP. Издательский дом НИУ ВШЭ, 2014. No. WP BRP 56/HUM/2014.
The paper analyzes ethical-behavioral categories of the contemporary Orthodox ecclesiastic culture in Russia to determine the correlation of the cultural paradigms of "oppression" and "empowerment" therein. The main emphasis is placed on revealing oppressive stereotypes, social action imperatives, social regulators present in the cultural model of Russian Orthodoxy which condition the processes opposing the "empowerment" strategy and reducing its social capital. The hypothesis proposed by the author in this paper is that the key socio-cultural attitude conditioning the system of oppressive-restrictive stereotypes of behavior in the ecclesiastic milieu is the prevalence of the awareness of culpability in the modern ecclesiastic ethos, a certain "culture of guilt". In this connection the author pays most attention to the category of "guilt" and its discontent in Orthodoxy.
Added: May 14, 2014
Working paper
Dobrynskaya V. V. WP BRP 55/LNG/2017. Высшая школа экономики, 2011. No. WP13/2011/01.

Some currencies persistently move together with the stock market and crash in periods of market downturns or high volatility, while others serve as a “safe haven”. In this paper, I study whether or not countries’ macroeconomic characteristics are systematically related to the market risk of their currencies. I find that the market risk is not random, especially on the downside, and it can be predicted by macroeconomic variables. Moreover, the market risk has increased significantly since the 2000s, and its predictability also increased. The real interest rate has the highest explanatory power in accounting for the cross-section of currency market risk. Currencies of countries with high local real interest rates have high market betas, especially downside betas, while low real interest rate currencies are immune to stock market changes. Nominal interest rates also have some explanatory power, but only to the extent to which they correlate with the real interest rates. Other variables considered seem to be irrelevant.

Added: Oct 4, 2012
Working paper
Semenova M., Shapkin A. Financial Economics. FE. Высшая школа экономики, 2016. No. 57/FE/2016.
Market discipline in the personal deposit market is of great importance for regulators. In developing economies, which rely much and are dependent on the dollar and euro, changes in the currency structure of the deposits may be strategic and work as an additional disciplining mechanism. Our study sheds light on this mechanism of currency shifts in the Russian market for personal deposits. Using data on more than 900 Russian banks for 2005–2015, we provide evidence that less risky banks—at least in terms of capital adequacy and liquidity—demonstrate higher growth of both the volume and the share of deposits denominated in foreign currency, even when the exchange rate volatility component is extracted. This mechanism continued working during the financial crisis of 2008–2009.
Added: Oct 22, 2016
Working paper
Sloev I., Lianos G. SSRN Working Paper Series. SSRN Working Paper Series. Social Science Research Network, 2013
We study the optimal customer-acquisition and customer-retention decisions over an infinite planning horizon of the representative firm in a monopolistically competitive industry. Both the long-term and short-term equilibria of the industry are characterized by a constant optimal retention rate. We show that customer churn rate and the share of acquisition expenditures in the total marketing expenditures decrease with firm size. Stronger competition leads to lower firm's total acquisition and retention expenditures, but it does not change the per-capita levels. Larger market size increases the firm's total acquisition and retention expenditures, but it leaves the per-capita retention levels unchanged.
Added: Feb 17, 2017
Working paper
Sloev I., Lianos G. SSRN Working Paper Series. SSRN Working Paper Series. Social Science Research Network, 2015
We examine the modern approach to customers as assets in its connection to the tradition of the Austrian Economic Theory. We revisit the concept of Customer Lifetime Value within a conceptual framework similar to a Misesian Evenly Rotating Economy. We argue that individual entrepreneurial action inside the market process plays a crucial role in determining the characteristics of customer assets. In our model of an Evenly Rotating Economy we show by means of a numerical example that a passive entrepreneurial attitude and a mechanistic application of the Customer Lifetime Value approach may result in destruction of Value of the Firm.
Added: Feb 17, 2017
Working paper
Sloev I., Lianos G. SSRN Working Paper Series. SSRN Working Paper Series. Social Science Research Network, 2014
We study the structure of optimal customer acquisition and customer retention strategies in an infinite horizon model of a firm in a competitive industry. We examine the effects of changes in customer profitability, density of competition, and discount rate on the optimal allocation of marketing budget. We obtain a number of normative propositions and testable hypotheses at the level of the individual firm and the industry. We establish the connections between the problem of maximizing Customer Equity and the problem of maximizing the Value of the Firm.
Added: Feb 17, 2017
Working paper
Sloev I., Lianos G. SSRN Working Paper Series. SSRN Working Paper Series. Social Science Research Network, 2014
We study the optimal customer-acquisition and customer-retention decisions of the representative firm in a dynamic competitive industry. We find that the optimal per-customer retention effort depends positively on customer profitability and is constant over time. The endogenous effective retention rate is higher for more profitable customers, so their proportion in the customer base increases over time. Larger market size and lower competition strength result in higher acquisition and retention expenditures at the firm level, but they do not change per-capita values. The retention effort that maximize a firm's value also maximize individual Customer Lifetime Value, whereas the equilibrium acquisition expenditure maximize the expected average customer value in the corresponding cohort.
Added: Feb 17, 2017