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News
June 4, 2026
Machine Learning Models Can Help Reduce Volatility and Boost Stock Market Returns
The use of machine learning models makes it possible to achieve greater accuracy in predicting risks in the Russian stock market compared to classical econometric approaches. The predictive power of these models increases by 23%, while the average investor’s return can reach up to 13% per annum. These conclusions were drawn by Nikita Lysenok from the Department of Financial Market Infrastructure at the HSE Faculty of Economic Sciences. The paper has been published in Fundamental and Applied Mathematics.
June 3, 2026
Pocket Money, Personal Interest, and Family Practices: What Shapes Students Economic Literacy?
University students' economic literacy depends not only on their field of study but also on their interest in economics, the learning environment, and family financial practices. For example, students who received pocket money irregularly tend to perform better on economic literacy tests than their peers who received financial support on a regular basis. These findings come from a study conducted by HSE University involving more than 1,100 students from five Russian universities. The findings have been published in Cakrawala Pendidikan.
June 3, 2026
Creative Work as a Remedy for Burnout
The creative, supportive atmosphere and innovative methods at the Centre for Sociocultural Research make it appealing to early-career scholars. Over years of working at HSE University, they grow into researchers and lecturers recognised both in Russia and abroad. Chief Research Fellow Zarina Lepshokova and Leading Research Fellow Ekaterina Bushina spoke about their journey at the centre and at HSE, their research, and the role of mentors in their academic success.

 

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Firm performance and regional economic freedom: the case of Russia

Post-Soviet Affairs. 2020. Vol. 36. No. 5-6. P. 395–415.
Bykova A., Coates D. C.

This study investigates whether economic freedom of a region drives firm performance. Despite the large number of papers about the relationship between economic freedom and growth, there is still little evidence on the role of economic freedom in performance of individual firms. We address this gap in the literature using hierarchical linear modelling, allowing us to investigate regional differences in company level performance. The dataset consists of information about 1096 companies combined with the Index of Economic Freedom for Russian regions during the period 2004 – 2014

Research target: Economics and Management Psychology Basic Medicine Mechanics and Mechanical Engineering
Priority areas: economics
Language: English
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Keywords: Россияэкономическая свободаRussiaинститутыinstitutionscompany performanceрезультаты деятельности компаний19th-20th centuries Russiaeconomic freedom
Publication based on the results of:
Конкурентоспособность и опережающее развитие российского бизнеса на основе интеллектуальных ресурсов (2018)
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