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News
July 16, 2026
Team Success: Aligning Means with Objectives
In corporations, sports, and academia, people often face challenges they cannot handle alone. In such cases, selecting the right team is crucial. Tatiana Mayskaya, Associate Professor at the HSE Faculty of Economic Sciences and the International College of Economics and Finance, together with colleagues from foreign universities, examined team characteristics and found that less diverse teams are better suited to objectives where a high average performance is important, whereas more diverse teams are preferable when avoiding failure is critical. The paper has been published in Economic Theory.
July 15, 2026
Economists Propose More Effective Approach to Reducing Smoking
Economists at HSE University have examined how smokers respond to changes in cigarette prices. When tobacco prices increase, cigarette consumption does not always decline. In fact, spending on tobacco may even rise: according to the researchers, a 1% decrease in cigarette affordability leads to a 0.28% increase in per capita tobacco expenditure. The findings suggest that to reduce smoking rates, tobacco prices must rise faster than household incomes. The study has been published in Voprosy Statistiki.
July 15, 2026
HSE MIEM Students to Develop Two Satellites from Scratch for Orbital Experiments
The devices, created by student teams, will conduct space research on the properties of promising solar cells, on-board energy storage systems, and serial electronics for student satellites.

 

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Финансовые параметры доступности жилья в Санкт-Петербурге

Финансы и бизнес. 2023. Т. 19. № 2. С. 74–84.
Smirnova E.

The article considers the basic criteria for measuring housing affordability: the term of accumulation, the ratio of income to payment, as well as the share of the population to which mortgages are available in the primary market. An analysis of the dynamics of financial parameters of housing affordability in the region in 2019-2022 is being carried out, accessibility indicators are calculated based on median income. An assessment of the purchasing power of a mortgage housing loan in St. Petersburg on medium-market conditions has been given: today, on the market of new buildings, you can purchase 25 square meters of housing with a loan of 5 million rubles, and three years earlier 3 million rubles were enough. The distorted price structure under the influence of mortgages from developers with low rates and its consequences for the development of the real estate market are discussed. The possibility of expanding state support for housing affordability and rental relations was noted.

Research target: Economics and Management
Language: Russian
DOI
Text on another site
Keywords: доступность жильяипотекарынок недвижимостиmortgagereal estate markethousing affordability
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