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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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Arab Spring, Its Aftermath, and James Davies’ Inverted J-Curve

Critical Sociology. 2024. Vol. 50. No. 1. P. 177–182.
Korotayev A., Shishkina A.

We show that in the post-revolutionary Tunisian case  we are dealing here with the famous inverted J-curve effect that was first described by James C. Davies (1962)—risks of revolutionary destabilization are especially high when a pronounced economic slowdown comes after a few years of dynamic economic growth that creates inflated expectations. And this destabilization can well be not only revolutionary, but also quasi-revolutionary and counterrevolutionary; it can well result in regime change—and not only in democratic, but also in authoritarian direction, as well as in general state breakdown.

Research target: Political Science, International Relations, and Public Administration Sociology (including Demography and Anthropology
Language: English
Full text
DOI
Keywords: SyriaYemenMoroccoArab Spring2013 Egyptian coup d’étatrelative deprivation theory (Davies‘ J-curve)The “Arab Spring,” Tunisia
Publication based on the results of:
Mechanisms and factors of stability of socio-political systems of the "Afrasian" macro zone of instability (2023)
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