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News
October 14, 2026
At HSE University–St Petersburg, Experts Discuss How AI Changes Tourist Routes and Cultural Heritage
Neural networks are no longer simple travel assistants; now they decide what to include on the route and what to skip. Artificial intelligence changes how people perceive a place and shapes the image of tourist centres. At the II International Scientific and Practical Conference ’Information Technologies in the Preservation and Promotion of Cultural Heritage,’ researchers discussed who controls algorithmic solutions and in what ways, and whether authentic traditions get lost in them.
October 12, 2026
Road Injuries Leading Cause of Death Among Men Aged 10 to 39
Worldwide, road injuries are the leading cause of death among males aged 10–39. An international team of researchers reached this conclusion as part of the Global Burden of Disease Study 2023, analysing data from 204 countries between 1990 and 2023. Their findings have been published in The Lancet Public Health, with HSE University Professor Vasily Vlassov listed among the collaborators.
October 8, 2026
HSE Experts Take Part in 23rd Annual Meeting of Valdai Discussion Club
The 23rd Annual Meeting of the Valdai Discussion Club was held from September 28 to October 1, 2026 under the theme ‘Responsibility for the Future: Limits of the Possible, or Limitless Possibilities?’ The forum brought together 120 experts from 40 countries, including representatives of China, the United States, India, Brazil, the United Kingdom, Germany, Egypt, Iran, and Japan.

 

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Влияние изменений кредитных рейтингов на динамику цен акций

Наука и практика. Научно-аналитический журнал РЭУ им. Г.В. Плеханова. 2024. Т. 16. № 3(55). С. 37–50.
Galanova A., Овсяник В. А.

Credit ratings represent an assessment of the totality of borrowers' risks, and due to the very method of compilation, they contain a large amount of information about companies which is taken into account by market participants. The impact of news release about a change in a company's credit rating on the dynamics of its stock prices can be analyzed using the event study methodology. The results of the calculations confirm the statistical significance of a short-term positive market reaction in the case of credit ratings upgrades and a negative one in the case of downgrades. However, there are differences in the direction and duration of the market reaction to changes in credit ratings and depending on the brand of the credit rating agency itself. At the same time, the effect of publicly available news about changes in credit ratings forecasts is statistically insignificant.

Research target: Economics and Management
Language: Russian
Text on another site
Keywords: кредитный рисккредитный рейтинг кредитно-рейтинговые агентстварынок акцийсобытийный анализФондовый рынок России
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