Tag "economics"

The monograph Russian and Western Economic Thought has been published under the editorship of the HSE Faculty of Economic Sciences and the University of Hohenheim, Stuttgart (Germany). Written by a selection of respected experts, the monograph examines the interrelations and mutual influence of Russian and Western economic thinking. The book is edited by Prof. Vladimir Avtonomov, HSE Faculty of Economic Sciences, and Prof. Harald Hagemann, the University of Hohenheim.

Ambivalence and a combination of contradictory principles are vividly manifested in the actions of government, its individual agents and institutions, as well as the everyday practices of economic subjects and citizens. The participants of the HSE Laboratory for Studies in Economic Sociology seminar discussed the book The Ambivalence of Power in the Twenty-First Century Economy: Cases from Russia and Beyond, recently published in the UK. Prepared by researchers from HSE University and foreign universities, the book focuses on the study of ambivalence in Russia and beyond.

The informal economy is a global phenomenon found in both developed and developing countries. There remains no consensus among academics about how the informal sector impacts overall economic growth. Elena Kalmychkova and Alexander Lipanov of Lomonosov Moscow State University and HSE University examined the informal economic sectors of former Soviet republics and found that regardless of any potential negative impact, these informal economies eventually helped people adapt to a post-transition free market environment.

Researcher Anastasia Dubnovitskaya of HSE University has studied the impact of social comparison on the level of Russians' pay satisfaction. The study used data from the Russia Longitudinal Monitoring Survey — HSE University (RLMS-HSE) from 2002 to 2018. It turned out that the main contribution to Russians' pay satisfaction is the difference between their actual pay and the average wages of the reference group — people with similar characteristics. The size of one's own wages was of secondary importance.

The creation of the Customs Union and the Eurasian Economic Union (EAEU) contributed to the development of mutual trade between their member countries. That process picked up pace significantly starting in 2019. Still, it is too early to say that the efforts by EAEU member states to achieve economic integration have been an unqualified success. This problem is the focus of a joint report that a group of experts from Russia (HSE), Kazakhstan, Belarus, Armenia and Kyrgyzstan presented at the XXIII Yasin International Academic Conference organised by HSE University in April.

Gender, alongside other characteristics, seems to have a different effect on CEO risk-taking practices in Russia and in Western Europe. Female executives in Russia are at least as likely as men — and in some areas even more likely — to engage in new R&D or to launch new products on the market.

Risk-takers are thought to be more likely to set up and grow their own ventures because business involves many risks. This does not apply to all entrepreneurial situations, but only to those where people have realized that running their own business is something they really want, not something they are pushed to do.

Poverty has been falling in Russia since the early 1990s — from 34% in 1994 to 12% in 2019. Part of the population has experienced situational poverty due to economic crises.

What issues can modern economics help address? How can economists shape government policies? What languages should an economist speak? These are some of the questions Professor Alain Paquet of the University of Quebec at Montreal will talk about at the upcoming meeting of the Discussion Club on Modern Economic Policy hosted by HSE University’s Faculty of Economic Science on November 11. The News Service has talked to Professor Paquet ahead of the lecture.

Female public officials see bribes as a problem twice as often as their male counterparts. They are less often willing to risk their jobs or take part in fraudulent activities.