Showing 1 - 10 of 73
Belief that competition is beneficial in general and for productive efficiency in particular is likely to root in … competition's well established and rigorously proved positive relation to the optimal allocation of economic resources. This paper … looking at the production side of the economy attempts to provide another argument in favor of competition as a productivity …
Persistent link: https://www.econbiz.de/10005121372
debate. Privatization and market competition are the two primary forces to induce changes in the firm behavior. The author … outside shareholders are most efficient. Another finding is that market competition has little role in determining firm …
Persistent link: https://www.econbiz.de/10005519029
This paper uses a classic, overlapping generation model to analyze the optimal transition of the Russian economy from a PAYG pension system to a funded pension system. The transition is associated with the accumulation of social capital gained by increased contributions to the pension system....
Persistent link: https://www.econbiz.de/10005121356
This paper attempts to explain a large premium paid on common (voting) shares relative to preferred (non-voting) shares in the Russian stock market. Empirical analysis focuses on two main explanations relating the premium either to the voting right attached to common shares or to differences in...
Persistent link: https://www.econbiz.de/10005121359
The problem of poverty and inequality measurement in contemporary Russian society is considered within the framework of the general problem of social tension reduction via efficient organization of the social assistance system. We argue that features specific to Russian transition stipulate that...
Persistent link: https://www.econbiz.de/10005121360
Factors impacting the initiation and termination of smoking, using Cox's proportional hazard model as the econometric tool, on the basis of RLMS and Goskomstat data on tobacco prices, are being investigated in this paper. The model to explain the amount of consumed cigarettes and the composite...
Persistent link: https://www.econbiz.de/10005121361
population. This paper examines the causes of inequality growth in Russia during transition. Using RLMS data author tries to …
Persistent link: https://www.econbiz.de/10005121363
The paper documents the changes in the size of the wage distribution in Russia over the period 1994–2003. Developments …
Persistent link: https://www.econbiz.de/10005121364
This paper studies different auctions of supply functions in a local market and a simple network market of a homogeneous good with two nodes and a fixed transmission loss per unit of the good. We study problems of existence, uniqueness and computation of Nash equilibria for these models. We also...
Persistent link: https://www.econbiz.de/10005121366
The paper studies a possibility to construct a price index (“core inflation” index) for Russia, which is more …
Persistent link: https://www.econbiz.de/10005121367