-equalising income source in China than in Russia. While Russian public transfers reduce income inequality, Chinese public transfers … residents in China and in urban Russia to be very similar. …Harmonised microdata show a Gini coefficient for per capita total income of 45.3 percent in China 2002 and 33.6 percent …

We document that trust in public institutions – and particularly trust in banks, business and government – has declined … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …

Using comprehensive financial and accounting data on China’s listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China’s securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China’s corporate governance will …

This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using … comprehensive financial and accounting data on China’s listed firms from 1998 to 2002, augmented by unique data on executive … cash compensation (salary and bonus) for top executives with respect to shareholder value in China. In addition, sales …

Public employment grew surprisingly fast in Russia during the 1990s, at a time when total employment was falling. Most … growth of public employment in Russia appears less a result of ignorant or irresolute central management than a perverse …

This paper is one of the first comprehensive attempts to compare earnings in urban China and India over the recent … levels in China and significantly accentuates the reversal of the wage gap in favour of this country for the first half of …

We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …