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Russia and the Soviet Union Then and Now
Fischer, Stanley - 1992
The main focus of this paper is on the process and progress of economic reform in Russia. But I start with four … historical questions that bear on the current situation. How advanced was Russia in 1913? What relevance, if any, does the New … 1970s and 1980s? What role did Gorbachev's policies play in bringing about the final collapse of the Soviet Union? Russia …
Persistent link: https://www.econbiz.de/10012474902
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From Soviets to Oligarchs : Inequality and Property in Russia, 1905-2016
Novokmet, Filip - 2017
-income taxpayers) in order to provide consistent series on the accumulation and distribution of income and wealth in Russia from the … in the United States. We also find that inequality has increased substantially more in Russia than in China and other ex …-communist countries in Eastern Europe. We relate this finding to the specific transition strategy followed in Russia. According to our …
Persistent link: https://www.econbiz.de/10012453999
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Momentum in Imperial Russia
Goetzmann, William - 2015
delegated management in Imperial Russia. A regulatory change in 1893 made speculating on the St. Petersburg stock market more …
Persistent link: https://www.econbiz.de/10012456970
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Was Stalin Necessary for Russia's Economic Development?
Cheremukhin, Anton - 2013
This paper studies structural transformation of Soviet Russia in 1928-1940 from an agrarian to an industrial economy … through the lens of a two-sector neoclassical growth model. We construct a large dataset that covers Soviet Russia during 1928 …-1940 and Tsarist Russia during 1885-1913. We use a two-sector growth model to compute sectoral TFPs as well as distortions and …
Persistent link: https://www.econbiz.de/10012459235
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Entry and Exit of Informal Firms and Development
McCaig, Brian; Pavcnik, Nina - National Bureau of Economic Research - 2021
Non-farm informal businesses comprise the majority of the firm distribution in developing countries. We document novel stylized facts about entry and exit of informal, non-farm firms using nationally representative panel data over 15 years and across regions with varying levels of local economic...
Persistent link: https://www.econbiz.de/10012599276
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Macroprudential Policy with Leakages
Bengui, Julien - 2018
The outreach of macroprudential policies is likely limited in practice by imperfect regulation enforcement, whether due to shadow banking, regulatory arbitrage, or other regulation circumvention schemes. We study how such concerns affect the design of optimal regulatory policy in a workhorse...
Persistent link: https://www.econbiz.de/10012480701
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The Unofficial Economy and Economic Development
Porta, Rafael La - 2008
In developing countries, informal firms (those that are not registered with the government) account for about half of all economic activity. We consider three broad views of the role of such firms in economic development. According to the romantic view, these firms would become the engine of...
Persistent link: https://www.econbiz.de/10012464127
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The Informal Sector
de Paula, Áureo - 2007
This paper investigates the determinants of informal economic activity. We present two equilibrium models of informality and test their implications using a survey of 48,000+ small firms in Brazil. We define informality as tax avoidance; firms in the informal sector avoid tax payments but suffer...
Persistent link: https://www.econbiz.de/10012465160
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Tax Effects on Work Activity, Industry Mix and Shadow Economy Size : Evidence from Rich-Country Comparisons
Davis, Steven J. - 2004
Guided by a simple theory of task assignment and time allocation, we investigate the long run response to national differences in tax rates on labor income, payrolls and consumption. The theory implies that higher tax rates reduce work time in the market sector, increase the size of the shadow...
Persistent link: https://www.econbiz.de/10012468184
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Does Public Health Insurance Reduce Labor Market Flexibility or Encourage the Underground Economy? Evidence from Spain and the United States
De La Rica, Sara - 1993
This paper compares the labor market implications of the health insurance system in Spain and in the United States. While most health insurance is privately provided to workers (by employers) in the United States, Spanish workers obtain health insurance coverage from the public social security...
Persistent link: https://www.econbiz.de/10012474549