Showing 1 - 10 of 1,157
Persistent link: https://www.econbiz.de/10000077494
During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the 1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union, because it induced a costly restructuring of the...
Persistent link: https://www.econbiz.de/10012463774
Gaidar's reforms, 1992, when Russian transition to a market economy began. After 1992, promotions are blocked, because both … weak outsider property rights enforcement in Russia. Keywords: institutional environment and internal labor market …, transition to a market economy …
Persistent link: https://www.econbiz.de/10012465657
production on the macro economy, and in particular, the real business cycle. This literature employs calibration techniques to … econometric identification problems. Furthermore, using data from the late 90s from transition Russia, it is argued that one … from a controlled economy to a market economy resulted in significant increase in home productivity and an increase in the …
Persistent link: https://www.econbiz.de/10012466381
The paper argues that global financial factors played an important role in the capital-inflow episode in Emerging Market economies (EMs), during the early part of the 1990s, and clearly in the Sudden Stop (of capital inflows) crises that took place after the 1998 Russian crisis. Moreover, the...
Persistent link: https://www.econbiz.de/10012467379
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
under favorable and unfavorable fossil-fuel price regimes. The model includes Russia, the U.S., China, India, the EU, and …This paper develops a large-scale, dynamic life-cycle model to simulate Russia's demographic and fiscal transition … Japan+ (Japan plus Korea). The model predicts dramatic increases in tax rates in the U.S., EU, India, and Russia. Indeed …
Persistent link: https://www.econbiz.de/10012457398
We conduct the first empirical test of the knowledge burden hypothesis, one of several theories advanced to explain increasing team sizes in science. For identification, we exploit the collapse of the USSR as an exogenous shock to the knowledge frontier causing a sudden release of previously...
Persistent link: https://www.econbiz.de/10012458968
) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the … it induced in the social structure, in particular the size of the middle class, across different regions of Russia …
Persistent link: https://www.econbiz.de/10012462572
Most analysts of the modern Latin American economy hold to a pessimistic belief in historical persistence -- they …
Persistent link: https://www.econbiz.de/10012463345