The aim of this study is to investigate the impact of corruption on bank lending in Russia. This issue is of major … interest in order to understand the causes of financial underdevelopment and the effects of corruption in Russia. We use … hampers bank lending in Russia. We investigate whether this negative role of corruption is influenced by the degree of bank …

Russia to regulate banking and finance, including rule of law, competition, deposit insurance, bankruptcy, and corporate … Russia to an impasse – the banking sector’s ownership structure hinders further advancement of market institutions. Indeed …

This paper adds to the literature on wealth effects on consumption by disentangling house price effects on consumption … movements have different implications for the consumption/housing ratio. We exploit the geographical variation in property … model. Overall, the results suggest a significant long run impact of property prices on consumption. They also broadly …

sense of very high investment and very low consumption, giving rise to rapid capital accumulation; and an imbalance between …. Both imbalances imply a low rate of time discount by both government and society: consumption in the present is forgone in … favour of consumption in the future. The paper examines how these imbalances came about, and goes on to consider whether they …

conspiracy thinking on expectations of collusion among individuals in Russia and China. For this purpose, we conduct a novel …

In this paper, we analyze the influence of the state on the improvement of corporate governance in Russia of the early … in Russia in 2001-2004. The estimation results of this model are statistically robust in different specifications. We …

This paper examines the effect of banking on economic growth in modern Russia. To overcome simultaneity and selection …

enterprises. It then introduces unique data from a survey of 359 large industrial firms across several dozen of Russia’s largest …

We review some aspects of financial dollarization in Russia, applying the main relevant theories to analyze the …, where we have seen significant accumulation of international reserves by the Bank of Russia and repayment of government debt …