Showing 1 - 10 of 115
This paper develops an open-economy DSGE model with a housing-market sector and a borrowing constraint. Contrary to standard conventions, domestic households are allowed to invest in foreign housing and vice versa. Using Bayesian methods, the model is applied to data for Hong Kong. The results...
Persistent link: https://www.econbiz.de/10014188828
This paper investigates stock market reaction to debt arrangements in Russia. The analysis of the valuation of debt …
Persistent link: https://www.econbiz.de/10013138899
This study examines the expanding role of fiscal policy at a time of financial crisis. It analyses the stimulative fiscal measures of the Russian government in 2008-2010 and compares these with similar actions taken in other countries. The risks and limitations associated with the development...
Persistent link: https://www.econbiz.de/10013138901
enterprises. It then introduces unique data from a survey of 359 large industrial firms across several dozen of Russia's largest …
Persistent link: https://www.econbiz.de/10013113801
economic development in a country. In a post-industrial society, that Russia aspires to be, further economic development …
Persistent link: https://www.econbiz.de/10013114224
th round of the Russia Longitudinal Monitoring Survey (RLMS-HSE). Our results show that the determinants of saving and …
Persistent link: https://www.econbiz.de/10013118818
We examine the drivers behind loan supply fluctuations in Russia using Bayesian vector autoregressive model with sign …
Persistent link: https://www.econbiz.de/10013121273
policy advice and mistaken policy choices. Though Russia's performance leaves much to be desired, such criticisms are based … particular the views presented by Jospeh Stiglitz, shows that the Chinese reform path was not available to Russia, that mass … and necessity in policy making more generally. The final section of the paper characterises Russia as a case of weak state …
Persistent link: https://www.econbiz.de/10013098903
liquidity surplus in the system. We apply this methodology to the case of Russia, an emerging economy, to identify the current …
Persistent link: https://www.econbiz.de/10013104877
This paper examines the effect of banking on economic growth in modern Russia. To overcome simultaneity and selection …
Persistent link: https://www.econbiz.de/10013107117