Showing 1 - 10 of 141
The paper reviews the recent conduct of monetary policy and the central bank’s rule-based behavior in Russia. Using … different policy rules, we test whether the central bank in Russia reacts to changes in inflation, output gap and the exchange … rate in a consistent and predictable manner. Our results indicate that during the period of 1993-2002 the Bank of Russia …
Persistent link: https://www.econbiz.de/10010283277
corporations' profits and dividend payouts followed the Russian business cycle. Russian corporate debt ratios mostly follow mod …-ern capital structure theories, but tangible assets were not associated with higher debt levels, suggesting that Russian corporate … debt was short-term, that collateral was irrelevant, or that agency problems dom-inated. We also find evidence that …
Persistent link: https://www.econbiz.de/10012614229
finding that all types of banks in Russia increase their lending before presidential elections supports the view that the … authorities in an electoral autocracy like Russia can influence lending of both private and state-owned banks for political …
Persistent link: https://www.econbiz.de/10012614230
The microeconomic drivers of medium- and short-term income mobility in Russia over the period 1996-2016 are …-poor patterns of growth may accompany Russia's notoriously high levels of inequality. Controlling for other personal and household …
Persistent link: https://www.econbiz.de/10012614233
This article links Russians' individual experiences during the late-Gorbachev and early-Yeltsin years to the beliefs those same individuals espoused in the Putin era, over a decade later. Drawing on questions, some of which are retrospective, from the first wave of the Life in Transition Survey,...
Persistent link: https://www.econbiz.de/10012614239
This paper studies the distribution of politically motivated intergovernmental transfers in Russia focusing on the case … findings are in line with the argument that the regional governments in Russia play an important role in the distribution of …
Persistent link: https://www.econbiz.de/10012614251
resource-richest and most unequal countries in the world – Russia. While previous literature produced contradictory findings …
Persistent link: https://www.econbiz.de/10012815319
Russia has witnessed a high number of bank failures over the last two decades. Using monthly data for 2002 … provide mixed evidence that political cycles matter for the occurrence of bank failures in Russia. …
Persistent link: https://www.econbiz.de/10013408687
This paper uses a survey among students at European universities to explore whether Russia's invasion of Ukraine has … affected attitudes toward European integration. Some respondents completed the survey just before Russia's assault on February …
Persistent link: https://www.econbiz.de/10013432939
Firms' contractual relations with a state may give lenders a positive signal and facilitate access to debt. This paper … studies the impact of public procurement contracts on ftrms' access to debt using an extensive survey of Russian manufacturing … short-term debt twice as much as revenue from private contracts. Long-term debt is not affected by public contracts …
Persistent link: https://www.econbiz.de/10013432940