Showing 1 - 10 of 143
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
This study uses newly available data in a quantitative examination of the relationship between Soviet special foreign trade earnings (SFEs) and changes in the money supply. During the Soviet era, SFEs were effectively taxes on imports and exports. They generated as much as 7-15% of state budget...
Persistent link: https://www.econbiz.de/10012148716
This study uses newly available data in a quantitative examination of the relationship between Soviet special foreign trade earnings (SFEs) and changes in the money supply. During the Soviet era, SFEs were effectively taxes on imports and exports. They generated as much as 7–15% of state...
Persistent link: https://www.econbiz.de/10010818561
This paper explores the dynamics of corporate finance during the early stages of industrial growth by examining a newly constructed panel database of Imperial Russian industrial corporations' balance sheets. We document large differences in financial strategies and outcomes across industries,...
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