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Reforming the Public Pension System in the Russian Federation
Eich, Frank - 2012
Pension reform is a key policy challenge in Russia. This paper examines how pension spending could increase in Russia …
Persistent link: https://www.econbiz.de/10013098606
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Strengthening Russia's Fiscal Framework
Zakharova, Daria - 2012
Though many aspects of Russia's fiscal policy framework are close to best practice on paper, actual practice in recent …
Persistent link: https://www.econbiz.de/10013108608
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Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market
Lu, Yinqiu - 2017
Local currency government bonds (OFZ bonds) are an important fixed-income instrument in Russia's financial markets. In …
Persistent link: https://www.econbiz.de/10012960579
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Macroeconomic Effects of Reforms on Three Diverse Oil Exporters : Russia, Saudi Arabia, and the UK
Beidas-Strom, Samya - 2019
We build and estimate open economy two-bloc DSGE models to study the transmission and impact of shocks in Russia, Saudi …: Russia would benefit from a smaller state foot-print, while in Saudi Arabia, unless this is accompanied by structural reforms …
Persistent link: https://www.econbiz.de/10012859857
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High Liquidity Creation and Bank Failures
Fungáčová, Zuzana - 2015
We formulate the “High Liquidity Creation Hypothesis” (HLCH) that a proliferation in the core activity of bank liquidity creation increases failure probability. We test the HLCH in the context of Russian banking, which provides a natural field experiment due to numerous failures experienced...
Persistent link: https://www.econbiz.de/10013021779
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The IMF and Russia in the 1990s
Odling-Smee, John - 2015
This paper explains the IMF`s impact on economic policies in Russia, focusing on where the IMF made a difference. The …
Persistent link: https://www.econbiz.de/10012750622
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The Russian Flat Tax Reform
Ivanova, Anna; Keen, Michael; Klemm, Alexander - 2021
Russia dramatically reduced its higher rates of personal income tax (PIT) in 2001 establishing a single marginal rate …
Persistent link: https://www.econbiz.de/10013318093
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Money Demand and Inflation in Dollarized Economies : The Case of Russia
Oomes, Nienke; Ohnsorge, Franziska - 2005
inflation. In this paper, we show that a stable money demand function for Russia can be found for "effective broad money," which …
Persistent link: https://www.econbiz.de/10014062269
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Regional Disparities and Fiscal Federalism in Russia
Dynnikova, Oksana; Kyobe, Annette J.; Slavov, Slavi - 2022
This paper examines how regional disparities have evolved in Russia and how Russia’s system of intergovernmental fiscal … with federal systems of government, Russia stands out with its high reliance on direct taxes as a revenue source for its …
Persistent link: https://www.econbiz.de/10013305606
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What Caused the Global Financial Crisis? Evidence on the Drivers of Financial Imbalances 1999-2007
Nier, Erlend W. - 2011
This paper investigates empirically the drivers of financial imbalances ahead of the global financial crisis. Three factors may have contributed to the build-up of financial imbalances: (i) rising global imbalances (capital flows), (ii) monetary policy that might have been too loose, (iii)...
Persistent link: https://www.econbiz.de/10013131803