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This paper studies how output fluctuations in Russia are transmitted internationally. Using vector autoregression (VAR …) and dynamic panel models, the paper finds that Russia's output fluctuations are an important driver of output fluctuations …
Persistent link: https://www.econbiz.de/10015059091
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/10009621667
We test the extent to which growth in the 11 CIS countries (excluding Russia) was associated with developments in … Russia, overall, as well as through the trade, financial and remittance channels over the last decade or so. The results … point to the continued existence of economic links between the CIS countries and Russia, though these links may have altered …
Persistent link: https://www.econbiz.de/10012677520
Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia's economic … paper fills this gap by simulating their macroeconomic effects in a DSGE model calibrated to Russia's economy-the first of …
Persistent link: https://www.econbiz.de/10012677651
UTILIZATION IN RUSSIA -- A. Capacity Utilization -- B. Labor Utilization -- C. Estimating the Natural Rate -- IV. OUTPUT GAP …
Persistent link: https://www.econbiz.de/10012691060
Russia's war in Ukraine has disrupted the supply of natural gas for many European countries, triggering an energy …
Persistent link: https://www.econbiz.de/10015058730
We analyze the potential impacts on the German economy of a complete and permanent shutoff of the remaining Russian natural gas supplies to Europe, accounting for the curtailment of flows through Nord Stream 1 that has already taken place. We find that such a scenario could lead to gas shortages...
Persistent link: https://www.econbiz.de/10015060253
We assess the supply-side effects on European Union (EU) economic activity if Russian gas imports were to suddenly cease. Unlike other studies, we account for the global scope of the liquefied natural gas (LNG) market. In the absence of frictions, an open-economy, multi-sector general...
Persistent link: https://www.econbiz.de/10015060254
The paper reviews the “stylized facts” on economic growth gathered by Easterly and Levine in their 2001 joint paper and illustrates some of the points made on the basis of data from the IMF’s World Economic Outlook on real growth and per capita GDP since 1970. The data show that the growth...
Persistent link: https://www.econbiz.de/10005825901
This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can explain why growth accelerations in developing countries tend to be associated with current account improvements. The uninsurable risk of losing invested capital forces entrepreneurs...
Persistent link: https://www.econbiz.de/10008519499