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). The HDC can order an immediate repayment or grant a debt suspension. Exploiting the random assignment of bankruptcy … filings to managers, we show that a debt suspension has a very significant and negative effect on the likelihood to re … the nature of their indebtedness. Our results imply that rather than focusing on a specific debt profile, above all a …
Persistent link: https://www.econbiz.de/10012946593
The paper starts with discussing institutional framework for public sector wage setting in Russia. Given that …
Persistent link: https://www.econbiz.de/10012756316
In order to remain competitive, firms need to keep the quantity and composition of jobs close to the optimal for their given output. Since the beginning of the transition period, Russian industrial firms have been widely reporting that the quantity and composition of hired labor is far from...
Persistent link: https://www.econbiz.de/10012756317
During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the 1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union, because it induced a costly restructuring of the...
Persistent link: https://www.econbiz.de/10012749800
decades for Russia. We found no adaption to vulnerability for life satisfaction and subjective wealth, with longer …
Persistent link: https://www.econbiz.de/10012838489
countries. We offer a new study on the impacts of equivalence scale adjustments on poverty dynamics for Russia, using the … equivalence scales constructed from subjective wealth and more than 20 waves of household panel survey data from the Russia …
Persistent link: https://www.econbiz.de/10012838504
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from 1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our...
Persistent link: https://www.econbiz.de/10012839051
and regions of Russia. In contrast to previous studies, we use variations in the population of a region as a proxy of its … regions. We provide descriptive statistical evidence showing that Russia has more/less/the same intense migration flows than …
Persistent link: https://www.econbiz.de/10012843170
This paper presents new estimates of the returns to education in the Russian Federation using data from 1994 to 2018. Although the returns to schooling increased for a time, they are now much lower than the global average. Private returns to education are three times greater for higher education...
Persistent link: https://www.econbiz.de/10012822462
, on the elderly mortality in Russia. According to our study, crises have led to an increase in mortality with …
Persistent link: https://www.econbiz.de/10012826758