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The rate of interest as a macroeconomic distribution parameter: Horizontalism and Post-Keynesian models of distribution of growth

Hein, Eckhard - Volkswirtschaftliche Fakultät, … - 2010

perspective. This is shown by means of examining the effect of increasing capital accumulation on the debt-capital ratio of the … accumulation may be associated with a falling (rising) debt-capital ratio for the economy as a whole and hence with the ‘paradox of … debt’. Therefore, the treatment of the rate of interest as an exogenous macroeconomic distribution parameter in Post …

Persistent link: https://www.econbiz.de/10008564512

The Cost of Capital in Markets with Opaque Intermediaries and the Risk-Structure of Interest Rates

Mierzejewski, Fernando - 2009

The demand for cash balances of financial intermediaries that establish contractual liabilities with credit-sensitive customers is characterized. As stated by Merton, the success of the business activities of such firms crucially depends on their credit quality, and hence, they are obliged to...

Persistent link: https://www.econbiz.de/10013160192

Cooperation between Russian Research Organizations and Industrial Companies : Factors and Problems

Simachev, Yuri - 2014

The study is focused on the cooperation of Russian companies with research organizations in implementing R&D projects during technological innovation. Taking into account behavioral changes, authors carry out a micro-level analysis based on empirical data of executive survey of over 600 Russian...

Persistent link: https://www.econbiz.de/10013050230

The Nature of Innovation Channels at the Micro-Level : Evidence from Russian Manufacturing Firms

Simachev, Yuri; Kuzyk, Mikhail; Feygina, Vera - 2013

The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...

Persistent link: https://www.econbiz.de/10014153492

Eurasian Integration and Its Institutions : Possible Contributions to Security in Eurasia

Vinokurov, Evgeny; Libman, Alexander - 2017

The authors turn to the large family of institutions that came into existence in post-Soviet Eurasia (and, in some ways, beyond it) over the last two decades. The researchers review their current state, agenda, real and perceived mandate, and their respective achievements and constraints. The...

Persistent link: https://www.econbiz.de/10014118027

Russian Policies in Support of Innovation : Elusive Quest for Efficiency

Simachev, Yuri - 2014

Focused on the efficiency of the Russian innovation-fostering policy, the research is based on an empirical analysis of how policy instruments impact firms' behavior. The data is obtained from two surveys of more than 600 Russian industrial companies in 2011-2012. The analysis shows that tax...

Persistent link: https://www.econbiz.de/10013051919

Impact of Economic Crisis on Innovation Behaviour of Industrial Firms In Russia

Kuznetsov, Boris - 2013

The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing firms during the crisis. We presume that the crisis has ambiguous effects on firms' behaviour, on one hand limiting their financial capabilities to invest into new products...

Persistent link: https://www.econbiz.de/10013082604

Fostering Innovation in Russian Companies in the Post-Crisis Period : Opportunities and Constraints

Simachev, Yuri - 2013

In recent years the Russian innovation policy has made a significant progress that manifests in developing its ‘tool kit', increasing resource base, etc. However it has not yet succeeded in improving business innovation activities that remain local thus not giving prerequisites to transform...

Persistent link: https://www.econbiz.de/10013083716

New approaches to crisis resolution: Weighing the options (A comment)

Reinhart, Carmen - Volkswirtschaftliche Fakultät, … - 2003

Comments on: Barry Eichengreen, Kenneth Kletzer, and Ashoka Mody who describe the debate over collective action clauses, which have been considered by the G-7,G-10, G-20, G-22, G-30, Institute of International Finance (IIF),International Monetary Fund, International Monetary and Financial...

Persistent link: https://www.econbiz.de/10005835825

Oil prices and the developing countries- the evidence of the last decade

Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1985

Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil...

Persistent link: https://www.econbiz.de/10005836490

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