Showing 1 - 10 of 414
Soviet growth over 1960-89 was the worst in the world after we control for investment and human capital; the relative performance worsens over time. The declining Soviet growth rate over 1950-87 is explained by the declining marginal product of capital; the rate of TFP growth is roughly constant...
Persistent link: https://www.econbiz.de/10012474190
The main focus of this paper is on the process and progress of economic reform in Russia. But I start with four … historical questions that bear on the current situation. How advanced was Russia in 1913? What relevance, if any, does the New … 1970s and 1980s? What role did Gorbachev's policies play in bringing about the final collapse of the Soviet Union? Russia …
Persistent link: https://www.econbiz.de/10012474902
-income taxpayers) in order to provide consistent series on the accumulation and distribution of income and wealth in Russia from the … in the United States. We also find that inequality has increased substantially more in Russia than in China and other ex …-communist countries in Eastern Europe. We relate this finding to the specific transition strategy followed in Russia. According to our …
Persistent link: https://www.econbiz.de/10012453999
delegated management in Imperial Russia. A regulatory change in 1893 made speculating on the St. Petersburg stock market more …
Persistent link: https://www.econbiz.de/10012456970
This paper studies structural transformation of Soviet Russia in 1928-1940 from an agrarian to an industrial economy … through the lens of a two-sector neoclassical growth model. We construct a large dataset that covers Soviet Russia during 1928 …-1940 and Tsarist Russia during 1885-1913. We use a two-sector growth model to compute sectoral TFPs as well as distortions and …
Persistent link: https://www.econbiz.de/10012459235
Ukrainians explains up to 77% of famine deaths in the three republics of Russia, Ukraine and Belarus and up to 92% in Ukraine …
Persistent link: https://www.econbiz.de/10012599379
This paper studies the causal effect of technology and knowledge transfers on early industrial development. Between 1950 and 1957, the Soviet Union supported the "156 Projects" in China for the construction of technologically advanced, large-scale, capital-intensive industrial facilities. We...
Persistent link: https://www.econbiz.de/10012696364
In many countries of the world the co-residence of young adults aged 25-34 with their parents is not uncommon and in some countries the savings rates of these age groups exceed those of the middle-aged contrary to the standard model of life-cycle savings. In this paper we examine the role of...
Persistent link: https://www.econbiz.de/10012480153
A policy of deputization asks agents to monitor others without providing explicit incentives. It is often used to prevent dangerous activities. To calibrate whether and why it works, we study recent laws that deputized financial professionals to help fight elder financial abuse. We show...
Persistent link: https://www.econbiz.de/10012481808
Currency substitution (CS) and financial adaptation are in general believed to increase the equilibrium rate of inflation. This result derives from a setup in which the government finances a certain amount of real resources through money printing and where CS reduces the base of the inflation...
Persistent link: https://www.econbiz.de/10012474783