Der Verfasser analysiert in kurzer Form die wesentlichen negativen Begleiterscheinungen der russischen Wirtschaftsreformen. Die Tendenz zum Rückgang in der Industrieproduktion hält seit 1992 unvermindert an, wenn auch in den letzten zwei Jahren in gemäßigtem Tempo. Der Autor benennt die...

The article summarizes the key results of researches in the field of early warning systems for financial crises, conducted by the Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF) since 2005. The proposed early warning system consists of three major blocks: the leading...

We consider the concept of a wage curve describing a negative relationship between unemployment and wages. We suggest an explanation of the wage curve using a number of theoretical labor market models, and present an empirical result of its determination for Russia obtained from analysis of...

In this paper, we perform an extensive Monte Carlo study of the finite sample properties of different estimators for panel data sample selection models. The estimators investigated are various two-step estimators and maximum likelihood estimators with simultaneous equations for the samle...

This paper investigates the influence of institutional quality on crypto adoption in the country with regard to the level of financial literacy of country's population. The results show that in countries with lower financial literacy, institutions have a greater influence on cryptocurrency...

This paper examines the major economic and institutional factors underlying the surge in foreign direct investment (FDI) flows to Mexico during the 1990s. It presents evidence that indicates that market-friendly economic reforms and major changes in the institutional-legal status of foreign...