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We analyze equilibrium paths in two models of overlapping generations with reciprocal altruism. The first one allows us to consider a case of different propensity to of consumer to support her children and parents (non-symmetrical altruism). In this model, an equilibrium is a Nash equilibrium....
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The paper attempts to estimate expropriation risks for shareholders in the Russian economy. On the basis of the survey of nearly 1000 manufacturing firms which was conducted in 2009 a series of special "ownership insecurity indices" is constructed and their variation by types of risks and firms...
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