Article proposes comparative studies of credit ratings of the leading Russian and international rating agencies. We analyze approaches and the possibility of comparison of agencies’ rating scales. Purpose of this analysis is to propose method and describe the criteria for comparison of rating...

Paper is devoted to various ways of variance reduction for estimation of the price of a weather option on an example based on the model of daily average temperature

In the end of 2012 the Russian economy entered a period of permanently declining growth rates. The paper provides a thorough analysis of the labor market performance under these new conditions. We explain why despite the economic stagnation its basic characteristics - labor force participation,...

This paper considers the school-to-work transition and discusses its distinctive features in the Russian economy. Using RLMS data covering 1995-2003 years we estimate which factors and to what extent affect the transition. We also examine effects of regional unemploymentand wages, sharing work...

Russian abstract: Молодежь сравнительно благополучно пережила кризис 2020 г. Высокий уровень безработицы 15–24-летних в России (15,5% в 2019 г. по сравнению с 4,6% безработицы в...

Russian Abstract: Экономические санкции и приостановка деятельности компаний пока не вызвали значительного роста безработицы, так как большинство компаний сохраняют...

This paper develops a search and matching model of equilibrium unemployment, with on-the-job search, extended to both the informal sector and entrepreneurship. Three are the key features of this model: the entrepreneurial ability affects job productivity, all unemployed start their job search in...