Using changes in consumption as a proxy for "vulnerability" we identify the characteristics associated with vulnerability around the time of the 1998 Russian financial crisis. In addition, we examine the role of formal and informal safety nets in preserving individual well being. We apply...

Using the RLMS, this paper re-examines the gender wage gap in Russia from 1994 to 1998. We find that the average gender wage gap was fairly stable during 1994-1996 but that it became wider following the financial crisis of 1998. In particular, low-income female employees were hardest hit by the...

This paper attempts to quantify the impact of the HIV/AIDS epidemic on social capital with cross-country data. Using data from the World Values Survey, the authors estimate reduced-form regressions of the main determinants of social capital controlling for HIV prevalence, institutional quality,...

We apply the gravity model to examine the effects of the Andean Community and Mercosur on both intra-regional and intra-industrial trade in the period 1980-1997. After accounting for size and distance effects, the Andean Community preferential trade agreements had a significant effect on both...

This paper attempts to quantify the impact of the HIV|AIDS epidemic on social capital with cross-country data. Using data from the World Values Survey (WVS), the authors estimate reduced-form regressions of the main determinants of social capital controlling for HIV prevalence, institutional...

type="main" <p>The <fr>Railways Act 1993</fr> privatised the British railways industry resulting in the separation of ownership and control of the railway infrastructure (track, signals and stations) from that of passenger train operations. The Great North Eastern Railway (GNER), a major train operator, was...</p>