Using a database from post-communist, pre-deposit-insurance Russia, we demonstrate the presence of quantity-based sanctioning of weaker banks by both firms and households, particularly after the financial crisis of 1998. Evidence for the standard form of price discipline, however, is notably...

This study comprises an introductory section and three essays analysing Russia's economic transition from the early 1990s up to the present.The papers present a combination of both theoretical and empirical analysis on some of the key issues Russia has faced during its somewhat troublesome...