Based exclusively on official data, provided by the State Statistical Office of CIS (Goskomstat of the CIS), this paper provides first an analyses of the main economic differences between CIS countries, and then focuses on consolidated budgets in CIS countries in the years 1992 and 1993

Russian Abstract: Зарубежный опыт свидетельствует о том, что, как правило, взносы на обязательное пенсионное страхование уплачиваются как работниками, так и...

Russian Abstract: Объектом исследования в данной работе являются методы учёта и бюджетирования затрат административных процессов в сфере оказания государственных...

We establish the share of exports in production as a sufficient statistic for optimal non-cooperative monetary policy. Under financial autarky, markups positively co-move with the export share. For complete markets, markups should be procyclical if the export share is procyclical. When central...

The result is false positive when it shows something is present when it really is not. In this paper, we develop a test for detecting false positives in dynamic economic models. We then apply this test to the New Keynesian model and the structural vector autoregression model with short-run...

Based exclusively on official data, provided by the State Statistical Office of CIS (Goskomstat of the CIS), this paper provides first an analyses of the main economic differences between CIS countries, and then focuses on consolidated budgets in CIS countries in the years 1992 and 1993.

The article evaluates the development of the transition economies potential in the area of the state administration system. The author points out the primary challenges the countries faced at the initial stage of transition and gives a thorough analysis to the peculiarities of the strategy...

The author suggests several approaches that can be used to achieve the long-term goal of pension policy, which is to preserve the level of pensions without further increasing the tax burden and without impairing the pension system's stability.

In the financial accelerator literature pioneered by Bernanke, Gertler and Gilchrist (1999) entrepreneurs are myopic and lenders suboptimally choose a safe rate of return on their loans. We derive the optimal lending contract for forward looking entrepreneurs and provide three main results....

We study cooperative and non-cooperative fiscal policy in an open economy model where cross-country risk sharing is imperfect and countries face terms of trade externalities. We show that the optimal form of fiscal cooperation, or fiscal union, is defined by one parameter: the Armington...