The increase in wage inequality in Russia during its transition process has far exceeded the increase in wage … dispersion observed in other European countries undergoing transition. Russia also has an extremely large incidence of wage … arrears. We analyse to what extent wage arrears affect the wage distribution and measures of wage inequality in Russia. We …

This paper examines the relationship between stock returns and the sources of corporate debt during the financial … bank debt or bonds affected stock returns during the credit crunch. Our results indicate that the firms which rely entirely … on bank debt significantly outperformed the firms with public debt amidst the crisis. This finding suggests that bank …

We investigate the link between perceptions and behavior using the wage arrears phenomenon in Russia as our case study …

Our paper investigates the effects of corporate governance features on the cost of publicly traded debt in the Russian … a sole executive body, bond spreads are higher. We find an inverse relation between the ex-post cost of public debt and …