This paper examines the changes in the inter-industry wage structure experienced by Russia since 1993, as part of its transition from a plan-based economy to a more "market oriented" structure. Using two Russian household panel data sets, the RLMS and the RUSSET, we find that since the...

This paper investigates the implications of U.S. withdrawal on environmental effectiveness, economic efficiency, and the distribution of compliance costs taking into account market power of the Former Soviet Union (FSU) on emission permit markets. While exercise of market power on behalf of FSU...

There are some long-term trends in the global energy market: changing geography of hydrocarbons production, displacement of the centers of oil and gas in remote and offshore areas, steady decline in hydrocarbon production in the continental deposits, maintaining a stable level due to increased...

The article concerns with the subject of studying economic behavior of taxpayers with regard to tax evasion. An overview of theoretic and methodological approaches concerning decision making on the base of rational and behavior principles is given. The methodology of research assumes application...

Regions of the Russian Federation draw up purpose-oriented programs aiming at improving the health and reducing the mortality among the population. The task of decreasing the mortality among the rural population, especially overcoming the phenomenon of "excess mor-tality" among the people of the...

We quantify the probability that a sovereign defaults on repayment obligations in foreign currency. Adopting the structural approach as first introduced by Merton, we consider the sovereigns ability-to-pay, characterised by the sum of discounted future payment surpluses, as the underlying...