In 2012, the scientific world has lost N.N. Krasovskii, an extraordinary mathematician and mechanician whose works have prominently influenced a number of mathematic fields: differential equations, optimal control, and dynamic games theory. His research had profound effects on the development of...

We perform an empirical test for presence of a connection between UIP deviations and trade openness, motivated by a theoretical model of Mukhin and Itskhoki [1]. The analysis needs to account for the fact that the relationship may be highly nonlinear and sensitive to the presence of omitted...

Russian Abstract: В работе мы анализируется литература, исследующая влияние волатильности обменных курсов на объем торговли, и показано, что ранние оценки,...