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HSE released its fifth Russian Regional Innovation Ranking, based on the 2015 findings, at a press conference hosted by TASS. Almost half Russia’s regions are relatively stable in terms of innovative development: their positions in the ranking have not changed significantly.
This week, the HSE Department of Theoretical Economics (Faculty of Economic Sciences) hosted Professor Johan Eyckmans of the Faculty of Economics and Business at KU Leuven (Belgium) for a series of lectures focusing on environmental economics. An expert in a number of areas concerning the economics of climate change, alternative energy and other related subjects, Professor Eyckmans spoke with the HSE news service while he was in Moscow about his research interests and his vision for the future.
The belief that the non-profit sector is mainly supported by private donations is nothing but a myth. According to Natalia Ivanova's study Foreign Experience of Government's Impact on Philanthropy and Its Applicability in Russia, government support accounts for a substantial part of charity budgets.
More than half (51%) of Russians did not make savings before the current economic crisis and are not making any today. As of the end of 2016, 70% of Russians did not have any outstanding loans or debts. Researchers of the HSE Institute for Social Policy (ISP) examined Russians' borrowing and saving behaviour in the ‘Monitoring of Russian Population in 2016: Revenues, Expenditures and Social Well-being’.
The internet has changed how people approach job hunting and recruitment. Employment websites and social networks are now competing with personal connections as the key channel for offering and finding jobs and have replaced most other channels, according to Sergey Roshchin, Sergei Solntsev and student at the HSE ICEF Dmitry Vasilyev's paper 'The Evolution of Job Hunting and Recruitment in the Internet Age'.
The human factor, a reluctance to scare investors and the absence of tangible rewards for predicting recessions are some of the reasons why professional forecasters sometimes fail to signal economic downturns. In their study, Sergey Smirnov and Daria Avdeeva found evidence indicating that professional forecasters tend to hold on to optimistic scenarios for too long.
In 2015, Russians’ trust in banks dropped sharply as the country’s economy faced a crisis, yet at the same time, the amount of individual bank deposits paradoxically increased, according to findings from a survey conducted by LSES as part of the "Monitoring Financial Behaviour and Consumer Confidence in Financial Institutions" project (2009-2015).
An expert in the economics of transition, corporate finance, organizational economics as well as law and economics, Dr. Ichiro Iwasaki, Professor of Economics at the Institute of Economic Research (Hitotsubashi University, Japan), will present a lecture entitled ‘What we learnt from the Russian experience during the global financial crisis: A corporate governance perspective’ at the upcoming XVII April International Academic Conference on Economic and Social Development. He recently agreed to speak with the HSE news service about his research, his long interest in Russian economics, and his view on how to achieve successful international academic collaboration.
On January 15, Professor Larry Kotlikoff gave a talk on measuring inequality in lifetime spending power within different age cohorts in the USA, net tax rates facing Americans, and current wealth indicators.
Mortgage borrowers who have unconfirmed income turn out to be unable to repay the loan less often than public officials, whose income consists of their official salary only. The probability of loan default is also considerably influenced by the cost of the loan. These were the findings of a study conducted by Alexander Karminsky, HSE Professor, and Agata Lozinskaya, Junior Research Fellow at the HSE campus in Perm.