Why does greater trust in society increase GDP? How can you measure inequality? Before whom is the government to blame? Who earns more? Learn the answers to these questions in this summary of last year's IQ.HSE articles and research by HSE University scholars.
Tag "economics"
Russians do not believe they can protect their consumer rights. They also put no faith in the government and distrust both retailers and producers. Such sentiments adversely affect attitudes towards the political system, said sociologist Regina Resheteeva in a study of data from the Higher School of Economics’ Russian Longitudinal Monitoring Survey (RLMS-HSE) and a survey of more than 500 Muscovites.
Temporary or informally employed people are less satisfied with their lives than those with a permanent job. The most apparent differences can be seen in countries with strict labour laws. Tatiana Karabchuk and Natalia Soboleva investigated the legislative impact on the social well-being of employed populations in European countries and Russia.
On September 17-18, HSE University hosted a special conference with the International Association for Research in Income and Wealth (IARIW) on the topic of Experiences and Challenges in Measuring Income and Wealth in Eastern Europe and CIS Countries. This was the first IARIW conference to be held in a CIS country. HSE News Service spoke with American economist Barbara Fraumeni about her work with economic accounting and human capital and her experience attending the conference in Moscow.
This year, a slowdown is expected in the Russian economy. According to some forecasts, the country will enter recession in 2021 or possibly even earlier. However, according to the HSE Centre for Business Tendencies Studies (CBTS), there are no noticeable signs of recession at the moment. This article looks at what keeps Russia's economy from picking up pace and why slowdowns are a possibility, according to the HSE CBTS.
It is believed that carbon dioxide emissions into the atmosphere are mainly regulated by ‘direct’ economic instruments - the carbon tax and the Emissions Trading System (ETS). However, a comparative analysis has shown that ‘indirect’ instruments, such as excise taxes on motor fuel and other energy taxes, did not yield any lesser impact than their ‘direct’ counterparts, and, over time, were even more effective.
It is believed that carbon dioxide emissions into the atmosphere are mainly regulated by ‘direct’ economic instruments - the carbon tax and the Emissions Trading System (ETS). However, a comparative analysis has shown that ‘indirect’ instruments, such as excise taxes on motor fuel and other energy taxes, did not yield any lesser impact than their ‘direct’ counterparts, and, over time, were even more effective. This is the conclusion drawn by HSE researcher Ilya Stepanov in his article, ‘Taxes in the Energy Sector and Their Role in Reducing Greenhouse Gas Emissions’.
International trade is an area of conflict and changing standards. Economic leaders give way to new players, and digital technologies rewrite industry rules. The status of world trade and Russia's prospects are covered in a report prepared by experts from the HSE University'sCentre for Structural Policy Research and Institute for Trade Policy.
While income and wealth disparities define Russia as a country of deep inequalities, other indicators such as access to education and life expectancy improve its negative image. Back to the paper by Svetlana Mareeva and Ekaterina Slobodenyuk presented at the HSE's 20th April International Conference, this time focusing on Russia's position in global statistics on (in)equality of opportunity.
Russia is one of the world's top countries in terms of wealth concentration in the hands of the richest few: more than 70% of the country's financial and non-financial assets are owned by 5% of its citizens. At the HSE's 20th April International Conference in Moscow, Svetlana Mareeva and Ekaterina Slobodenyuk presented their findings from a study of inequalities in Russia in the global context.