Maria Semenova
- Laboratory Head, Senior Research Fellow:Center for Institutional Studies / International Laboratory for Institutional Analysis of Economic Reforms
- Director, Deputy Director:Center for Institutional Studies
- Associate Professor:Faculty of Economic Sciences / School of Finance
- Maria Semenova has been at HSE University since 2006.
Education and Degrees
- 2010
Candidate of Sciences* (PhD) in Economic Theory
HSE University - 2007
Master's
HSE University - 2005
Bachelor's
HSE University
According to the International Standard Classification of Education (ISCED) 2011, Candidate of Sciences belongs to ISCED level 8 - "doctoral or equivalent", together with PhD, DPhil, D.Lit, D.Sc, LL.D, Doctorate or similar. Candidate of Sciences allows its holders to reach the level of the Associate Professor.

Young Faculty Support Program (Group of Young Academic Professionals)
Category "New Researchers" (2010-2011)
20233
- Preprint Popova P., Semenova M., Sokolov V. Covid-19 And Retail Depositor Strategies In Russian Regions: Whether To Withdraw And Why / HSE University. Series WP BRP "Series FE "Financial Economics"". 2023. No. WP BRP 92/FE/2023.
- Article Semenova M. Do Smart Depositors Avoid Inefficient Bank Runs? An Experimental Study // Emerging Markets Finance and Trade. 2023. Vol. 59. No. 8. P. 2710-2726. doi
- Article Semenova M., Popova P. Time to Extend Credit? Bank Credit Lines During the COVID-19 Pandemic in Russia // Russian Journal of Money and Finance. 2023. Vol. 82. No. 2. P. 106-119.
20223
- Preprint Kolade S. A., Semenova M. Do Non-Interest Income Activities Matter For Banking Sector Efficiency? A Net Interest Margin Perspective / NRU Higher School of Economics. Series FE "Financial Economics". 2022. No. WP BRP 87/FE/2022.
- Preprint Zimin E., Semenova M. Profitability and Bank De-branching in the Digital Age: Evidence from Russian Regions / HSE University. Series WP BRP "Financial economics". 2022. No. WP BRP 90/FE/2022.
- Article Iakimenko I., Semenova M., Zimin E. The more the better? Information sharing and credit risk // Journal of International Financial Markets, Institutions and Money. 2022. Vol. 80. Article 101651. doi
20212
- Preprint Semenova M., Benov A. Bank Runs And Media Freedom: What You Don’t Know Won’t Hurt You? / NRU Higher School of Economics. Series FE "Financial Economics". 2021. No. 81/FE/2021.
- Preprint Iakimenko I., Semenova M., Zimin E. The More The Better? Information Sharing And Credit Risk / HSE University. Series WP BRP "HSE University Series: Financial Economics ". 2021. No. WP BRP 85/FE/2021.
20201
20193
- Article Semenova M., Shapkin A. Currency Shifts as a Market Discipline Device: The Case of the Russian Market for Personal Deposits // Emerging Markets Finance and Trade. 2019. Vol. 55. No. 10. P. 2149-2163. doi
- Article Schoors K., Semenova M., Zubanov A. Depositor discipline during crisis: Flight to familiarity or trust in local authorities? // Journal of Financial Stability. 2019. Vol. 43. P. 25-39. doi
- Article Schoors K., Semenova M., Zubanov A. Depositor discipline during crisis: Flight to familiarity or trust in local authorities? // Journal of Financial Stability. 2019. Vol. 43. P. 25-39. doi
20183
- Preprint Semenova M. A Bank Run in a Classroom: Do Smart Depositors Withdraw on Time? / National Research University Higher School of Economics. Series WP BRP "Financial Economics". 2018. No. 64/FE/2018.
- Preprint Semenova M., Bondarenko M. Do High Deposit Interest Rates Signal Bank Default? Evidence from the Russian Retail Deposit Market / National Research University Higher School of Economics. Series WP BRP FE "Financial Economics". 2018. No. 65FE2018.
- Preprint Guillemin F., Semenova M. Transparency and Market Discipline: Evidence from the Russian Interbank Market / NRU Higher School of Economics. Series FE "Financial Economics". 2018. No. WP BRP 67/FE/2018.
20174
- Preprint Schoors K., Semenova M., Зубанов А. Depositor Discipline in Russian Regions: Flight to Familiarity or Trust in Local Authorities? / Bank of Finland Institute for Economies in Transition. Series DP "BOFIT Discussion Papers". 2017. No. 1/2017.
- Article Semenova M., Andrievskaya I. K. Does biological endowment matter for demand for financial services? Evidence from 2D:4D ratio in the Russian household survey // Personality and Individual Differences. 2017. Vol. 104. P. 155-165. doi
- Article Семенова М. В., Козлова А. А. Влияет ли название на рыночную дисциплину: пример иностранных банков в России // Экономический журнал Высшей школы экономики. 2017. Т. 21. № 1. С. 66-88.
- Article Семенова М. В., Кауль А. Д. Меньше знаешь – крепче спишь: банковские паники и независимость СМИ в российских регионах в период кризиса 2008-2009 // Корпоративные финансы. 2017. Т. 11. № 2. С. 15-31.
20165
- Preprint Semenova M., Shapkin A. Currency Shifts as a Market Discipline Device: The Case of the Russian Market for Personal Deposits / NRU Higher School of Economics. Series FE "Financial Economics". 2016. No. 57/FE/2016.
- Preprint Semenova M., Andrievskaya I. DOES BIOLOGICAL ENDOWMENT MATTER FOR DEMAND FOR FINANCIAL SERVICES? EVIDENCE FROM RUSSIAN HOUSEHOLD SURVEY / NRU Higher School of Economics. Series FE "Financial Economics". 2016. No. WP BRP 52/FE/2016.
- Preprint Schoors K., Semenova M., Zubanov A. Depositor Discipline in Russian Regions: Flight to Familiarity or Trust in Local Authorities? / National Research University Higher School of Economics. Series WP BRP "Financial Economics". 2016. No. 58/FE/2016.
- Article Semenova M., Andrievskaya I. Does banking system transparency enhance bank competition? Cross-country evidence // Journal of Financial Stability. 2016. Vol. 23. P. 33-50. doi
- Article Semenova M., Kulikova V. Informal Loans in Russia: Why Not to Borrow from a Bank? // Review of Pacific Basin Financial Markets and Policies. 2016. Vol. 19. No. 3. P. 1650016-1-1650016-41. doi
20152
- Article Semenova M., Andrievskaya I. K. Market Discipline in the Interbank Market: Evidence from Russia // Eastern European Economics. 2015. Vol. 53. No. 2. P. 69-98. doi
- Article Semenova M., Savchenko P. V. Sitting on the fence: does having a ‘dual-director’ add to bank profitability? // Applied Economics Letters. 2015. Vol. 22. No. 8. P. 654-657. doi
20144
- Article Krasilnikov A., Semenova M. Do Social Networks Help to Improve Student Academic Performance? The Case of Vk.com and Russian Students // Economics Bulletin. 2014. Vol. 34. No. 2. P. 718-733.
- Preprint Andrievskaya I. K., Semenova M. Does Banking System Transparency Enhance Bank Competition? Cross-Country Evidence / NRU Higher School of Economics. Series FE "Financial Economics". 2014. No. 35.
- Chapter Andrievskaya I. K., Semenova M. Efficiency of Market Discipline in the Interbank Market: The Case of Russia, in: XIV Апрельская международная научная конференция по проблемам развития экономики и общества: в 4-х книгах. Книга 1 / Отв. ред.: Е. Г. Ясин. М. : Издательский дом НИУ ВШЭ, 2014. P. 477-486.
- Article Андриевская И. К., Семенова М. В. Прозрачность банковской системы и конкуренция: межстрановой анализ // Вопросы экономики. 2014. № 9. С. 82-95.
20134
- Preprint Semenova M., Rodina V. I. Informal loans in Russia: credit rationing or borrower’s choice? / NRU Higher School of Economics. Series FE "Financial Economics". 2013. No. 14.
- Preprint Irina Andrievskaya, Semenova M. Market Discipline and the Russian Interbank Market / Bank of Finland Institute for Economies in Transition. Series DP "BOFIT Discussion Papers". 2013. No. 29/2013.
- Preprint Savchenko P. V., Semenova M. Sitting on the fence: does having a ‘dual-director’ add to bank profitability? / NRU Higher School of Economics. Series FE "Financial Economics". 2013. No. 16.
- Article Савченко П. В., Семенова М. В. Управлять и контролировать: приносит ли разделение власти в банке дополнительную прибыль? // Журнал Новой экономической ассоциации. 2013. Т. 4. № 20. С. 12-32.
20127
- Preprint Semenova M., Andrievskaya I. K. Are banks peer disciplined? Evidence from post-crisis Russia / NRU Higher School of Economics. Series FE "Financial Economics". 2012. No. 07.
- Article Pyle W., Schoors K., Semenova M., Yudaeva K. Bank Depositor Behavior in Russia in the Aftermath of Financial Crisis // Eurasian Geography and Economics. 2012. Vol. 53. No. 2. P. 267-284. doi
- Preprint Pyle W., Schoors K., Semenova M., Yudaeva K. Depositor vigilance in the immediate aftermath of Russia's 1998 crisis: education, media freedom and Sberbank as a repository of trust / Universiteit Gent. Series Jaar "Working Paper". 2012. No. 780.
- Article Semenova M. Market discipline and banking system transparency: Do we need more information? // Journal of Banking Regulation. 2012. Vol. 13. No. 3. P. 241-248.
- Article Никитин А. А., Пеникас Г. И., Семенова М. В. Анализ предложений по корректировке капитала на изменение собственного кредитного риска // Банковское дело. 2012. № 4. С. 58-62.
- Article Семенова М. В., Родина В. И. Кредиты вне банковского сектора: рационирование или выбор заемщика? // Банковский ритейл. 2012. Т. 4. № 28. С. 39-54.
- Article Семенова М. В., Андриевская И. К. Рынок межбанковских кредитов: есть ли место для рыночной дисциплины? // Банковское кредитование. 2012. № 4. С. 17-30.
20114
- Preprint Semenova M. Save or borrow – what determines Russian households’ financial strategies? / Bank of Finland Institute for Economies in Transition. Series DP "BOFIT Discussion Papers". 2011. No. 28.
- Chapter Семенова М. В. Взаимодействие банков и вкладчиков в условиях принятия вкладчиками решений о приобретении информации об изменении рисковости банковских операций // В кн.: XI международная научная конференция по проблемам развития экономики и общества: В 3 кн. Кн. 1. / Отв. ред.: Е. Г. Ясин. Кн. 1. М. : Издательский дом НИУ ВШЭ, 2011. С. 606-617.
- Article Семенова М. В. Набеги вкладчиков и издержки получения информационных сигналов // Журнал Новой экономической ассоциации. 2011. № 10. С. 31-52.
- Article Семенова М. В. Финансовые стратегии россиян: занять или сберечь? // Банковский ритейл. 2011. № 2. С. 31-45.
20104
- Preprint Семенова М. В. Набеги вкладчиков и издержки получения информации / Высшая школа экономики. Серия WP10 "Научные доклады Института институциональных исследований". 2010. № 07.
- Article Семенова М. В. Прозрачность банковской системы и рыночная дисциплина: поиск зависимости // Деньги и кредит. 2010. № 10. С. 69-75.
- Article Семенова М. В., Юдкевич М. М., Маслов Д. Семинар по институциональной экономике Института Рональда Коуза // Российский журнал менеджмента. 2010. Т. 8. № 2. С. 151-154.
- Article Семенова М. В. Стратегии вкладчиков в период финансовой нестабильности // Банковский ритейл. 2010. № 1. С. 14-33.
20091
20086
- Article Semenova M. Information Sharing in Credit Markets: Incentives for Incorrect Information Reporting // The Journal of Comparative Economic Studies. 2008. Vol. 50. No. 3. P. 381-415.
- Article Берман Дж., Клетцер Л., МакФирсон М., Шапиро М.О., "Выбор вуза, карьера, формирование заработной платы: микроэкономический подход" / Перев.: М. В. Семенова // Вопросы образования. 2008. № 2. С. 108-121.
- Article Семенова М. В. Мерчандайзинг вузовских изданий // Книжная индустрия. 2008. № 7 (60). С. 54-55.
- Preprint Semenova M. Рыночная дисциплина, финансовая информация и система страхования вкладов: пример российского рынка банковских вкладов физических лиц / NRU Higher School of Economics. Series WP10 "Научные доклады Института институциональных исследований". 2008. No. 01.
- Article Семенова М. В. Система страхования вкладов и стратегии вкладчиков российских банков // Деньги и кредит. 2008. № 10
- Article Андрущак Г. В., Семенова М. В., Юдкевич М. М. Финансовая грамотность населения // Банковский ритейл. 2008. № 1. С. 50-64.
20074
- Preprint Semenova M. Информационное посредничество на рынке банковских кредитов: cтимулы к обмену недостоверной информацией / NRU Higher School of Economics. Series WP10 "Научные доклады Института институциональных исследований". 2007. No. 03.
- Book Экономика университета: институты и организации / Науч. ред.: М. В. Семенова. М. : Издательский дом ГУ-ВШЭ, 2007.
20052
- Article Дентон Маркс. Академические стандарты как общественные блага. Возможности для оппортунистического поведения / Перев.: М. В. Семенова // Вопросы образования. 2005. № 4. С. 127-151.
- Preprint Семенова М. В. Информационный обмен на рынке банковского кредитования: правда - хорошо, а счастье - лучше / Высшая школа экономики. Серия WP10 "Научные доклады Института институциональных исследований". 2005. № 01.
Conferences
- 202312th International Conference of the Financial Engineering and Banking Society (FEBS) (Ханья). Presentation: Profitability and Bank De-branching in the Digital Age: Evidence from Russian Regions
- International Risk Management Conference (IRMC) 2023 (Флоренция). Presentation: COVID-19 and Retail Depositor Strategies in Russian Regions: Whether to Withdraw and Why
- 2022IX International Conference. Modern Econometrics Tools and Applications — META2022 (Нижний Новгород). Presentation: Time to Extend Credit? Bank Credit Lines During the COVID-19 Pandemic in Russia
- First Annual Meeting of the International Society for the Advancement of Financial Economics (Хошимин). Presentation: Time to Extend Credit? Bank Credit Lines During the COVID-19 Pandemic in Russia
- Городской экономический семинар ЕУСПб (онлайн). Presentation: The more the better? Information sharing and credit risk
- 20216th Cross Country Perspectives in Finance Conference (CCPF 2021). Presentation: The More We Know the Better? Information Sharing and Credit Risk
- VIII Международную конференцию «Modern Econometric Tools and Applications – META2021» (Нижний Новгород). Presentation: The More We Know the Better? Information Sharing and Credit Risk
- iCare 9 – International Conference on Applied Research in Economics 2021 (Пермь). Presentation: The More the Better? Information Sharing and Credit Risk
- 2020International Risk Management Conference (IRMC) 2020 (Онлайн). Presentation: The More the Better? Information Sharing and Credit Risk
- Eurasian Business and Economics Society Conference (EBES 2020) (Мадрид). Presentation: Bank runs and Media Freedom: What You Don’t Know Won’t Hurt You?
- 2019XX Апрельская международная научная конференция по проблемам развития экономики и общества (Москва). Presentation: Do High Deposit Interest Rates Signal Bank Default? Evidence from the Russian Retail Deposit Market
- 2018XIX Апрельская международная научная конференция по проблемам развития экономики и общества (Москва). Presentation: Bank run in a classroom: do smart depositors withdraw on time?
• National Research University- Higher School of Economics, Analytics for Management and Economics Conference (AMEC-2018), Saint Petersburg, Russia (Saint Petersburg). Presentation: A Bank Run in a Classroom: Do Smart Depositors Withdraw on Time?
• National Research University- Higher School of Economics, Analytics for Management and Economics Conference (AMEC-2018), Saint Petersburg, Russia (Saint Petersburg). Presentation: Do High Deposit Interest Rates Signal Bank Default? Evidence from Russian Retail Deposit Market
- 20177th International Conference of the Financial Engineering and Banking Society (Глазго). Presentation: Currency Shifts as a Market Discipline Device: The Case of the Russian Market for Personal Deposits
- Second World Congress of Comparative Economics «1917 –2017: Revolution and Evolution in Economic Development» (St. Petersburg). Presentation: Currency Shifts as a Market Discipline Device: The Case of the Russian Market for Personal Deposits
- IFABS 2017 Oxford Conference (Оксфорд). Presentation: Currency Shifts as a Market Discipline Device: The Case of the Russian Market for Personal Deposits
- 7th CInSt Banking Workshop "Banking in Emerging Markets: Challenges and Opportunities" (Москва). Presentation: Currency Shifts as a Market Discipline Device: The Case of the Russian Market for Personal Deposits
- 2016XVII Апрельская международная научная конференция по проблемам развития экономики и общества (Москва). Presentation: What Undermines Market Discipline in Russian Regions: Regionalism or Trust to Local Authorities?
- XVII Апрельская международная научная конференция по проблемам развития экономики и общества (Москва). Presentation: Does Biological Endowment Matter for Demand for Financial Services? Evidence from Russia
- IFABS Conference 2016 (Барселона). Presentation: What Undermines Market Discipline in Russian Regions: Regionalism or Trust to Local Authorities?
20th Annual Conference of the Society for Institutional & Organizational Economics (SIOE 2016) (Paris). Presentation: What Undermines Market Discipline in Russian Regions: Regionalism or Trust to Local Authorities?
20th Annual Conference of the Society for Institutional & Organizational Economics (SIOE 2016) (Paris). Presentation: Does biological endowment matter for demand for financial services? Evidence from 2D:4D ratio in the Russian household survey
- 33rd CIRET Conference "Economic Tendency Surveys and Economic Policy" (Копенгаген). Presentation: Does biological endowment matter for demand for financial services? Evidence from 2D:4D ratio in the Russian household survey
- 201532th GdRE Annual International Symposium on Money, Banking and Finance (Ницца). Presentation: Does Banking System Transparency Enhance Bank Competition? Cross-country Evidence
- 2nd International Conference "Modern Econometric Tools and Applications" (Нижний Новгород). Presentation: Market Discipline in Russian Regions: In Local Authorities We Trust?
- 5th CInSt Banking Workshop "Banking in Emerging Markets: Challenges and Opportunities" (Москва). Presentation: Market Discipline in Russian Regions: In Local Authorities We Trust?
- Seminar at the Bank of Finland Institute for Economies in Transition (BOFIT) (Хельсинки). Presentation: Market Discipline in Russian Regions: In Local Authorities We Trust?
- 2014
Workshop on banking and finance in emerging markets (Страсбург). Presentation: Informal loans in Russia: credit rationing or borrower’s choice?
- 3rd European Conference on Banking and the Economy (Уинчестер). Presentation: Does Banking System Transparency Stimulate Bank Competition? Cross-Country Evidence.
Earlier
- 49th Eastern Finance Association Conference, St. Pete Beach, FL, США, 10-13 апреля, 2013;
- Второй Российский экономический конгресс, Суздаль, Россия, 18-22 февраля, 2013;
- 31st CIRET Conference "Economic Tendency Surveys and Economic Policy", Vienna, Austria, 4-9 сентября, 2012;
- "Rethinking Banking and Finance: Money, Markets and Models", 4th International Finance and Banking Society Conference (IFABS), International Finance and Banking Society, Valencia, Spain, 18-20 июня, 2012;
- 29th GdRE Annual International Symposium on Money, Banking and Finance, European Research Group GdRE, Nantes, France, 28-29 июня, 2012;
- NES/HSE Conference 2011, New Economic School, Moscow (Russia), November 17-18, 2011;
- Eurasia Business and Economics Society (EBES) 2011 Conference, Eurasia Business and Economics Society, Zagreb (Croatia), October 13-15, 2011;
- CInSt Workshop "Institutions viewed by Economists and Sociologists", Center for Institutional Studies, HSE, Moscow (Russia), July 4, 2011;
- XII April International Academic ConferenceОn Economic and Social Development, HSE, Moscow (Russia), April 5-7, 2011;
- BOFIT Seminar, Bank of Finland, Helsinki, (Finland), December, 29, 2010;
- 42nd Аnnual Сonference of the Money, Macro and Finance Research Group, Cyprus University of Technology, Limassol (Cyprus), September, 1-3, 2010;
- 14th Annual Conference of the International Society of New Institutional Economics (ISNIE), University of Stirling, Stirling (Scotland), June, 17-19, 2010;
- The 2010 Spring Meeting of Young Economists (SMYE), University of Luxemburg, Luxemburg, April, 15-17, 2010;
- XI April International Academic Conference on Economic and Social Development, HSE, Moscow (Russia), April 6-9, 2010;
- BOFIT Seminar, Bank of Finland, Helsinki, (Finland), March, 3, 2010;
- Workshop on Money, Banking and Financial Markets, Düsseldorf (Germany), June, 8-9, 2009;
- The 2009 Spring Meeting of Young Economists (SMYE), Istanbul (Turkey), April, 23-25, 2009;
- Monetary and Financial Transformations in Central and Eastern Europe, Ecole Superieure du Commerce Exterieure, Paris La Defense, November, 20, 2008;
- The 2008 Spring Meeting of Young Economists (SMYE), Lille (France), April, 17-19, 2008;
- IX International Academic Conference "Modernization of Economy and Globalization", SU-HSE, Moscow (Russia), April, 1-3, 2008;
- Student Section of IX International Academic Conference "Modernization of Economy and Globalization", SU-HSE, Moscow (Russia),March, 31, 2008;
- The Ronald Coase Institute’s Workshop, Reykjavik (Iceland), June, 16-21, 2007;
- Conference on Risk, Regulation and Competition: Banking in Transition Economies, Ghent (Belgium), September, 1-2, 2006;
NES/HSE Conference 2011, New Economic School, Moscow (Russia), November 17-18, 2011;
Eurasia Business and Economics Society (EBES) 2011 Conference, Eurasia Business and Economics Society, Zagreb (Croatia), October 13-15, 2011;
CInSt Workshop "Institutions viewed by Economists and Sociologists", Center for Institutional Studies, HSE, Moscow (Russia), July 4, 2011;
XII April International Academic ConferenceОn Economic and Social Development, HSE, Moscow (Russia), April 5-7, 2011;
BOFIT Seminar, Bank of Finland, Helsinki, (Finland), December, 29, 2010;
42nd Аnnual Сonference of the Money, Macro and Finance Research Group, Cyprus University of Technology, Limassol (Cyprus), September, 1-3,2010;
14th Annual Conference of the International Society of New Institutional Economics (ISNIE), University of Stirling, Stirling (Scotland), June, 17-19, 2010;
The 2010 Spring Meeting of Young Economists (SMYE), University of Luxemburg, Luxemburg, April, 15-17, 2010;
XI April International Academic Conference on Economic and Social Development, HSE, Moscow (Russia), April 6-9, 2010;
BOFIT Seminar, Bank of Finland, Helsinki, (Finland), March, 3, 2010;
Workshop on Money, Banking and Financial Markets, Düsseldorf (Germany), June, 8-9, 2009;
The 2009 Spring Meeting of Young Economists (SMYE), Istanbul (Turkey), April, 23-25, 2009;
Monetary and Financial Transformations in Central and Eastern Europe, Ecole Superieure du Commerce Exterieure, Paris La Defense, November, 20, 2008;
The 2008 Spring Meeting of Young Economists (SMYE), Lille (France), April, 17-19, 2008;
IX International Academic Conference "Modernization of Economy and Globalization", SU-HSE, Moscow (Russia), April, 1-3, 2008;
Student Section of IX International Academic Conference "Modernization of Economy and Globalization", SU-HSE, Moscow (Russia),March, 31, 2008;
The Ronald Coase Institute’s Workshop, Reykjavik (Iceland), June, 16-21, 2007;
Conference on Risk, Regulation and Competition: Banking in Transition Economies, Ghent (Belgium), September, 1-2, 2006;
Courses (2022/2023)
- Research Seminar (Bachelor’s programme; International College of Economics and Finance; 4 year, 2-4 module)Eng
- Research Seminar in Financial Economics (Master’s programme; International College of Economics and Finance; 2 year, 1-3 module)Eng
- Research Seminar in Financial Economics (Master’s programme; International College of Economics and Finance; 1 year, 3 module)Eng
- Past Courses
Courses (2019/2020)
- Reseach Seminar 2 (Master’s programme; Faculty of Economic Sciences; 2 year, 1-3 module)Rus
- Research Seminar "Banking" (Bachelor’s programme; Faculty of Economic Sciences; 4 year, 1-3 module)Rus
‘This Conference Aims at Strengthening HSE University’s Reputation as a Global Research Centre in the Field of Finance’
On November 24-25, 2023, the 12th ICEF-CInSt International Finance Conference is being held. The event shall be organised jointly by the International Laboratory of Financial Economics (LFE ICEF) and the Centre for Institutional Studies (CInSt). LFE Head Vladimir Sokolov and CInSt Acting Director Maria Semenova commented on the participants, key topics to be presented, and how the conference creates a platform for cooperation and co-authorship for experts from all over the world.
St.Petersburg Economic seminar (HSE, EU, PDMI) on December, 15: Maria Semenova (HSE University)
Topic: “The more the better? Information sharing and credit risk”
Date & Time: December, 15; 18:00 - 19:00
Where: Webinar online platform
HSE University Hosted ICEF-CInSt 11th International Moscow Finance Conference
14 October 2022, ICEF Laboratory of Financial Economics (LFE) and Centre for Institutional Studies (CInSt) held the 11th International Moscow Finance Conference. The event featured six presentations by researchers based in China, Australia and USA. Acting as discussants were professors of HSE and schools in Romania.
‘We Have Utilised the Strengths of Two Events’
On October 14, HSE University will host the 11th ICEF-CInSt International Moscow Finance Conference. This year’s event is the result of the joint organisational efforts of the International Laboratory of Financial Economics (LFE ICEF) and the Centre for Institutional Studies (CinSt). Vladimir Sokolov and Maria Semenova, members of the conference's organising committee, spoke to the HSE News Service about the programme and participants of the event.
Do Banks Always Need to Know as Much as Possible about Borrowers?
Economists from HSE University have demonstrated that collecting as much information as possible about borrowers does not always decrease banks’ risks. Sometimes, more is not better: on the contrary, increasing the volume of data might increase the risks of loan defaults to a certain extent. The study was published in the WP BRP HSE University, Series: Financial Economics series of working papers.
A new paper by Maria Semenova and François Guillemin published in Annals of Finance
"Transparency and market discipline: evidence from the Russian interbank market", the paper by Maria Semenova, Senior Research Fellow at CInSt, and François Guillemin, former Postdoctoral Fellow at CInSt, was published in the recent issue of Annals of Finance.
Summarizing Section E. Financial Institutions, Markets and Payment Systems
Authors of various research papers presented their topics where discussants provided feedback - 20th April International Academic Conference on Economic and Social Development
How Bank Names Affect Depositor Behaviour
Russians associate banks whose names they perceive as foreign with higher risks.
New article "Does banking system transparency enhance bank competition? Cross-country evidence"
New article "Does banking system transparency enhance bank competition? Cross-country evidence" by Maria Semenova in Journal of Financial Stability.
Iftekhar Hasan: Institutional development ensures banking system stability
The HSE has held the fourth annual workshop ‘Banking in Emerging Markets: Challenges and Opportunities’, organized by National Research University Higher School of Economics (CInSt HSE) with the support of the Bank of Finland Institute for Economies in Transition (BOFIT).