nep-cis New Economics Papers
on Confederation of Independent States
Issue of 2018‒08‒20
eleven papers chosen by
Alexander Harin
Modern University for the Humanities

  1. Methodological Issues of Assessing Investment Risks in Projects Weakening the Dependence of the Russian Economy on Natural Resources and Providing a Transition to Low-Carbon Development By Golub, Alexander (Голуб, Александр)
  2. The 2008–2017 Decade in the Russian Banking Sector: Trends and Factors By Alexey Simanovskiy; Alexander Morozov; Andrey Sinyakov; Alexey Porshakov; Maria Pomelnikova; Yulia Ushakova; Vladimir Markelov; Mikhail Bezdudniy
  3. 10 Years Game Theory and Management (GTM) By Bulgakova, Maria
  4. Contributions to Game Theory and Management (GTM2016), vol. X By Petrosyan, Leon A. (ed.); Zenkevich, Nikolay A. (ed.)
  5. Life satisfaction and diet in transition: Evidence from the Russian Longitudinal Monitoring Survey By Sonya K Huffman, Iowa State University,; Marian Rizov, University of Lincoln,
  6. Getting Incentives Right: The economic and social determinants of migrants’ well-being during the global financial crisis By Alexander M. Danzer; Barbara Dietz
  7. Republic of Moldova; Third Reviews under the Extended Credit Facility and Extended Fund Facility Arrangements and Request for Modification of Performance Criteria – Press Release; Staff Report; and Statement by the Executive Director for the Republic of Moldova By International Monetary Fund
  8. Business groups in agriculture impact of ownership structures on performance: The case of Russia's agroholdings By Matyukha, Andriy
  9. Mongolia; Fourth Review under the Extended Fund Facility Arrangement and Request for Modification of Performance Criteria – Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Mongolia By International Monetary Fund
  10. Russian demand for dietary quality: Nutrition transition, diet quality measurement, and health investment theory By Burggraf, Christine
  11. Temporal and Spatial Dependence of Inter-Regional Risk Sharing: Evidence from Russia By Jarko Fidrmuc; Moritz Degler

  1. By: Golub, Alexander (Голуб, Александр) (Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The work analyzes the role of rental incomes in the Russian economy demonstrates the cointegration of GDP growth and oil prices in the previous 15 years. On the example of a comparative assessment of low-carbon and carbon-intensive technologies, the methodology for evaluating investment projects based on the application of the real options method is illustrated.
    Date: 2018–07
  2. By: Alexey Simanovskiy (Bank of Russia, Russian Federation); Alexander Morozov (Bank of Russia, Russian Federation); Andrey Sinyakov (Bank of Russia, Russian Federation); Alexey Porshakov (Bank of Russia, Russian Federation); Maria Pomelnikova (Bank of Russia, Russian Federation); Yulia Ushakova (Bank of Russia, Russian Federation); Vladimir Markelov (Bank of Russia, Russian Federation); Mikhail Bezdudniy (Bank of Russia, Russian Federation)
    Abstract: The report examines changes in the Russian banking sector over the period of 2008–2017 and the impact of these changes on the stability of banks and interbank competition. It identifies specific aspects of banks in different clusters and analyses the main business models. The report outlines challenges currently faced by the banking system.
    Keywords: bank assets and liabilities, bank business model, competition, efficiency, concentration, stability, captive credit institutions
    Date: 2018–06
  3. By: Bulgakova, Maria
    Abstract: The International Conference Game Theory and Management (GTM) started in 2007 and after takes place every year in Saint-Petersburg State University (Russia). In this paper we will present the list of plenary speakers of this conference during last 10 years and show some photos of plenary speakers.
    Date: 2017
  4. By: Petrosyan, Leon A. (ed.); Zenkevich, Nikolay A. (ed.)
    Abstract: The collection contains papers accepted for the Tenth International Conference Game Theory and Management (July 7-9, 2016, St. Petersburg State University, St. Petersburg, Russia). The presented papers belong to the field of game theory and its applications to management. The volume may be recommended for researches and post-graduate students of management, economic and applied mathematics departments. Sited and reviewed in: Math-Net.Ru and RSCI. Abstracted and indexed in: Mathematical Reviews, Zentralblatt MATH and VINITI.
    Date: 2017
  5. By: Sonya K Huffman, Iowa State University,; Marian Rizov, University of Lincoln,
    Abstract: This paper develops a theoretical framework and provides empirical evidence on the impacts of diet and lifestyles on life satisfaction in Russia using 1995-2005 data from the Russian Longitudinal Monitoring Survey. Our results suggest that diet measured as calories, fat, protein, and diversity of food consumption has a statistically significant effect on life satisfaction levels of the Russian population. In addition, living in a region with higher per capita income increases population’s life satisfaction. While living in a rural area, having health problems, and having young children affect individual life satisfaction in Russia in a negative and statistically significantly way. Life satisfaction is also positively correlated with education and income, and negatively with unemployment. Better understanding of the drivers of life satisfaction and more generally of subjective wellbeing in Russia can assist in the government decision-making processes, including the allocation of scarce resources and the design of public health policies.
    Keywords: Food Consumption/Nutrition/Food Safety, Health Economics and Policy, Institutional and Behavioral Economics
    Date: 2018–04–09
  6. By: Alexander M. Danzer (KU Eichstätt-Ingolstadt); Barbara Dietz
    Abstract: This paper investigates the economic and social determinants affecting the well-being of temporary migrants before, during and after the financial crisis. Exploiting unique panel data which cover migration spells from Tajikistan between 2001 and 2011, we find that migrants earn less but stay longer in the destination during the crisis; at the same time, they become more exposed to illegal work relations, harassment and deportation through the Russian authorities. Especially illegal employment has negative second order effects on wages. Despite the similarities in the demographics and jobs of migrant workers, we find substantial heterogeneity in how the financial crisis affects their well-being. Migrants who experience wage losses during the crisis rationally stop migrating.
    Keywords: Global financial crisis, migration, migrants’ well-being
    JEL: O15 F22
    Date: 2018–01
  7. By: International Monetary Fund
    Abstract: The economy strengthened in 2017. Higher-than-expected GDP growth was driven by strong domestic demand and a positive external environment. Inflation slowed, driven by regulated and food prices, prudent policies and exchange rate appreciation, to below the target of the National Bank of Moldova (NBM).
    Date: 2018–07–05
  8. By: Matyukha, Andriy
    Keywords: Agribusiness
    Date: 2017
  9. By: International Monetary Fund
    Abstract: A three-year arrangement for Mongolia under the Extended Fund Facility (EFF) was approved on May 24, 2017, in an amount equivalent to SDR 314.5054 million (435 percent of quota, or about $425 million). The arrangement is part of a $5.5 billion multi-donor financing package that supports the authorities’ Economic Recovery Plan. The extended arrangement is subject to quarterly reviews.
    Date: 2018–07–05
  10. By: Burggraf, Christine
    Keywords: Food Consumption/Nutrition/Food Safety, Health Economics and Policy
    Date: 2017–10–11
  11. By: Jarko Fidrmuc (Zeppelin University Friedrichshafen); Moritz Degler
    Abstract: We present an analysis of interregional consumption risk sharing in Russia between 1999 and 2009 using novel estimation methods. In addition to standard fixed effects panel estimations, we use system and difference GMM estimators to reflect time dynamic properties and possible endogeneity between output and consumption. Furthermore, we apply spatial models that control for spatial dependence across regions. The results show that regional consumption deviations from the national average are highly persistent in time and space. Nevertheless, regional consumption risk sharing in Russia is relatively high with 70 to 90 per cent of idiosyncratic risk being smoothed. Finally, fiscal policy and the degree of financial development appear to contribute to the consumption smoothing.
    Keywords: Russia, financial development, risk sharing, spatial models, GMM
    JEL: E32 E21 R12 P25
    Date: 2018–07

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