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Regular version of the site
Contacts

109028, Moscow
11 Pokrovsky Boulevard,
Room Т-614
Phone: (495) 628-83-68

email: fes@hse.ru 

Administration
First Deputy Dean Sergey Merzlyakov
Deputy Dean for Academic Work Elena Pokatovich
Deputy Dean for Research Dmitry A. Veselov
Deputy Dean for International Affairs Liudmila S. Zasimova
Deputy Dean for Undergraduate Studies Elena Burmistrova
Book
Systemic Financial Risk
In press

Springer Publishing Company, 2024.

Book chapter
The Living Standards in the USSR During the Interwar Period
In press

Voskoboynikov I.

In bk.: Oxford Research Encyclopedia of Economics and Finance. Oxford University Press, 2024.

Working paper
Strategizing with AI: Insights from a Beauty Contest Experiment

Dagaev D., Paklina S., Parshakov P.

Social Science Research Network. Social Science Research Network. SSRN, 2024

IMF World Economic Outlook presentation

Event ended

IMF World Economic Outlook presentation will be held at Shabolovka on October 23rd at 6 p.m.

Keynote speakers:
Francesca Caselli -
Economist in the World Economic Studies Division of the IMF Research Department

Gabriel Di Bella-IMF Resident Representative for Russian Federation

World Economic Outlook: Challenges to Steady Growth

Global growth for 2018–19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanced. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded. The downward revision reflects surprises that suppressed activity in early 2018 in some major advanced economies, the negative effects of the trade measures implemented or approved between April and mid-September, as well as a weaker outlook for some key emerging market and developing economies arising from country-specific factors, tighter financial conditions, geopolitical tensions, and higher oil import bills.

 

The analytical chapters discuss whether these recent gains in inflation performance are sustainable as global financial conditions normalize. Despite the overall stability, sizable heterogeneity in inflation performance and in variability of longer-term inflation expectations remains among emerging markets. Changes in longer-term inflation expectations are the main determinant of inflation, while external conditions play a more limited role, suggesting that domestic, not global, factors are the main contributor to the recent gains in inflation performance. Further improvements in the extent of anchoring of inflation expectations can significantly improve economic resilience to adverse external shocks in emerging markets. Anchoring reduces inflation persistence and limits the pass-through of currency depreciations to domestic prices, allowing monetary policy to focus more on smoothing fluctuations in output.

 

Time: 18:00

Venue: Shabolovka campus, room 1302

For more information, please, contact eiskhakova@hse.ru