News

Chris Miller analyzed inflation and the distribution of income in early 1990s Russia and explained the failure to stabilize prices, making use of newly collected sources from the State Archive of the Russian Federation as well as Yegor Gaidar’s personal archive

Andy Eggers introduced a new approach to measuring and comparing strategic voting across voters that can be broadly applied given appropriate survey data. In recent British elections, he found no difference in strategic voting by education level, but he did find that older voters are more strategic than younger voters, richer voters are more strategic than poorer voters, and left-leaning voters are more strategic than right-leaning voters. 

On Wednesday, May 16 the all-Russian seminar "Mathematical methods of decision analysis in economics, finance and politics" was held. D. Frolov gave a lecture on "Annotation of a Document Collection by Finding Thematic Fuzzy Clusters and Parsimoniously Lifting Them in a Domain Taxonomy".

Topic: " Shocking Racial Attitudes: Black GIs in Europe "

Abstract: Can attitudes towards minorities, an important cultural trait, be changed? We show that the presence of African American soldiers in the UK during World War II reduced anti-minority prejudice, a result of the positive interactions which took place between soldiers and the local population. The change has been persistent: in locations in which more African American soldiers were posted there are fewer members of the UK’s leading far-right party, less implicit bias against blacks and fewer individuals professing racial prejudice, all measured around 2010. We show that persistence has been higher in rural areas and areas with less subsequent in-migration.

the Department of Theoretical Economics invites you to participate in «Dynamics, Economic Growth and International Trade» (DEGIT-XXIII) economic conference on 6-7 September 2018.

On Wednesday, March 21 the all-Russian seminar "Mathematical methods of decision analysis in economics, finance and politics" was held. N. Leonova gave a lecture on "A Review of Capital Flight Problem".

Topic: " Autocratic Rule and Social Capital: Evidence from Imperial China "

Abstract: This paper explores the impact of autocratic rule on social capital---defined as the beliefs, attitudes, norms and perceptions that support cooperation. Political repression is a distinguishing characteristic of autocratic regimes. Between 1660--1788, individuals in imperial China were persecuted if they were suspected of holding subversive attitudes towards the state. A difference-in-differences approach suggests that in an average prefecture, exposure to those literary inquisitions led to a decline of 38% in local charities---a key proxy of social capital.  Consistent with the historical panel results, we find that in affected prefectures, individuals have lower levels of generalized trust in modern China. Taking advantage of institutional variation in 20th c. China, and two instrumental variables, we provide further evidence that political repression permanently reduced social capital. Furthermore, we find that individuals in prefectures with a legacy of literary inquisitions are more politically apathetic. These results indicate a potential vicious cycle in which autocratic rule becomes self-reinforcing through causing a permanent decline in social capital.

Topic: "Democratic Support for the Bolshevik Revolution: An Empirical Investigation of 1917 Constituent Assembly Elections"

Scholars have long-debated the causes of popular support for the Russian Revolution and how this support translated into successful regime change. We systematically investigate cross-district and cross-city variation in popular support for the Bolsheviks using voting outcomes of the All Russian 1917 Constituent Assembly elections, occurring right after the Bolsheviks seized power. We find that the Bolsheviks managed to mobilize more popular support in districts with more of a presence of industrial workers, Russian-speaking peasants and soldiers. However, we show that politics rather than fundamentals explain the variation in pro-Bolshevik voting and the policies that supported this coalition was hardly stable, forewarning the command economy to come.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3059131 

Topic: "Political Economy of Sanctions - Evidence from Russia"

Sanctions are a foreign policy instrument applied in order to change certain actions and decisions of the target country. They result in economic and political consequences. Nevertheless, the effectiveness of sanctions is still debatable. Thus, the aim of my research is to reveal the impact of sanctions, if there is one, within three chosen aspects: stock prices, regional economies and intergovernmental transfers. In this paper I intend to check whether the companies with state participation in the ownership are more responsive to the situation of high sanctions’ risk. The research is conducted utilizing the identification strategy based on the conflict fatalities that increase risk of sanctions and event study analysis applied to stock market returns for firms differently affected that have been successfully applied in the conflict literature, yet have not been employed in relation to sanctions’ studies.

On Wednesday, February 21 the all-Russian seminar "Mathematical methods of decision analysis in economics, finance and politics" was held. Professor A. Lepskiy gave a lecture on «Conflict of evidence evaluation within the framework of the theory of the belief functions»