December 15, 2014

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Green Transition: Adapting Markets and Policies

Authors: Erika Gyllström and Chloé Le Coq, SITE This policy brief summarizes the discussion at the 8th annual SITE Energy Day conference, devoted to market adaptations and policies necessary to address the green transition. Recent energy trends with ever more green energy-mixes will have consequences for the functioning of related markets as well as implications […]

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December 8, 2014

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Growing Inequalities in Workplace Amenities

Authors: Olena Nizalova, University of Kent, IZA, Kyiv School of Economics and Nataliia Shapoval, Kyiv School of Economics. Inequality is considered to be a serious detrimental factor for societies’ development. It has been shown to undermine the health of the population, cause civil unrest, and slow down countries’ economic growth. Nizalova’s (2014) paper shows that […]

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November 24, 2014

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Does Immigration Help Diffuse Knowledge? Evidence from Russian Scientists

Author: Ina Ganguli, SITE. Immigration is a hotly contested policy issue in many countries. Often, the debate centers on whether immigration is ‘good’ or ‘bad’ for the receiving country. A growing literature in economics focuses on understanding whether immigrants can be beneficial for a receiving economy by helping spread knowledge and increasing innovative activities. In […]

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November 17, 2014

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Stimulating Growth in Belarus: Selecting the Right Priorities

Author: Dzmitry Kruk, BEROC. Belarus is suffering from a substantial decline in economic growth potential. Both the government and academic researchers are discussing a number of options for stimulating the growth rate and enhancing its stability. The government tends to focus on equipment investments as the priority for growth stimulation. However, academic researchers have revealed […]

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November 10, 2014

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Culture, Cold War, and Trade

Author: Gunes Gokmen, NES. This study evaluates how the impact of cultural differences on trade evolves over time, especially after the Cold War. We show that the negative influence of cultural differences on trade has increased over time. More specifically, it is more prominent in the post-Cold War era than during the Cold War. For […]

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November 3, 2014

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Equity and Efficiency in the Latvian Tax-Benefit System

Authors: Anna Zasova and Anna Zdanovica (BICEPS). There is a trade-off between two major objectives of a tax-benefit system: equity and efficiency. The tax-benefit systems that redistribute a lot of income tend to generate disincentives to work. The tax-benefit systems that create good incentives to work and earn, are less effective in mitigating poverty, social […]

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October 27, 2014

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Effects of International Taxation on Firm Valuation: Evidence from Japan’s 2009 Tax Reform

Authors: Sebastien Bradley and Estelle Dauchy, Drexel University and New Economic School. This brief highlights the results of a study of Japan’s 2009 adoption of a territorial tax regime exempting corporations’ foreign earnings from domestic taxation. We examine stock market reactions to events leading to the adoption of a dividend exemption system. We use an […]

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October 20, 2014

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Meeting Qualification Mismatch with Vocational Training

Author: Florian Biermann, ISET. While in an ideal world the qualification preferences of job seekers and employers would coincide, in reality this is often not the case. Besides informational asymmetries (job seekers not knowing which qualifications are demanded by employers) the reason is that employers may be in need of qualifications that are not considered […]

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October 13, 2014

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How Transport Links Help Market Integration: the Case of Moscow Office Rental Market

Authors: Anna Ignatenko (University of California, Davis), and Tatiana Mikhailova (RANEPA) This brief is based on a research project on Moscow office real estate (Ignatenko & Mikhailova, 2014). We study the market for office space rentals in Moscow. Our main interest regards spatial competition: when an object is rented, does the rental rate respond to […]

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October 8, 2014

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Decentralization Reform in Ukraine

Author: Ilona Sologoub, KSE. The current Ukrainian political system, which is a highly centralized “winner-take-all” system, is one of the main causes of the recent mass street protests. A decentralization reform is needed to make the system more stable by providing people with more impact on policy making, and increasing accountability of the government. A […]

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