April 7, 2014

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What Expansion of Mandatory Schooling Can and Cannot Do in Conservative Muslim Societies

Author: Erik Meyersson, SITE. New research shows expanding mandatory schooling in conservative Muslim societies have broad positive effects on female empowerment but is not enough to overcome the significant barriers to female entry in the labor force.

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March 31, 2014

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The Arab spring logic of the Ukrainian revolution

Authors: Dmitry Dagaev, HSE, Natalia Lamberova, University of Maryland, Anton Sobolev, University of California-LA, and Konstantin Sonin, HSE and CEFIR Motivated by the unusual patterns and dynamics of the Arab Spring, we construct a model explaining the vulnerability of the newly established incumbent to popular unrest. Using this model for the case of similar protests […]

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March 24, 2014

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Liquidity and Monetary Policy in Belarus

Author: Kateryna Bornukova, BEROC High inflation and devaluation expectations after the 2011 currency crisis force Belarusian monetary authorities to seek non-conventional policy measures. Instead of using the refinancing rate as an instrument on the money and credit markets, the National Bank of Belarus resorts to liquidity squeezes, which drive up the rouble interbank rates. The […]

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March 17, 2014

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The crisis in Ukraine and the Georgian economy

Authors:  Florian Biermann, ISET and Giorgi Tsutskiridze, ISET We analyze how the crisis in Ukraine will likely impact the Georgian economy and distinguish between short-run and long-run effects. We argue that the short-run effects are transmitted through trade and capital flows and that they are rather negative for Georgia and can hardly be bolstered. In […]

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March 10, 2014

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The relationship between education and labor market opportunities: the case of Ukraine

Author: Hanna Vakhitova, KSE and Tom Coupe, KSE This brief is based on a research project that analyses the extent to which the educational system in Ukraine contributes to better local employment opportunities, hence diminishing the outflows. According to the results, additional year of education increases the chance of finding a job by 2-3%. However, […]

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February 24, 2014

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Reputation for Quality and Entry in Procurement: Is there a Trade-Off?

Author: Giancarlo Spagnolo, SITE. How much weight should be given to past performance indicators when selecting contractors? Does a large weight assigned to suppliers’ previous performance deter entry by new, innovative suppliers that have no track records for the very reason that they are new? If yes, how should we take this into account when […]

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February 16, 2014

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Macroeconomic Performance and Preferences for Democracy

Author: Maryia Akulava, BEROC. This policy brief summarizes the results of our research on factors influencing preferences for democracy in transition countries. The aim of this work was to detect which macroeconomic and individual factors impact the choice of supporting democracy. The results showed that the performance of the country, described by level of GDP, […]

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February 10, 2014

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The Application of Composite Leading Indicators on the Single Economic Space Economies

Author: Yuliya Sivay, CEFIR. This brief is based on a CEFIR research project aimed at the short-term forecasting of socio-economic development of the member-countries of the Single Economic Space (SES), conducted for the Eurasian Economic Commission in 2013. This project focused on compiling composite leading indicators that could allow policymakers to identify phases of a […]

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February 3, 2014

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Green energy: a solution for climate change?

Authors: Chloé Le Coq, SITE, Elena Paltseva, SITE, and Jesper Roine, SITE. This brief discusses the economic and political problems of so called green energy, a topic discussed at the 7th Energy Day recently organized by SITE. Green energy may be the only credible and feasible way to reduce carbon dioxide emission in the near […]

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January 27, 2014

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The Charity of the Extremely Wealthy

Author: Tom Coupé, KSE. Analyzing data from the Giving Pledge (a public pledge to give away at least half of one’s fortune during one’s lifetime, launched by Bill Gates and Warren Buffett in 2010) and the Forbes billionaires’ list, I find that self-made billionaires are substantially more likely to give away large amounts of money, […]

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