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Publications (17)
The price and availability of energy is fundamental to the health of the global economy. The Russia–Ukraine war is intensifying an energy shock that began unfolding as the prices for oil, natural gas and coal started to recover from a COVID-19-induced slump. Energy importers among the low-income...
Working Paper
pdf
– Where Russia Now Stands
The goal of this study is to reveal the long-term trajectory of Russian economic development and to make predictions for the future. The study starts with a much discussed question: why Russia did worse economically during transition than most other countries in Europe and Asia? It is argued that it...
Book Chapter
From the book:
Personal Wealth from a Global Perspective
Working Paper
pdf
All countries in transition experienced increases in inequality. They have also undertaken massive privatization of key asset housing, often on give-away terms. Are these two phenomena related? Has transfer of ownership rights to residents slowed down the inequality increases or it pushed it up...
Many developing and transition countries have considerable regional variation in average household income, poverty, and in health and educational status. National human development indicators can therefore mislead policy-makers when large regional disparities exist. This project will investigate the...
Book Chapter
– Evidence from the Luxembourg Income Study
From the book:
Spatial Inequality and Development
Many developing and transition countries have considerable regional variation in average household income, poverty, and in health and educational status. National human development indicators can therefore mislead policy-makers when large regional disparities exist. This project will investigate the...
Working Paper
pdf
– Evidence from the Luxembourg Income Study
This paper reports levels of income inequality and poverty in four Central and Eastern European countries: the Czech Republic, Hungary, Poland and Russia. Unlike many previous researchers who examine transition economies, we aggregate the detailed individual-level income surveys made available...
Working Paper
pdf
The interplay of a differentiated indirect tax structure and the variation in expenditure patterns across households, leads to a possibly unequal distribution of indirect tax liabilities across the population. This paper uses the ninth round of the RLMS survey to assess the distributional...
Book Chapter
– Legacy, Transition and Policy
From the book:
Small and Medium Enterprises in Transitional Economies
Working Paper
pdf
The paper summarises the findings of field research projects on emerging Russian entrepreneurship carried out by the author over a six-year period. The main stages of small and medium enterprise (SME) formation in Russia since the late 1980s are considered. Then, the dynamics of the SME sector are...
Working Paper
pdf
– The Case of Hungary with Russian Implications
This paper analyses the Hungarian experience with SMEs development by highlighting the factors and policies that explain the sector features and dynamics and utilizes this experience to suggest an interpretation of the striking differences with Russian SMEs. The case of Hungary is particularly...
Working Paper
pdf
– Initial welfare Consequences of Price Liberalization in Eastern Europe
A one-good, representative consumer model of the pre-reform consumer sector of transition economies is developed. An equation is derived that permits empirical estimation of the welfare effect of price liberalization. Empirical estimates are calculated for Poland and Russia. These estimates indicate...
Displaying 16 of 17 results