DISTINGUISHED LECTURE:
Vito Tanzi (Senior Consultant, Inter-American Development Bank):
Globalization and Its Impact of Tax Systems

A(room 521)
Knowledge Economy

Project leader: Valery Makarov
Chairman: Anatoly Kozyrev

Annà Burak: Knowledge Concentration in Russia 1986-2002
Igor Gorshunov: Should Intellectual Property Rights Be Protected?
Dmitry Maniakov: Worldwide Concentration of Fundamental Research. Analysis of the Key-Factors and Trends
Anton Startsev: Modeling Knowledge Concentration

B(room 1121-1)
Repeated Economic Interactions: regulation and imperfect monitoring

Project leader: Grigory Kosenok
Ariane Lambert-Mogiliansky
Chairman: Alexei Deviatov

Anton Anshin: Non Trigger Punishments in Cournot Duopoly
Vasiliy Zaitsev: Corruption in Entry Procedures
Natalya Sizova: Optimal Trigger Strategies with Differentiated Products

A (room 521)
Dynamics in Russian and Other Financial Markets

Project leader: Stanislav Anatolyev
Consultant: Dick van Dijk
Chairman: Alexei Goriaev

Natalia Guseva: Value at Risk: in Search for the Most Appropriate Model. The Comparison of Different Approaches
Olga Zagvozdkina: Study of Order Flows on MICEx
Alexander Varakin: Dynamic Model for Return and Trading Volume for Two Common Stocks
Boris Livshits: Modeling Realized Volatility as a Long Memory Process
Andrey Shabalin: The Effect of Durations on Volatility of Returns

B (room 1121-1)
Electricity Restructuring and Regulatory Reform in Russia

Project leaders: Oleg Eismont, Sergey Chernavsky
Chairman: Grigory Kosenok

Andrey Bychkov: An Analysis of the Structure of Russian-European Natural Gas Market
Maxim Kukoverov: Russian Electricity Market Reform
Alexey Moskvichev: Optimal Regulation of Heat Electric Stations
Anastasia Sarson: Who Appropriates Timber Rent in Russia?
Victor Shemanaev: The analysis and Forecasting of Short-Run Russia's Economic Development by Means of Demand Models
Shirokov Ilya: Natural Gas Market: gas trade between Russia and Western Europe

A (room 521)
Evaluating Performance and Strategy of Mutual Funds

Project leader: Alexei Goriaev
Consultant: Theo E. Nijman
Chairman:Stanislav Anatolyev

Roman Golovin: Local Return Factors in the Russian Stock Market
Andrey Kobelev: Performance Evaluation of Russian Mutual Funds
Sergey Prikhodko: Benefits from International Diversification for Russian Investors
Alexey Kononenko: Optimal Portfolio Selection at the Russian Financial Market

B (room 1121-1)
Chairman:
Topics in the Theory of Money
Project leader: Alexei Deviatov
Chairman: Oleg Eismont
Sergey Kopylov: Another Model of Price Rigidity
Stanislav Ponomarenko: Welfare Costs of Inflation in Russia

Effects of Government Policies in Equilibrium Macroeconomic Models
Project leader: Alexander Vasin
Consultants: Francisco Marhuenda, Polina Vasina

Strel'nikov Sergei: Optimal Taxation of Homogeneous Firms in the Small/Retail Business under Tax Evasion

A (room 521)
University System and Labor Market in Russia

Project leaders: Irina Denisova, Leonid Polishchuk
Chairman: Kirill Sosunov

Galina Zudenkova: Equal Access to Higher Education and Economic Efficiency: is there a trade-off?
Alla Kryssanova: The Impact of Different Types of Education on Graduates` Earnings
Yulia Lee: Vouchers versus Public-Private System of Higher Education
Olga Shirokova: Education and Growth: the Case of Russia

B (room 1121-1)
Some Aspects of the Performance of Russian Enterprises: electricity consumption and innovation activity

Project leader: Natalia Volchkova
Consultant:Kseniya Yudaeva
Chairman: Konstantin Sonin

Svetlana Egorova: Sectoral and Regional Analysis of Industrial Electricity Demand in Russia
Dmitry Ermolin: Regional Analysis of Innovation Activity in Russian Firms
Vasiliy Zuev: The Impact of Competition on Innovation
Alexander Semenov: The Innovations Dynamics of an Economy with Fast-Growing Exhaustible Resource Sector

A (room 521)

Special-Interest Politics, Democratic Credibility,
and Industrial Structure
Project leader: Konstantin Sonin
Consaltant: Scott Gelbah
Chairman: Natalia Volchkova

Natalya Eremeeva: Political Component of Stock Returns
Vladislav Nigmatulin: Business Candidate in General Election
Maria Petrova: Special Interests in Local Elections
Vasiliy Starostenko: Informed Voting
Igor Kheifets: Fish quota auctions in Russia: budget constraints and efficiency

B (room 1121-1)
Globalization and Economic Growth in Developing and Transition Economies
Project leaders: Victor Polterovich, Vladimir Popov
Chairman: Oleg Zamulin

Oleg Bogoslavskiy: Educational Subsidies and Brain Drain: government policy implications
Andrey Vashevnik: Raw-exporting Counties and Economic Growth
Dzhangir Dzhangirov: Outsourcing vs. FDI: Advantages and Disadvantages for Recipient Country
Alexey Debelov: Institution-based Monopoly as a Possible Source of Club Convergence
Andrey Prudnikov: Impact of Stock Market and Bank System Development on Economic Growth at Different Stages of Industrialization

A (room 521)
Monetary Policy in Transition Economies

Project leaders:Kirill Sosunov, Oleg Zamulin
Chairman: Victor Polterovich

Victor Arshavsky: Exogenous Exchange Rate Shocks and Monetary Policy Rules in a Small Open Economy with Foreign Currency Pricing
Michael Borisov: Money demand and dollarization in Russia
Oleg Itshoki: Asymmetric Price Rigidity and the Optimal Rate of Inflation
Natalia Klykova: Monetary Policy and External Shocks in a Small Open Economy
Tatyana Kuzmenko: Measuring Monetary Policy in Russia
Andrey Mavrenkov: The Comparison of Alternative Monetary Policies in an Open Economy with Credit Constraints and Natural Resource Producing Export Sector
Oleg Obrezkov: Inflationary Consequences of the Real Exchange Rate Targeting
Marina Shestakova: Elasticities of Substitution between Imported and Domestically Produced Goods for Russian Economy

B (room 1121-1)
Chairman: Pavel Katyshev

Effects of Government Policy in Equilibrium Macroeconomic Models

Project leader: Alexander Sotskov
Arseniy Skovrtsov: Evaluation of Taxation and Inflation Influence on Basic Economic Figures

Trend of the Banking Sector in Russia and Bank Ratings III

Project leaders: Anatoly Peresetsky, Alexander Karminsky
Consultant: Bertrand Melenberg
Alexander Driga: Modeling of Ratings of World Ratings Agencies Moody's and Standard&Poors
Victor Kudinov: Semiparametric Models of Russian Banks Defaults
Andrey Rygov: An Analysis of Stability of Models for Banking Ratings with the Use of Macro Data
Ekaterina Sidorova: Ratings of Investment Attractiveness of Russian Regions. Models
Olga Yas'ko: Modeling of Russian Banks Ratings. Comparative Analysis of the IC "Rating" and the "Expert RA" Agencies Ratings

DISTINGUISHED LECTURE:
Justin Lin (Professor, Beijing University):
Viability, Economic Transition and Reflection on Neoclassical Economics