VI - КОНФЕРЕНЦИЯ РЭШ

“ПРЕОБРАЗОВАНИЕ ГОСУДАРСТВЕННОГО СЕКТОРА В ЭКОНОМИКАХ ПЕРЕХОДНОГО ПЕРИОДА”

14-16 Октября 1999г.
117418 Москва, Нахимовский проспект 47

Thursday, 14 October

Chairmen: Gur Ofer, Valery Makarov

Session 1 Financial Industrial Groups in Russian Economy

Project leaders: David Brown, Saul Estrin, Sergei Guriev

Chairman: Antony Shorrocks

1. Sergei Guriev: Financial Industrial Groups in Russia
1. Natalia Volchkova: Cost of Capital in Russian Financial Industrial Groups
2. Konstantin Kozlov: Export in Russian Financial Industrial Groups
3. David Brown: Labor Productivity in Russian Financial Industrial Groups

Discussants: Victor Dement’ev and Yakov Pappe

Chairman: Valery Makarov

Mikhail Zadornov: Problems of Servicing Russia’s public debt. Some Lessons of Financial Crisis

Friday, 15 October

Session 2 Institutional Change and Traps in Transition Economies

Project leaders: Leonid Polishchuk, Victor Polterovich

Chairman: Nissan Liviatan

1. Victor Polterovich: Institutional Traps: How to Get Out?
1. Leonid Polishchuk: Distribution of Assets and Credibility of Property Rights
2. Alexey Savvateev: Numerical Externalities and Their Impact on Equilibrium Corruption Level

Discussants: Leonid Grigor’ev and Gur Ofer

Chairman: Gur Ofer

Gerard Roland: Comparative Politics and Public Finance (pdf, 291Kb)

Session 3 Non-monetary Transactions in Russian Economy

Project leaders: Sergei Guriev, Barry Ickes

Chairman: Andrey Yakovlev

1. Barry Ickes: Restructuring and Barter (pdf, 289Kb)
1. Sergei Guriev: Barter as a Means of Price Discrimination (pdf, 289Kb)
2. Olga Voitkova: Vecsels in Russia

Discussant: Georgy Kleiner

Session 4 Tax Enforcement and Corruption in Fiscal Administration

Project leader: Alexander Vasin

Chairman: Mark Levin

1. Alexander Vasin: The Optimal Tax Enforcement Strategy under Imperfect Auditors and Taxpayers
1. Constantin Sonin: Political Captures of Bankruptcy in a Transition Economy

Discussant: Beth Allen

Saturday, 16 October

Session 5 Financial Crisis in Russia

Project leaders: Evsey Gurvich, Arkady Dvorkovich, Anatoly Peresetsky, Giovanni Urga

Chairman: Barry Ickes

1. Alexander Andryakov: Security Market Crisis in Terms of Strategies of the Major Player
1. Ilya Grobman, Anatoly Peresetsky: Stock Market Performance in the Pre-crisis Period
2. Arkady Dvorkovich: Model of Russian Crisis Development
3. Giovanni Urga: Evolution of the Stock Markets in Transition Economies

Discussants: Nissan Liviatan and Enrico Perotti

Session 6 Fiscal Federalism: Intergovernmental Fiscal Relations and Finance of Subnational Governments in the Russian Federation

Project leaders: John Mikesell, Mitch Mokhtari

Chairman: Bronwyn Hall

1. Mitch Mokhtari, Irina Grafova: A Revenue Assignment Model of Russian Intergovernmental Fiscal Relationship System
1. Irina Slin’ko: Multiple jobs, wage arrears, tax evasion and labor supply in Russia
2. Mitch Mokhtari, Elena Panova: Multiple Jobs and Uncertainty About Employment Prospects

Discussant: Ekatherina Zhuravskaya

Session 7 Efficiency of Natural Resources Use and Development of the Russian Economy

Project leaders: Oleg Eismont, Charles Kolstad

Chairman: Ksenia Yudaeva

1. Oleg Eismont: Effects of Plummeting World Natural Resource Prices on Resource-Exporting Economy
1. Svetlana Shcherbich: Empirical Estimate of the “Dutch Disease” Effects in the Russian Economy
2. Igor Murav’ev: Introducing Real Money Balances into the Dutch Disease Problem

Discussant: Antony Shorrocks

Closing ceremony