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The NES 25th Anniversary Conference
CENTER for the Study of Diversity and Social Interactions


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The paper by Ruben Enikolopov, Maria Petrova and Konstantin Sonin "Social Media and Corruptionhas been published in American Economic Journal: Applied Economics
The paper by Evgeny Yakovlev "Demand for Alcohol Consumption in Russia and Its Implication for Mortality" has been published in American Economic Journal: Applied Economics
Due to regular rotation Professor of Economics Beth Allen (University of Minnesota) will step down from the International Advisory Board (IAB). Her place will take Professor of Economics Ekaterina Zhuravskaya (Paris School of Economics).
Ekaterina Zhuravskaya graduated from Harvard University in 1999 with PhD in Economics. She became the winner of the Young Economists Competition of the fifth Nobel Symposium in Economics "The Economics of Transition" in 1999 and was chosen a Global Leader for Tomorrow at the World Economic Forum in Davos in 2001. Ekaterina received the Best Economist Prize by the President of the Russian Academy of Sciences in 2002 and 2003, a Diploma of the Russia’s National Award for Work in Applied Economics in 2010 and in 2014, and became a recipient of the International W. Leontief Medal "For Contribution to Economic Reforms" in 2010. Ekaterina Zhuravskaya was also a winner of the ERC Consolidator grant, 2015.
She published her research in the American Economic Review, Quarterly Journal of Economics, American Economic Journal: Applied Economics, American Economic Journal: Economic Policy, Journal of Economic Literature, Journal of European Economic Association, Journal of Public Economics, Journal of Economic Perspectives, American Political Science Review, American Journal of Political Science, Journal of Law, Economics and Organization, Journal of Business, Journal of Comparative Economics, American Law and Economics Review, Economics of Transition.
Ekaterina is an associate editor of the Journal of Public Economics and the Journal of Comparative Economics.
We are very thankful to Beth Allen for her successful work in IAB. The International Advisory Board consists of the world’s leading economists. IAB provides guidance on academic matters, makes all major academic decisions, and oversees the academic activities at NES. It is also responsible, through an Academic Appointment Committee, for all academic appointments and promotions.
The paper by Stanislav Anatolyev and Grigory Kosenok "Sequential testing with uniformly distributed size" has been accepted for publication in Journal of Time Series Econometrics
The paper by Michele Valsecchi, Giacomo De Luca, Roland Hodler and Paul A. Raschky "Ethnic favoritism: An axiom of politics?” has been accepted for publication in Journal of Development Economics
On January 9, 2018 Maxim Bouev joined our team as a Vice-Rector for Strategic Development.

Maxim Bouev has Ph.D. in Economics from University of Oxford. In 2012-2017 he was the Dean of Economics at the European University in St. Petersburg (EUSP) and professor of applied finance.

Maxim Bouev has over 7 years of professional experience in the financial sector. In 2000 he worked as an M&A analyst at the European desk of the Investment Banking division for N.M.Rothschild & Sons. In 2005-2008 he  was an FX quantitative analyst for ABN AMRO Bank, and in 2008-2012 he served as a Vice President at the Royal Bank of Scotland in London, Great Britain.
On December 18-19 2017 leading experts from around the world came to discuss the international and political economy, industrial development, finance and other issues. In two days world-known scientists from the best universities in the world presented 62 papers.
On December 18, rector of NES Shlomo Weber opened the conference with his welcoming address and introduced the first keynote speaker – Professor of Economics Steven Durlauf (University of Chicago). He presented his research on Measuring Genetic Influences in Socioeconomic Outcomes. Afterwards, at the parallel sessions, such issues as the international trade, macroeconomics, finance, and healthcare were discussed. Experts also participated in the work of the following sessions: A Hundred Years of Russian Revolution: A Great Experiment of Socialist Transformation; A Hundred Years of Russian Revolution: Russian Industrial Firms Before and After 1917; Contract Theory; Development.
NES alumnus Anna Mikusheva (MIT) presented her paper "Weakly Identified Econometric Models Chair". Professor of Economics Gérard Roland (University of California, Berkeley) gave a lecture on the topic "Culture, Institutions and Democratization".
The first day of the conference concluded with a round table with participation of François Bourguignon (Paris School of Economics), Andreu Mas-Collel (Universitat Pompeu Fabra), and Shlomo Weber. Experts discussed such problems as diversity, income distribution and higher education in the European Union.
Professor Matthew Jackson (Stanford University) opened the second day of the conference with his keynote lecture on the topic "The Interaction Between Informal Networks and Formal Markets Chair". He talked about his research, conducted in isolated Indian villages, some mechanisms of information dissemination and its influence on economic decision-making. This day seven sessions took place on such issues as the organizational economics, political economy, corporate finance, economics of science, industrial organization, econometrics, and asset pricing.
The EBRD’s Chief Economist, former NES rector Sergei Guriev presented EBRD Transition Report "Sustaining growth". NES alumnus Ilya Strebulaev (Stanford University) talked about his research on financing innovation: how venture capitalists make decisions and choose firms for funding, what are the main features of VC industry.
The closing event of the conference was a round table "Challenges of the Strategic Development of the Russian Economy" (videos of the round table are available only in Russian) with Alexei Kudrin (Center for Strategic Research). NES professors presented their papers on prospects for economic development, based on their own work for the Center for Strategic Research. Natalya Volchkova talked about costs of exporting in Russia, Irina Denisova highlighted some challenges for Russian healthcare system, Evgeny Yakovlev shared some results of his research on alcohol policy and maternity fund, Oleg Shibanov pointed out some advantages of passive asset management, Anna Obizhaeva talked about economic approach to building financial infrastructure, NES rector Shlomo Weber emphasized how important it is to consider sociocultural factors in strategic development.
"I would like to thank the team of NES professors, they showed their professional approach to strategic research. I think we [Center for Strategic Research] will one after another publish these reports. We want them to go public and to generate discussion in society", said Alexei Kudrin in conclusion.
After the conference, Gala Celebration of the NES 25th Anniversary took place. More than 1000 guests attended this party: NES students and alumni, friends, employees, professors and donors. Among the guests were: Deputy Prime Minister of Russia, chairman of the Board of Directors of NES, NES graduate of 1994 Arkady Dvorkovich, Bank of Russia First Deputy Governor Ksenia Yudaeva, EBRD’s Chief Economist Sergei Guriev, Professor Emeritus of the Hebrew University of Jerusalem, one of the founders of NES Gur Ofer, Dean of the Economics Faculty of Lomonosov Moscow State University Alexander Auzan, Vice-President of Transneft Mikhail Margelov, President of the Moscow School of Management SKOLKOVO Andrei Sharonov, Rector of European University at St. Petersburg Nikolai Vakhtin, President of The Polytechnic Museum Boris Saltykov, Senior Partner, Chairman of the Board, Ward Howell Sergey Vorobiev, Chief Economist for Russia and CIS, BP plc. Vladimir Drebentsov.

Conference website

Program with links to papers

Presentations from round table "Challenges of the Strategic Development of the Russian Economy"

Photos of the Conference

Photos of 25th Anniversary event (part 1)

Photos of 25th Anniversary event (part 2)

Information Partners of the 25th Anniversary event:
General Partner: Newspaper Vedomosti
Information Partner: Russian News Agency TASS
The Conference is supported by: April Capital, Lukoil, Metalloinvest, Renova Group, Charitable Foundation SAFMAR, Sberbank of Russia, SUEK, Russian Agricultural Bank.
The paper by Grigory Kosenok and Maria Marta Ferreyra "Charter School Entry and School Choice: The Case of Washington, D.C." has been accepted for publication in Journal of Public Economics
New Economic School 25th Anniversary Conference in Economics and Finance. New Economic School is celebrating its 25th Anniversary. Today starts the key event  – the Academic Conference in Economics and Finance.

Leading experts from around the world came to the Conference to discuss the international and political economy, industrial development, finance and other issues. In two days world-known scientists from the best universities on the planet will present 62 reports.

Keynote speakers:
François Bourguignon, Paris School of Economics;
Steven Durlauf, University of Chicago;
Matthew Jackson, Stanford University;
Andreu Mas-Colell, Universitat Pompeu Fabra;
Gérard Roland, University of California, Berkeley.

"The Anniversary Conference is a unique opportunity to gather leading experts in economics and finance and discuss key questions of the world economy. Often such dialogues lead to useful decisions, and I will be very happy as NES once again becomes a venue that opens communication between scientists, experts and government", said professor Shlomo Weber, NES rector.

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The NES 25th Anniversary Conference Program >>>
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New Economic School is celebrating its 25th Anniversary! For 25 years, NES has managed to create a unique international reputation as the strongest economic and financial institute.

"Since I received the NES diploma – and it was only two years after its foundation – I was a beholder of how the School grew and developed, how it became a leader in the field of economic and financial education, as more and more NES alumni achieved success and recognition. Today, when NES marks a quarter of a century, the School can boast of a number of outstanding achievements, but at the same time it is even more enthusiastic, more energetic and focused on the upcoming victories", said Arkady Dvorkovich, Deputy Chairman of the Government of the Russian Federation, Chairman of the Board of Directors of NES, NES alumnus.

The School was established on July 21 1992, and on September 1 first 52 students started to study at the program Master of Arts in Economics. In 2000 NES opens the Center for Economic and Financial Research (CEFIR). In 2004 NES published the first issue of NES Paper, and a year later issued NES Alumni Magazine. In 2007 NES started the Master's program Masters in Finance.

In 2011 the first group of students started studying at the HSE and NES joint program in Economics. Most students of this program are usually winners of National Olympiads in Economics. In the same year, with the financial support of the Dmitry Zimin Dynasty  Foundation, NES established the Center for Demographic Research (CDR). Two years later, the School got a grant for the Center for the Study of Social Diversity and Interaction (SCDSI). In 2015 begins the Master's program Economics of Energy and Natural Resources and the program Master of Science in Finance and a year later – the master's program Finance, investment, banks and the program Master of Science in Energy Economics.

Today more than 1600 students have graduated from the School. About 75% of graduates work in business, mainly in leading companies of the Russian and international financial and real sector; 20% of graduates chose an academic career at MIT, Stanford, Yale, Columbia, Penn State, NYU, LSE; 5% of graduates are working in the public sector.

The regular faculty of NES comprises more than 90% professors with PhD in economics and finance from the leading universities of the world, such as: Harvard, MIT, Columbia, NYU, LBS, Wisconsin-Madison, Northwestern University, and others.

"This year NES turns 25 years old. Today, a quarter of a century after its founding, NES is an distinguished economic and financial institution that holds leading positions in Russia and the world. I can say with confidence: we are leaders in our field. Our leadership is based on the unchanged quality of education, which, as I am convinced, will always be in demand. The uniqueness of NES is also in the fact that students and alumni of the School have formed a solid and reliable international community, and this is one of our main achievements", said Shlomo Weber, rector of NES.

Detailed information of the Anniversary events here:
On December 15 Professor Shlomo Weber and Professor Jean-Philippe Platteau opened the NES CSDSI international conference "Towards Effective and Equitable Development: the Role of Institutions and Diversity". François Bourguignon (Paris School of Economics), Jean-Paul Carvalho (University of California, Irvine), Steven Durlauf (University of Chicago), Ruben Enikolopov (Universitat Pompeu Fabra, New Economic School), Joan Esteban (Barcelona Graduate School of Economics), Andrei Markevich (New Economic School), Debraj Ray (New York University), Gérard Roland (University of California, Berkeley), Rajiv Sethi (Columbia University), Ekaterina Zhuravskaya (Paris School of Economics) are among the speakers and experts of the conference.

On December 12 the V NES CSDSI winter school “Towards Effective and Equitable Development: the Role of Institutions and Diversity” started at NES campus in Skolkovo. NES CSDSI Academic Head Professor Shlomo Weber opened the school with his lecture “Frontiers in economics of diversity”. During the classes NES CSDSI fellows introduce the participants with the current research of the center. The invited experts of the school are Professors Steven Durlauf (Chicago), Joan Esteban (CSIC and Barselona GSE), Theodore Gerber (Wisconsin–Madison), Karl Ove Moene (Oslo), Debraj Ray (New York).
According to the study "Social Navigator" MIA "Russia today" among universities of economic, financial and legal specialization New economic school (NES) became the most popular. NES gets first place in "Social Navigator" ranking for the third time.
New Economic School took third place in the top-10 Round University Ranking (RUR) of Russian universities of the Social Sciences. The RUR Subject Rankings evaluated performance of the leading higher education institutions in Russia in 6 broad subject areas: Humanities, Social Science, Biology, Medical Science, Nature Science, Technical Science. New Economic School took third place in the top-10 Russian universities in the Social Science.
All universities were evaluated by 20 parameters and grouped into 4 key areas: teaching quality (40% of grade), research quality (40% of grade), international diversity (10% of grade), financial sustainability (10% of grade). NES is ranked #91 by teaching in Social Sciences which propelled it to a nomination in Silver League. NES has participated in this ranking for the first time and got in top-100! RUR Rankings Agency was founded in 2013 and based in Moscow, Russian Federation. The Agency publishes world university ranking – Round University Ranking (RUR) rankings system and also offers consulting services for universities to strengthen their competitiveness in higher education sector.
On November 23-25 professors of the Department of Humanities and Languages took an active part in the 4th International Conference on ESP/EAP/EMI in the Context of Higher Education Internationalization. On the Pre-conference day Tatiana Skopintseva gave a talk “English Language Teaching in an EMI Context at NES: Solving an EMI Puzzle” at the annual working group meeting of the 5-100 project universities. Tatiana also chaired the «Going Global: Oral Fluency, Presentation Skills, Pronunciation” section. Ashley Squires chaired the “Academic Writing” section and took part as a discussant in the panel called “Innovating English Language Teaching: Choices to Be Made”. Other presentations and master classes are as follows: Matthew Overstreet: “Teaching Multimedia Composing in Power Point via a ‘Workshop Model’” (workshop) and “Writing Instruction in US English Departments: Some Basic Principles” (talk), Anna Volchanskaya: “Integrating Arts and Humanities Subjects into Language Training” (workshop), Ashley Squires: “Professionalization in the United States and in Russia: How Do We Learn from Our Histories?” (talk), Tatiana Skopintseva: “Teaching Public Speaking Skills to Russian Learners” (talk). Program >>>
Coming soon
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January 24-25, Davos, Russian House 2018. NES Rector Professor Shlomo Weber will speak at panel discussions "It’s More Than Just Football: Realizing the Opportunities of World Cup 2018" (January 24, 17:00 – 18:00) and "Russia – USA bilateral relations one year on" (January 25, 13:00 – 14:00). Program >>>
January 24 / 1.45 pm, r. 114 NES Job Market Seminar: Jascisens Vitalijs (Toulouse School of Economics) "Can Entry Mitigate the Effect of Inflated Reserve Prices in Public Procurement?"
January 25 / 1.45 pm, r. 1 114 NES Job Market Seminar:  Filatov Alexey (Autonoma de Barcelona) "Why Are Older Americans Working More Nowadays?"
More events >>>
NES in Media
22.01.2018 American Economic Association: Holding corrupt institutions accountable. Can social media be a check on power when mainstream news outlets cannot? An article based on paper by Ruben Enikolopov, Maria Petrova, and Konstantin Sonin >>>
13.01.2018 VOX: Careers and families of high-skilled women in the age of high inequality. Сolumn based on paper by Michael Bar, Moshe Hazan, Oksana Leukhina, David Weiss, and Hosny Zoabi >>>
Media archive >>>

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