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NES professor and NES graduate of 2002 (MAE’2002) Ruben S. Enikolopov will be appointed rector of NES on September 1, 2018. This comes as a decision by the School’s Board of Directors, which met for the 59th time on July 12, 2017. In addition, professor Enikolopov will join NES Board of Directors effective immediately. Meanwhile, professor Shlomo Weber will remain in the position of NES rector until September 1, 2018. NES board has decided further that on September 1, 2018, professor Weber will assume the post of the President of the NES. At the same time, academician of the Russian Academy of Sciences Valery Makarov, currently the President of NES, will become the President Emeritus of NES from September 1, 2018. On behalf of the whole NES community, we congratulate professor Ruben Enikolopov, as well as professor Shlomo Weber and academician Valery Makarov on their appointments! >>>

On July 7, New Economic School held its 24th Commencement Ceremony in the Chamber Hall of the Moscow International Performing Arts Center. By tradition, the event was led by Zarema Kasabieva, NES Vice-Rector for Educational and Students Affairs. Professor Shlomo Weber, NES Rector, greeted the School graduates and guests of the event. The annual Yegor Gaidar honorary lecture on economic policy is traditionally part of the NES Commencement; the eighth lecture held this year, on “How Economic Science Helps Central Banks Make Decisions,” was delivered by Elvira Nabiullina, the Governor of the Central Bank of the Russian Federation, who also delivered a warm congratulatory message to the graduates of 2017. On the 25th year since NES was established, 102 graduates received diplomas from NES. The best NES graduates of 2017 were also celebrated: the 34th nominee of the Don Patinkin Award is Alexey Filippov (MAE’2017), and the honorary diploma Bachelor of Excellence went to Roman Sigalov (BAE’2017). >>>

On July 7, the Commencement Ceremony for the graduates of the New Economic School was marked with a keynote presentation and a sendoff by the Governor of the Central Bank of Russia Elvira Nabiullina. From the podium of the Moscow International Performing Arts Center, where the ceremony was held, the head of the Central Bank said that her agency is a natural partner of the School. “This year, when NES celebrates its 25th anniversary, it is a great honor for us to host the head of the country’s central financial regulator,” said NES Rector Professor Shlomo Weber. “As we are already closely cooperating with the Central Bank—and, of course, we will develop this cooperation in the future.” >>>

On June 26, 2017 the 2nd NES - Yegor Gaidar Foundation summer school on modern microeconomics started in the Moscow area. During 2 weeks the young faculty from regional universities learns classical and new models of industrial economics. NES Professor Mikhail Drugov gives lectures and also consults the participants on prepared syllabi >>>

On June 1-2, 2017, NES has hosted Oligo 2017 workshop devoted to optimal firm behavior and game-theoretic modeling of competition. It was a substantial international academic conference, where 25 papers were presented, with each followed by a moderated discussion and a Q&A. Most papers were centered on the issue of imperfect competition on the markets. Yet, there was a significant variety of related topics: from theoretical game theory (continuous time fictitious play and existence of equilibrium with discontinuous payoffs), experiments (showing that people fail to process implications of correlated information), and practical implications of sharing shipping agreements. Prof. Jacques Thisse delivered an illuminating lecture on the history and future of monopolistic competition models. NES CSDSI Managing Director Professor Sergei Izmalkov and research fellow Dr. Alexander Shapoval presented their research >>>

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NES in Media
06 January Econbrowser: Doug Campbell published a Guest Contribution on the impact of exchange rate shocks on manufacturing workers, based on a newly released academic paper >>>
22 November RBC: Conspiracy Theories: How to separate good traders from price manipulators. Anna Obizhaeva about price manipulation >>>
10 June Project Syndicate: "Russia and the Post-Oil Economy" by Vitaly Kazakov >>>
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Applications for the 2017 NES-HCEO Summer School on Socioeconomic Inequality are now open. 2017 NES-HCEO will be held at the New Economic School in Moscow from August 28 through September 2. It it the first SSSI to be held in Russia. Details on how to apply, as well as more information, can be found here
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Research papers
The paper by Stanislav Anatolyev and Nikolay Gospodinov "Multivariate Return Decomposition: Theory and Implications" has been accepted by Econometric Reviews
The paper by Mikhail Drugov and Dmitry Ryvkin "Biased Contests for Symmetric Players" is published in May issue of Games and Economic Behavior in the John Nash Memorial Special Issue
The paper by Gunes Gokmen "Clash of civilizations and the impact of cultural differences on trade" is published in July issue of Journal of Development Economics.
The paper by Stanislav Anatolyev "Foreign Exchange Predictability and Carry Trade: A Decomposition Approach",  joint with  Nikolay Gospodinov, Ibrahim Jamali and Xiaochun Liu, has been accepted by Journal of Empirical Finance.
The paper by Shlomo Weber "Immigration policies, labor complementarities, population size and cultural frictions: Theory and evidence", joint with Thomas Osang, has been published in International Journal of Economic Theory
More papers >>>

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