Central Economics and Mathematics Institute

About: Central Economics and Mathematics Institute is a facility organization based out in Moscow, Russia. It is known for research contribution in the topics: Population & Foreign-exchange reserves. The organization has 297 authors who have published 580 publications receiving 6449 citations. The organization is also known as: Federal State Institution of Science Central Economics and Mathematics Institute of the Russian Academy of Sciences.

A first order approximation forthe convergence of distributionsof the cox processes with

Abstract: A limit of a normalized difference between the distribution of the conditionally Poisson process with the intensity modulated by a “fast” Markov process with a finite phase space and the distribution of the Poisson process with the appropriately averaged intensity is calculated. The proof is based on the study of a singularly perturbed filtering equation

Civic Culture and Economic Transition in Russia

Abstract: In this paper we try to describe the main feature of Russian civic culture that could influence the outcome of the reform, initiated in 1992, and discuss channels through which the influence was realized. We begin with consideration of paternalism and what we call “habitual deviationism”, ordinary and routine deviation from official rules and laws. Both features were inherited from the Soviet period. Paternalism and habitual deviationism determine a system of people’s attitudes towards the state, the law, the property, and the liberal values. It will be demonstrated that this system entails an adversarial (using a Stiglitz’s term) style of governance and the opportunism and corruptibility of the ruling elite. It is argued that “shock therapy” may be destructive under this cultural environment and result in strong initial distortions since fast liberalization and privatization release a huge volume of rent and strengthen incentives for rent seeking activity. It is further argued that a good reform strategy should take civic culture into account and not put forward overly ambitious tasks. One has to build a sequence of interim institutions which would be more congruent to the initial cultural and institutional environment, facilitate the adaptation of the people, and stimulate modernization of cultural norms to reach an effective market system with time.

The Long Road to Normality: Where Russia Now Stands

Abstract: The goal of this study is to reveal the long-term trajectory of Russian economic development and to make predictions for the future. We start with a much discussed question: Why did Russia do worse economically during transition than most other countries in Europe and Asia? It is argued that it was caused partly by objective circumstances before transition (distortions in industrial structure and in trade patterns accumulated during the era of central planning), but mostly by the weakening of the institutional capacity of the state during transition.

Inverse Dirichlet-to-Neumann problem for nodal curves

Abstract: This paper proposes direct and inverse results for the Dirichlet and Dirichlet-to-Neumann problems for complex curves with nodal type singularities. As an application, it gives a method for reconstructing the conformal structure of a compact surface of with constant scalar conductivity from electric current density measurements in a neighbourhood of one of its points. Bibliography: 23 titles.

What Uzbekistan tells us about industrial policy that we did not know

Abstract: This paper discusses Uzbekistan’s recent experience with structural shifts and industrial policy, with a particular focus on various industry policy instruments, and its implications for the existing theories of industrial policy. In particular, two major hypotheses are discussed: (1) the hypothesis of Haussmann, Hwang and Rodrik (the more technologically sophisticated the export structure, the better for growth) and (2) the hypothesis of Justin Yifu Lin (export specialization should build on existing comparative advantages and should not jump over the necessary technological stages).