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Institution

Central Economics and Mathematics Institute

FacilityMoscow, Russia
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.


Papers
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Journal ArticleDOI
TL;DR: The authors found that in resource rich countries, real exchange rate is generally higher, accumulation of human capital is slower and institutions are worse, especially if they were not strong initially, which is detrimental for growth.
Abstract: Is resource abundance a blessing or a curse? Typically, in resource rich countries, domestic fuel prices are lower, and energy intensity of GDP is higher. But they have higher investment in R&D and fixed capital stock, larger foreign exchange reserves and more inflows of FDI. They also have lower budget deficits and lower inflation. These are conducive for long term growth. We also find that in resource rich countries, real exchange rate is generally higher, accumulation of human capital is slower and institutions are worse, especially if they were not strong initially, which are detrimental for growth.

39 citations

Journal ArticleDOI
TL;DR: In this article, the optimal control problem on an infinite time interval was studied and a new condition on the behavior of the functional at infinity was proposed, which is weaker than the previously known conditions.
Abstract: We consider the optimal control problem on an infinite time interval. The system is linear in the control, the functional is convex in the control, and the control set is convex and compact. We propose a new condition on the behavior of the functional at infinity, which is weaker than the previously known conditions, and prove the existence theorem for the solution under this condition. We consider several special cases and propose a general abstract scheme.

38 citations

Journal ArticleDOI
TL;DR: In this article, a revision of the metric regularity property for mappings between metric or Banach spaces is presented, based on a nonlocal version of Lyusternik-Graves theorem due to Milyutin.

38 citations

Journal ArticleDOI
TL;DR: In this article, the authors analyze cooperative games with side payments, where each player faces a possibly non-convex optimization problem, interpreted as production planning, constrained by his resources or technology.
Abstract: The paper analyzes cooperative games with side payments. Each player faces a possibly non-convex optimization problem, interpreted as production planning, constrained by his resources or technology. Coalitions can aggregate (or pool) members' contributions. We discuss instances where such aggregation eliminates or reduces the lack of convexity. Core solutions are computed or approximated via dual programs associated to the grand coalition.

38 citations

Journal ArticleDOI
TL;DR: A consistency criterion for the conjectures (referred to as influence coefficients) is developed and the existence theorem for the interior equilibrium is proved and understood as a CVE with consistent conjectures.

37 citations


Authors

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Performance
Metrics
No. of papers from the Institution in previous years
YearPapers
202310
202215
202139
202051
201942
201831