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.

Scientific Collaboration in the Sphere of Carbon Nanostructures in the Mirror of Bibliometric Analysis

Abstract: This article provides bibliometric analysis of Russian scientists’ collaboration in the sphere of carbon nanostructures, a major trend in nanotechnology. In particular, it is shown that international coauthorship significantly increases the citation of Russian publications, while purely Russian coauthored publications are cited even less frequently, on average, than single-author publications. The initial information for analysis was taken from the Science Citation Index Expanded (SCIE) database.

Short-Term Projection Using the Monetary Efficiency Index

Abstract: This article has presented a short-term macroeconomic indicator, the index of monetary efficiency, which is an aggregate of two subindices, i.e., monetary stability and monetary freedom. An econometric model has been constructed, in which the GDP depends on the index of monetary efficiency with a lag of 8 months, which allows for the proactive prediction of economic growth. All analytical tools have been evaluated based on the statistical data of the Bank of Russia with a monthly breakdown.

Robust insurance mechanisms and the shadow prices of information constraints

Abstract: We consider a risky economic project that may yield either profits or losses, depending on random events. We study an insurance mechanism under which the plan of project implementation maximizing the expected value of profits becomes optimal almost surely. The mechanism is linear in the decision variables, “actuarially fair” and robust to changes in the utility function.

Parallel algorithm for calculating general equilibrium in multiregion economic growth models

Abstract: We develop and analyze a parallel algorithm for computing a solution in a multiregion dynamic general equilibrium model. The algorithm is based on an iterative method of the Gauss–Seidel type and exploits a special block structure of the model. Calculation of prices and input-output ratios in production for different time steps is carried out in parallel. We implement the parallel algorithm using the OpenMP interface for systems with shared memory. The efficiency of the algorithm is studied with the numbers of cores varying in the full range from one to the number of time steps of the model.

On optimal threshold stopping times for Ito diffusions

Abstract: The paper deals with an optimal stopping problem for one-dimensional Ito diffusion process and terminal payoff function. We study the following problem: under what conditions the stopping time whic...