Articles
What Investing Mistakes People Make During a Crisis?
We devoted a recent episode of the "Economics Out Loud" podcast to personal finance, markets, and the approaching storm. NES graduate and professor at Michigan State University Dmitriy Muravyev talked about the future of the economy, inflation, and how an investor should behave in a crisis.
Should Politicians Control Civil Servants?
In his column for GURU, NES Professor Michele Valsecchi tells about his current research.
AEJ Best Paper Awards: Comment by NES Professor Gerhard Toews
American Economic Association has announced its list of the 2022 American Economic Journal Best Paper Awards. The papers are selected in four fields: Applied Economics, Economic Policy, Macroeconomics and Microeconomics. We continue to publish commentaries of the NES professors to selected papers from the list. Following is the commentary by Professor Gerhard Toews to the winning paper in economic policy “Carbon Taxes and CO2 Emissions: Sweden as a Case Study” by Julius J. Andersson. American Economic Journal: Economic Policy, Volume 11, No. 4, November 2019
AEJ Best Paper Awards: Comment by NES Professor Sergei Izmalkov
The American Economic Association has announced its list of the 2022 American Economic Journal Best Paper Awards. The papers are selected in four fields: Applied Economics, Economic Policy, Macroeconomics and Microeconomics. We publish commentaries of the NES professors to selected papers from the list. Following is the commentary of Professor Sergei Izmalkov to the winning paper in microeconomics "Is No News (Perceived As) Bad News? An Experimental Investigation of Information Disclosure" by Ginger Zhe Jin, Michael Luca, and Daniel Martin.
Why Competition Is So Weak in Digital Markets: Massimo Motta Lecture Notes
Why is the influence of Google, Apple, Facebook, Amazon and Microsoft so great? Can traditional antitrust policy deal with them? Why are users at risk? Massimo Motta, Research Professor at ICREA-Universitat Pompeu Fabra and at the Barcelona Graduate School of Economics, former Chief Competition Economist of the European Commission, explained in his lecture the key features of today's digital markets. A video of the lecture and the professor’s presentation are available here.
Key Interest Rate Is No Magic Wand
NES Professor Oleg Shibanov spoke in the “Economics Out Loud” podcast about how a central bank can support the economy. Can it accelerate economic growth? When it raises key interest rate – what does it mean? What are the consequences of freezing reserves? We are sharing the main takeaways of the talk.
Collapse of the Soviet Economy: from Stalin Tragedy to Crisis
In the "Economics Out Loud" podcast, Sergei Guriev, Professor of Economics at Sciences Po, and Andrei Markevich, NES professor and co-director of the NES and HSE joint Bachelor's program, discussed with Philip Sterkin the life and economic system in the USSR. Can we talk about the fairness of this system? What did Stalin's industrialization lead to? In what state did the Soviet Union approach the period of reforms? Could there have been a different way of transforming the economy? The main ideas of the podcast follow below.
A Critical Decade for Academic Writing in Russia
In her column for GURU, NES professor Ashley Squires tells about key trends and ideas in the sphere of academic writing as a scholarly discipline in Russia.
Online Changes – how e-commerce affects our lives
Increasingly, people are shopping online instead of going to the store. What effect does this have on the economy? A new issue of "Economics by Ear" with the Rector of the Russian School of Economics by Ruben Enikolopov and managing director of the online hypermarket "Vprok.ru Crossroads" by Leonid Dovladbegyan. They tell us how e-commerce is changing our consumption, how it affects inflation, whether an oligopoly is waiting for us in online trading. We publish the main theses of the issue, and the issue itself is available in the Podcasts section.
NES Alumni Tips: How to Apply for PhD Program
New Economic School alumni Margarita Khvan, who studies health economics at the University of Southern California, and Anna Shchetkina, who is a student of marketing at the Wharton School of the University of Pennsylvania, share their experience of enrolling in PhD programs. Margarita and Anna talk about the admission process, how they blended into university work and life, and discuss their research. How to write motivation letters, how to pass an interview, how to choose a program and a university – they give very useful life hacks for those who want to dedicate themselves to science or are simply interested in studying abroad. We are sharing the most interesting insights that they discussed in the “Economics Out Loud” podcast.
Internet Business: Catching the Last Train or Is It Just the Beginning?
Founder of Joom Group Ilya Shirokov and founder of the Genesis IT company Vladimir Mnogoletny recalled how the e-business was born in Russia, how it got big investments, and made forecasts about its future. They also argued whether the main element in the formula for success is pure luck or luck only comes to those who work hard. What qualities are required to build a large business? How does Russian business become international and why is becoming international sometimes the only chance to save the business and secure its further growth? Why is the experience of others important?
There Will Be More Glass Ceilings: What Is the Near Future of the Venture Capital Market?
A large bank takes over or sells another startup. A mobile operator launches a venture fund, and an oil and gas company establishes an accelerator. Another Russian entrepreneur conquers Silicon Valley. Business and social media are flooded with such news, while unicorns and those trying to reach the billion-dollar estimate are increasingly affecting the economy. General Director of Skolkovo Ventures Vladimir Sakovich and entrepreneur, CEO and co-founder of the Dbrain platform Dmitry Matskevich, both NES alumni, discussed the venture capital business and investments. They shared their own experience, spoke about how the market is going through the pandemic and... debunked some myths.