Tag «economics»

On November 26, Thomas Piketty, a famous French economist, delivered a lecture at HSE and presented the Russian edition of his best-selling book Capital in the Twenty-First Century. The event was organized by HSE Laboratory for Studies in Economic Sociology and Moscow Centre for Franco-Russian Research (Centre d’études franco-russe de Moscou - CEFR) with the support of French Embassy in Russia and French Institute (Institut Français).

In Russia, the demand for migrant workers is highest in economically developed and resource-extracting regions, in areas with low population density, and in construction and industrial companies. Employers prefer to hire low-skilled migrants with no education beyond secondary school and limited work experience of less than a year, since these workers are much cheaper than locals. These are some of the findings from a study by Elena Vakulenko, Assiant Professor at the Department of Applied Economics, HSE Faculty of Economic Sciences, and HSE student Roman Leukhin.

On November 6 and 7 ICEF and the International Laboratory of Financial Economics (LFE) held the Fourth International Moscow Finance Conference. Christian Julliard, Academic Director of LFE, has talked to HSE News Service about the conference and about the education of future economists at the International College of Economics and Finance.

At the beginning of ‘Nobel Week,’ HSE Professor Konstantin Sonin gave his traditional prediction on his blog, forecasting who might win this year’s Nobel Prize in Economics. The winner will be determined on October 12.

Mikhail Savkin an ICEF alumnus is Global Strategy & Development Director at Schneider Electric in France. He talked to the HSE website about his education and his career.

The current crisis in Russia is different from all others in its heightened uncertainty and unpredictable consequences, and recent events are comparable to the transformative crisis that occurred in Russia in the 1990s, the Director of the Centre of Development Institute, Natalia Akindinova, and HSE Academic Supervisor Evgeny Yasin said in their paper ‘A New Stage of Economic Development in Post-Soviet Russia.’ The researchers propose four possible scenarios for how the Russian economy might change, the most probable of which, they posit, is a so-called ‘mobilisation scenario.’

Russian firms prefer to freeze rather than cut employee wages during crises, reasoning that high inflation will cause real wages to drop anyway, while nominal wage cuts may prompt valued employees to leave, suggests Alexander Larin, Senior Lecturer at the Faculty of Economics, HSE Branch in Nizhny Novgorod, in his paper 'Downward Nominal Wage Rigidity: Unions' Achievement or Employers' Choice?'

Students who choose to pursue a master's or postgraduate degree are at a distinct advantage over those who stop after receiving a bachelor's degree, and can expect higher starting salaries and a wider career choice. Some students, particularly those studying the humanities, medicine, and natural sciences, are more likely to pursue further studies beyond the undergraduate programme, observes Yana Roschina, senior research fellow at the HSE's Laboratory of Economics and Social Research, in her report 'Factors Influencing Russian Students' Educational and Employment Plans'.