Sections Programme7-9 April, 2009Pokrovsky Boulevard, 11 Section A Macroeconomic policy Chairperson - E. Gurvich (Economic Expert Group)7 апреля, вторник 15:00 – 16:30Аудитория Г-114 Session A-03Russia's macroeconomic developmentChairperson – I. Korhonen (Bank of Finland)A. Mehrotra, I. Korhonen (Bank of Finland)Output, real exchange rate and oil: Case of four large energy producersH. Simola (Bank of Finland)^ Why are Russian exports so specialised?L. Solanko (Bank of Finland), A. Karas (Roosevelt Academy), T. Juurikkala (World Bank)^ The role of banks in monetary policy transmission: Empirical evidence from RussiaDiscussant – L. Vinhas de Souza (European Commission) 17:00 - 18:30Аудитория Г-114 ^ Session A-04Analysis of Russian economyChairperson – M. Gilman (U-HSE)V. Matveenko (St. Petersburg Institute of Economics and Mathematics, RAS)Proportionate factors and economic growth in a resource-dependent economy ^ S. Prusova, L. Razumnova (Moscow State Linguistic University)Observed comparative advantages of Russia within the BRIC countries (Brazil, Russia, India, China)M. Sirkjärvi (Helsinki School of Economics, Center for Markets in Transition), E. Kerola (Helsinki School of Economics)^ Foreign Direct Investment and Intra Industry Trade in Northwest RussiaО. Eismont (System Analysis Institute, RAS)Analysis of Russian-European gas strategiesDiscussant – С.В. Смирнов (Центр развития) 8 апреля, среда 15:00 – 16:30Аудитория Г-114 ^ Session A-07 Russian Economy Development Models Chairperson – K. Rohland (Всемирный банк)A. Larin, А. Shulgin (U-HSE, Nizhniy Novgorod Branch)^ Econometric testing of the New Keynesian Phillips curve in RussiaА. Shulgin (U-HSE, Nizhniy Novgorod Branch), А. Dementiev, Е. Lozgacheva (U-HSE)Монетарная политика при адаптивном обучении ожиданий в период переходной макроэкономической динамики. Сценарий: Россия 1998-2008^ V. Sokolov (U-HSE), E. Gurvich (Economic Expert Group)Analysis of correlation between the CB exchange rate policy and interest ratesВ.И. Моргунов (Центральный банк Российской Федерации)^ Детерминанты выбора политики валютного курса в условиях таргетирования инфляцииDiscussant – K. Sosunov (U-HSE) 17:00 - 18:30Аудитория Г-408 ^ Session A-08 General macroeconomic problems Chairperson – M. Gilman (U-HSE)R. Ghosal (University of Calcutta, India)^ Cross-country differentials in growth and the role of human capital - an empirical analysis.E. Duzhak (Baruch College, City University of New York), W.A. Barnett (University of Kansas)^ Non-Robust Dynamic Inferences from Macroeconometric Models:Empirical Assessment of Bifurcation Regions within New Keynesian ModelsN. Arefiev (U-HSE)An optimal fiscal policy and accumulation of human capital A. Spiru (Lancaster University Management School)^ Inflation Convergence in Central and Eastern European EconomiesDiscussant – И.Б. Воскобойников (U-HSE) 9 апреля, четверг 10:00 – 11:30Аудитория Г-114 ^ Session A-09Fiscal policyChairperson – L. Yakobson (U-HSE)C. Seidl (University of Kiel, Germany)^ Measurement of Tax Progression with Different Income DistributionsE. Kolomak (Institute of Economics and Organization of Industrial Production, RAS) Tendencies of the sub-federal fiscal policy in RussiaA. Libman (University of Mannheim)^ Constitutions, Regulations, and Taxes: Contradictions of Different Aspects of DecentralizationY. Gou (School of International Relations and Public Affairs, Fudan University)Participatory Budgeting: International Experience and China’s PracticeDiscussant – Е.В. Шкребела (ГУ-ВШЭ, ИЭПП) Section BFinancial CrisisChairpersons: E. Yasin (U-HSE), E. Gurvich (EEG)7 апреля, вторник 15:00 – 16:30Аудитория Г-313 Session B-03^ Crisis and Modernization: Behavior of Economic Agents in Conditions of Narrowing Resource Potentials – 1 Chairpersons: E. Gurvich (EEG), L. Grigoriev (Institute of Energy and Finance)С.Б. Авдашева (U-HSE), А. Shastitko (BEA)A competitive policy in crisis conditions L. Grigoriev (Institute of Energy and Finance), С.М. Плаксин (U-HSE)Изменения интересов экономических агентов в условиях кризиса, проблема и приложенияМ.А. Овчинников (ФАС)Влияние финансового кризиса на реализацию антикоррупционной политики^ Т. Maleva (NISP)The middle class: the social basis of modernization or a group of survival in the crisis? 17:00 - 18:30Аудитория Г-313 ^ Session B-04/1Crisis and Modernization: Behavior of Economic Agents in Conditions of Narrowing Resource Potentials – 2Chairpersons: А. Ausan (ИНП "Общественный договор"), E. Gontmakher (ИНСОР, ГУ-ВШЭ)^ E. Gontmakher (ИНСОР, ГУ-ВШЭ)The global financial & economic crisis and social restructuring in Russia А. Ausan (ИНП "Общественный договор")^ Dynamics of the social contract: critical tendenciesV. Tambovtsev (Lomonosov Moscow State University)Development programs: to the methodology of program elaboration S. Afontsev (Institute of World Economy and International Relations, RAS)^ Strategies of Russia’s social and economic development in crisis conditionsN. Zubarevich (NISP)Regional policy in growth and crisis conditions 17:00 - 18:30Аудитория Г-513 Round Table B-04/2Economic and Financial Instability in the EU and RussiaModerator – L. Vinhas de Souza (DG ECFIN, European Commission)The crisis that started in the United States in the summer of 2007 was heightened by a series of developments in the summer of 2008. From a situation largely localized in the US, it became a truly global downturn, spreading to other mature markets like the EU and also to emerging ones that so far had been largely insulated from the crisis. Russia was one of those emerging markets affected. The consequences for all those affected were a combination of real and financial effects. The objective of this session is to discuss the causes, effects and policy options to deal with the ongoing economic and financial instability, in Russia and also in the EU. This is clearly an essential undertaking and a comparative discussion of this in both areas is justified by the fact that they faced largely common shocks and had similar policy reactions. Additionally, the EU and Russia are truly strategic economic partners. Participants: K.Smits (World Bank), O. Butorina (MGIMO University), A. Moisseev (Renaissance Capital), E.Hotulev (Ministry of Economic Development) ^ 8 апреля, среда 15:00 – 16:30Большой зал КЦ Session B-07/1Financial Crisis in Russia: Sources and Prospects Chairperson – E. Yasin (U-HSE)D. Barnard (OECD)The specificity of the Russian crisis and the anti-crisis programА. Klepach (Ministry for Economic Development of the Russian Federation)^ The policy of the government in the crisis periodE. Gurvich (Economic Expert Group)Mechanisms of the Russian financial crisisЕ. Gavrilenkov (Troika Dialog Investment Company)Forecast scenarios for the Russian economy developmentDiscussant – С.В. Алексашенко (U-HSE) 15:00 – 16:30Аудитория Г-313 Round Table B-07/2Оценка антикризисных мер ПравительстваModerator – L. Yakobson (U-HSE)Ю. В. Симачев ^ (МАЦ, ГУ-ВШЭ) Презентация совместного доклада ГУ-ВШЭ и МАЦ «Оценка антикризисных мер по поддержке реального сектора российской экономике»Participants: А.А. Блохин (ИНСОР), О.В. Фомичев (МЭРТ), А.Е. Шаститко (БЭА) 17:00 - 18:30Большой зал КЦ ^ Session B-08/1Financial Crisis: Causes and Ways OutChairpersons: N. Berzon (U-HSE), О. Vyugin (MDM-Bank, U-HSE)О. Vyugin (MDM-Bank, U-HSE)Macroeconomic reasons for the emergence of the global financial crisisN. Berzon (U-HSE)Economic aftereffects of the global financial crisis for the Russian economyW. Donaldson (Комиссия по ценным бумагам США)Analysis of errors in financial markets regulation and possible modification options^ N. Orlova (Alfa Bank)The future of the Russian banking system after the crisisDiscussant – L. Freinkman (АНХ) 17:00 - 18:30Аудитория Г-313 Round Table B-08/2Институты развития в условиях кризисаModerator – Е.В. Погребняк (ВЭБ)С.А. Васильев (ВЭБ)Роль институтов развития в экономической политике в период кризиса^ Issues for discussion:На каких направлениях должна сфокусироваться политика развития в период кризиса?Как соотносится долгосрочная политика развития и необходимость оперативной реакции на краткосрочные кризисные явления?Новые источники финансирования для проектов развития?Какие возможности для партнерства бизнеса и государства в проектах развития?Participants: А.Р. Белоусов (Правительство РФ), А.Л. Саватюгин (Минфин), А.Е. Бугров (ЗАО "Интеррос"), А.В. Шаронов (Тройка Диалог), Z. Bogetic (World Bank), Л.М. Григорьев (ИЭФ), А.Г. Свинаренко (ГК "Роснанотех"), Т.Ю. Попова (ГК "Фонд содействия реформированию ЖКХ"), П.Г. Щедровицкий (Росатом) 9 апреля, четверг 10:00 – 11:30Аудитория Г-313 ^ Session B-09Analysis of Crisis DevelopmentChairperson – S. Aleksashenko (U-HSE)M. Miller (University of Warwick), J. Stitglitz (Columbia University)^ Leverage and Asset Bubbles: Averting Armageddon with Chapter 11?G. Kuranov, А. Vladimirov (Ministry for Economic Development of the Russian Federation)Financial & economic crises as the conclusion and the start of economic cyclesN. Smorodinskaya (Institute of Economy, Russian Academy of Sciences) ^ Global systemic crisis: lessons of new thinkingM.Р. Салихов (ИЭФ)Взаимодействие финансового кризиса и промышленной рецессииО. Данилин (Ernst&Young)Системный мировой кризис: изменение социально-экономической формации и структуры международных отношенийDiscussant – С.М. Дробышевский (ИЭПП) 12:00 – 13:30Аудитория Г-313 Round Table B-10The Housing Market and the State Housing Policy in Crisis Conditions Moderator – N. Kosareva (“Institute of Municipal Economy” Foundation)Issues for discussion: Analysis and forecast of the main tendencies in the housing market Regional differentiation in the housing market in crisis conditions Adequacy of anti-crisis measures taken in the housing sphere in late 2008- early 2009 Russian residential property market after the crisis Lessons of the crisis: do the strategies of the state housing policy need to be adjusted? Participants: А. Semeniaka (Mortgage Lending Agency), К. Aprelev, G. Sternin (Russian Guild of Real Estate Brokers), О. Ivanov (Russian Banks Association), А. Tumanov (“Institute of Municipal Economy” Foundation), А. Markarian (Glavstroy-Management) 15:00 – 16:30Аудитория Г-313 Round Table B-11К чему ведет глобальный кризис: выбор для России?Moderator – А.Н. Шохин^ (РСПП, ГУ-ВШЭ)Issues for discussion:Кризис – угроза или возможность для построения инновационной модели экономики?Позиция России в пост-кризисной экономической системеАнтикризисные меры Правительства РФ: анализ реального влияния на ситуацию в стране, комментарии и предложенияParticipants: Р.К. Варданян (Тройка-Диалог), Л.Б. Меламед (ОАО "Эффортел"), М.В. Ершов (Росбанк), Д.М. Якобашвили (Вимм-Билль-Данн) Section CFinances and BanksChairpersons: F. Aleskerov, V. Solodkov, М. Nikitin (U-HSE)7 апреля, вторник 15:00 – 16:30Аудитория Г-317 ^ Session C-03Динамические модели финансового сектораChairperson – V. Solodkov (U-HSE)О.В. Салдакеева , Г.Г. Смирнова, С.В. Гельман (U-HSE)Валютные кризисы и структурные сдвиги в автокорреляции на рынках акций стран БРИК.С.А. Брызгалова, С.В. Гельман (U-HSE)Spurious long-range dependence: evidence for market (in)efficiencyM. Nikitin (U-HSE), Р. Смит (Университет Альберты)Bank Spreads and Business CyclesО.В. Коваленко (Центральный банк Российской Федерации)^ Моделирование динамики рыночных процентных ставок российского финансового сектораDiscussant – Е. Колесникова (U-HSE) 17:00 - 18:30Аудитория Г-317 ^ Session C-04Financial Sector ProblemsChairperson – D. Tsomokos (Said Business School, Oxford University)C. Salm, M.T. Bohl, C.A. Salm, M. Schuppli (Westfaelische Wilhelms-University Muenster)Price Discovery in an Emerging Index Futures MarketА. Meshalkina, S. Gelman (U-HSE)The underreaction and overreaction in asset markets with insider tradingM. Schuppli, M.T. Bohl (University of Muenster)Feedback Trading in Chinese Stock MarketsD. Tsomokos (Said business school, Oxford University), C. Goodhart (LSE), A. Vardoulakis (Said Business School, Oxford University)^ Modelling a Housing and Mortgage CrisisЕ.С. Вакуленко, Е.Н. Колесникова, М.Ю. Сердюк (U-HSE)Влияние банковской системы на экономический рост регионовDiscussant – М. Nikitin (U-HSE) 9 апреля, четверг 10:00 – 11:30Аудитория Г-317 ^ Session C-09Financial systems in Russia and emerging EuropeChairperson – Z. Fungacova (Bank of Finland)I. Hasan (Rensselaer Polytechnic Institute), A.N. Berger (University of South Carolina), I. Korhonen (Bank of Finland), M. Zhou (University of Alaska Fairbanks)^ Focus – Diversification and Risk – Return Tradeoff in Banking: Evidence from RussiaL. Weill (Universite de Strasbourg)How Corruption Affects Bank Lending in RussiaZ. Fungacova (Bank of Finland), L. Weill (Universite de Strasbourg)^ How Market Power Influences Bank Failures: Evidence from RussiaE. Kocenda, J. Hanousek (CERGE-EI, Charles University and the Academy of Sciences)Intraday Price Discovery in Emerging European Stock MarketsDiscussant – M. Nikitin (U-HSE) 12:00 – 13:30Аудитория Г-317 ^ Session C-10Эффективность инвестиций и банковChairperson – M. Nikitin (U-HSE)А.Р. Марков, И.Е. Шульга (Всемирный банк)Повышение финансовой грамотности населения России как приоритет публичной политикиТ.В. Теплова, В.Е. Удальцов (U-HSE)Рычаги активизации инвестиционной деятельности в капиталоемких российских компанияхЕ.А. Глушкова, А.В. Верников (U-HSE)Построение границ и оценка масштабов государственного присутствия в банковском секторе РоссииS. Caner, S. Ozyildirim (Bilkent University)Bank Characteristics, Effects of Monetary Policy on the Credit Market: Evidence from the Russian Banking IndustryDiscussant – В.Ю. Белоусова (U-HSE) 15:00 – 16:30Аудитория Г-317 ^ Session C-11Финансовые структурыChairperson – M. Nikitin (U-HSE)O. Talavera (The Robert Gordon University), C. Baum (Boston College), D. Schaefer (DIW-Berlin)^ The Impact of Financial Structure on Firms’ Financial Constraints: A Cross-Country AnalysisП.В. Воробьев (УрГУ)Взаимосвязь между банковским кредитом и темпом расширения производства: как финансовый кризис скажется на экономическом росте в РоссииL. Rangelova-Petkova (University of National and World Economy)^ Performance measurment reporting for increased efficiency of decision making in commercial banks: the case of BulgariaG. Fraquelli, F. Erbetta, A. Menozzi (Universit? del Piemonte Orientale "A. Avogadro"), G. Corbetta (Universit? "L. Bocconi")^ Family Ownership and Technical Efficiency: Evidence from the Italian IndustryDiscussant – А.М. Карминский (МГТУ, ГУ-ВШЭ, РЭШ) 17:00 - 18:30Аудитория Г-317 ^ Session C-12Efficiency of Banks and Companies Chairperson – V. Solodkov (U-HSE)F. Aleskerov, V. Belousova V. Solodkov (U-HSE), А. Ovcharov (Bank of Moscow)Analysis of the effect of Russian commercial banks’ size and typology on cost management efficiency А.А. Пересецкий (ЦЭМИ РАН, РЭШ)Техническая эффективность банков. Россия и КазахстанА.М. Карминский^ (МГТУ, ГУ-ВШЭ, РЭШ)Рейтинги компаний и их моделированиеС.В. Головань (РЭШ)Сравнение эффективности банков России и ТурцииDiscussants: С.В. Головань (РЭШ), V. Belousova (U-HSE) Section D State Governance Chairpersons: А. Barabashev, А. Klimenko (U-HSE)^ 8 апреля, среда 15:00 – 16:30Аудитория Г-513 Round Table D-07Analytics and Managerial Decision Making: Trends, Organizational Forms, Mechanisms of Interaction with State and Municipal Authorities Moderators: А. Klimenko, А. Barabashev (U-HSE)Issues for discussion:Specificity and functioning forms of Think Tanks, research centers and universities as analytical centers International activity of analytical centers Analytical centers and leadership Analytical support of managerial decisions at the regional and local levels Risk analysis of decision-makingParticipants: B. Ruble (Kennan Institute), E. Peck (University of Birmingham), M. Pirog (Indiana University, Professional Public Management Journal), A. Campbell, E. Campbell-Denezhkina (University of Birmingham), P. Dezendorf (Western Carolina University), A. Rubienska, P. Jackson (University of Birmingham) 17:00 - 18:30Аудитория Г-513 ^ Session D-08Quality of Government Services Chairperson – А. Klimenko (U-HSE)А. Klimenko, А. Zhulin (U-HSE)“Quality of government services: monitoring results, priorities in crisis conditions”С.М. Плаксин, О.С. Иванова (U-HSE)Практика исполнения государственных функций с привлечением экспертных организацийЕ. Podkolzina, А. Balcevich (U-HSE)Administrative regulations as mechanisms of control in the bodies of executive authorityЕ. Kapoguzov (F.M. Dostoevsky Omsk State University)Monitoring the results of administrative reform activities (On the example of Omsk Oblast)Discussant – Ж. Шатильон (Университет Сорбонна, Франция) ^ 9 апреля, четверг 10:00 – 11:30Аудитория Г-513 Session D-09State Procurement: Formal Procedures and Informal Mechanisms – 1Chairperson – A. Yakovlev (U-HSE)F. Aleskerov (U-HSE)^ Schemes of manipulation in holding tendersА. Belenky (MIT, “Basic Engineering Systems” Center)One rule of determining a winner in closed tenders and its mathematical propertiesА. Ivanov (St. Petersburg State University)^ Buyer's auction in state procurement: the history of one misconceptionDiscussant – М. Yudkevich (U-HSE) 12:00 – 13:30Аудитория Г-513 ^ Session D-10State Procurement: Formal Procedures and Informal Mechanisms – 2Chairperson – А.Т. Шамрин (U-HSE)A. Yakovlev (U-HSE)What firms participate as suppliers under the government orders in Russia?Å. Grødeland (Christian Michelsen Institute)^ Informal Relations in Public ProcurementI. Kuznetsova (U-HSE)Monitoring results of the government order placement in 2006-2008: main results and problems of state procurement reform in RussiaDiscussant – H. Pleines (University of Bremen) 15:00 – 16:30Аудитория Г-513 ^ Session D-11Земля, жилье, коммунальный секторChairperson – С.Б. Сиваев (ИЭГ)А.Я. Бурдяк (НИСП)Субъективные и объективные оценки жилищной обеспеченности российских домашних хозяйств Р.А. Мартусевич (ВЭБ), И.А. Мартусевич (ИЭГ)Рыночные механизмы финансирования коммунальной инфраструктуры и роль ВнешэкономбанкаЛ.Э. Лимонов (МЦСЭИ "Леонтьевский Центр")^ Собственность на землю и градостроительство: взгляд на «особый путь» России с позиций неоинституциональной экономической теории.Discussant – Э.К. Трутнев (ИЭГ) 17:00 - 18:30Аудитория Г-513 Round Table D-12Государственная служба: современное состояние и перспективыModerators: А.В. Оболонский, A. Barabashev (U-HSE)Issues for discussion:Перспективы дальнейшего развития государственной гражданской службыАкторы реформирования государственной службыПрофессионализация государственной службыЭффективность и результативность служебной деятельностиПрофессиональная подготовка кадров для государственной службыParticipants: Н.М. Ижа (Национальная академия государственного управления при Президенте Украины), Т.И. Пахомова (Одесский государственный институт государственного управления), В.А. Федоров (РУДН), М.А. Чекин, В.А. Январев, А.С. Петров (U-HSE), В.Н. Фальков (Тюменский ГУ), А.В. Конов, Д.С. Шмерлинг (U-HSE) Section E Development of Education Chairperson – I. Froumin (U-HSE, Всемирный банк)^ 7 апреля, вторник 15:00 – 16:30Аудитория Г-510 Session E-03Сравнительный анализ качества высшего образования в глобальной экономике знанийChairperson – I. Froumin (U-HSE, Всемирный банк)M. Carnoy (Stanford University)^ Higher Education in the Global Knowledge EconomyJ. Tilak (National University for Educational Planning and Administration, Delhi, India)Engineering Education in India: Quality and ExpansionP. Loyalka (Chinese Institute for Educational Finance, Peking University, China)^ Engineering Education in China: University-Industry RelationsM. Dobryakova (U-HSE), I. Froumin (U-HSE, World Bank)Higher Education in Russia: Incentives for ChangeDiscussants: А.Е. Волков (Московская школа управления "Сколково"), Д.В. Ливанов (МИСиС) 17:00 - 18:30Аудитория Г-510 Round Table E-04^ Effects from the Realization of the “Education” Priority National Project (EPNP) Moderators: I. Abankina (U-HSE), V. Bolotov (Russian Academy of Education (RAE), U-HSE)Issues for discussion:Was EPNP instrumental in launching innovative processes into education? External effects of EPNP: what is the influence of EPNP on the economy, society and regional development? Which new mechanisms developed within the EPNP framework proved to be efficient?Participants: А. Adamsky (“Eureka” Institute for Educational Policy), Е. Soboleva (National Foundation for Personnel Training - NFPK), I. Remorenko (Ministry of Education and Science of the Russian Federation),Т.В. Абанкина (U-HSE), И.А. Рождественская (Институт региональных исследований), Н.Г. Типенко (Центр универсальных программ), М.М. Мусарский (Московский институт открытого образования) ^ 8 апреля, среда 15:00 – 16:30Аудитория Г-510 Session E-07Восприятие человеком экономической реальности, смыслы и стратегии экономического поведенияChairperson – В.М. Мунипов^ (РАО, МГППУ)И.Н. Семенов (U-HSE)Человеческий капитал и человеческий фактор производительности труда: психологические аспектыА.К. Болотова (U-HSE)^ Стратегии тайм-менеджмента как экономический ресурс специалистаЮ.Г. Овчинникова (U-HSE)Особенности переживания кризиса идентичности на фоне экономического кризисаВ.П. Зинченко (U-HSE)^ Поведение в свете (темноте) аффекта и интеллектаЕ.В. Тугарева (ИП РАН)Восприятие мира материальных ценностей как фактор экономического поведенияDiscussant – Ф.В. Соркин (МИРЭА) 17:00 - 18:30Аудитория Г-510 Round Table E-08Экономический кризис и система образованияModerator – С.М. Гуриев (РЭШ) Презентация доклада ГУ-ВШЭ «Вероятное воздействие кризиса на систему образования» Докладчик – Я.И.Кузьминов (U-HSE) Participants: В.Н. Княгинин (ЦСР «Северо-Запад»),^ К.Б. Василье Section G Theoretical Economics Chairperson – К. Sonin (NES)7 апреля, вторник 15:00 – 16:30Малый зал КЦ ^ Honorary report G-03Eric Maskin (Prinston University) Mechanism DesignChairperson – F. Aleskerov (U-HSE)Eric Stark Maskin is an American economist and Nobel laureate recognized with Leonid Hurwicz and Roger Myerson "for having laid the foundations of mechanism design theory". He is the Albert O. Hirschman Professor of Social Science at the Institute for Advanced Study, and a visiting lecturer with the rank of Professor at Princeton University. Maskin was born in New York City, New York on December 12, 1950, and grew up in Alpine, New Jersey. He graduated from Tenafly High School in Tenafly, New Jersey in 1968, and attended Harvard University where he received his A.B. in Mathematics and Ph.D. in Applied Mathematics. After he earned his doctorate, Maskin went to the University of Cambridge in 1976 where he was a research fellow at Jesus College, Cambridge. He taught at Massachusetts Institute of Technology from 1977-1984 and from 1985-2000 at Harvard University, where he was the Louis Berkman Professor of Economics. In 2000, he moved to the Institute for Advanced Study in Princeton, New Jersey.Maskin has worked in diverse areas of economic theory, such as game theory, the economics of incentives, and contract theory. He is particularly well known for his papers on mechanism design/implementation theory and dynamic games. His current research projects include comparing different electoral rules, examining the causes of inequality and studying coalition formation. He is a Fellow of the American Academy of Arts and Sciences, Econometric Society, and the European Economic Association, and a Corresponding Fellow of the British Academy. He was president of the Econometric Society in 2003. 17:00 - 18:30Малый зал КЦ ^ Session G-04Models of Economic DevelopmentChairperson – S. Kokovin (Novosibirsk State University)V. Polterovich (Central Economic & Mathematics Institute, RAS)The problem of establishing the national innovation systemN. Suslov (Institute for Economics and Organization of Industrial Production, RAS, Siberian Branch)^ Social heterogeneity, institutes and economic development: experience of inter-country analysisА. Knobel (Institute of Transition Economy)Vertical integration, technological confinement of production facilities, opportunistic behavior and economic growthDiscussant – Н.Г. Арефьев (U-HSE) 9 апреля, четверг 10:00 – 11:30Аудитория Г-401 ^ Session G-09Theory of Decision-MakingChairperson – V. Polterovich (CEMI RAS)А. Apokin (Center for Macroeconomic Analysis and Short-Term Forecasting), М. Yudkevich (U-HSE)Reasons for student employment: education signaling upside downА. Vasin (Lomonosov Moscow State University), А. Sharikova (ООО "UBS Bank")Market power” of companies within one-stage and two-stage markets: comparative analysisS. Kokovin (Novosibirsk State University), B. Nahata (University of Louisville, Kentucky), E. Zhelobodko (Novosibirsk State University)^ Solution Structures in Screening Without Single-crossing Condition: Graph-theory RepresentationK. Sonin (New Economic School), I. Khovanskaya (U-HSE)^ The Political Economy of Faculty SelectionDiscussants: А. Suvorov (NES), A. Yurko (U-HSE), G. Egorov (Гарвардский университет), M. Dodlova (U-HSE) 12:00 – 13:30Аудитория Г-401 ^ Session G-10Rational Behavior Chairperson – F. Aleskerov (U-HSE)A. Sandroni (University of Pennsylvania), T. Feddersen (Northwestern University), V. Cherepanov (University of Pennsylvania)RationalizationU. Schmidt (University of Kiel), J. Hey, A. Morone (University of Bari)^ Noise and Bias in Eliciting PreferencesS. Morfov (U-HSE)Permanent Separations and Optimal Compensation with History-Dependent Reservation UtilitiesP. Yared (Columbia University - Graduate School of Business)^ Optimal Debt Management and RedistributionDiscussants: А.В. Савватеев (РЭШ), М. Yudkevich (U-HSE) 15:00 – 16:30Аудитория Г-401 ^ Session G-11Market Power and Strategic Behaviour in Oligopolistic IndustriesChairperson – А. Suvorov (NES)A. Yurko (U-HSE), A. Whinston, M. Lin (Red McCombs School of Business, University of Texas at Austin)^ Market Structure and Innovation in Dynamic MarketsO. Bertrand (St. Petersburg Graduate School of Management, Toulouse School of Economics)Effects of foreign acquisitions on R&D activity: some evidence from firm-level dataI. Muraviev (U-HSE)^ Equilibrium Configurations of Distribution Channels in Bilaterally Oligopolistic IndustriesA. Belianin, R. Chustusian (U-HSE)Entry and strategic behaviour in the Russian airline marketDiscussant – S. Izmalkov (NES) 17:00 - 18:30Аудитория Г-401 ^ Session G-12Issues of Games Theory Chairperson – S. Izmalkov (NES)A. Savvateev (New Economic School), M. Le Breton (University of Toulouse I - GREMAQ-IDEI), A. Bogomolnaia (Rice University), S. Weber (Southern Methodist University)Heterogeneity Gap in Stable Jurisdiction StructuresN. Cuffaro (University of Cassino)^ Exports of Credence Goods and Consumers' Trust. A Development PerspectiveDiscussants: K. Sonin (New Economic School), А. Belianin (U-HSE), G. Egorov (Гарвардский университет) Section HPolitical ProcessesChairpersons: F. Aleskerov (U-HSE), K. Sonin (New Economic School)^ 8 апреля, среда 15:00 – 16:30Аудитория Г-604 Session H-07Политическая среда и голосованиеChairperson – F. Aleskerov (U-HSE)R. Enikolopov, E. Zhuravskaya , M. Petrova (NES)Media and Political Persuasion: Evidence from RussiaR. Kaufman (Rutgers University)^ The Latin American Left and the Commodity Boom: The Populist TemptationD. Treisman (UCLA)Twenty Years of Competitive Elections in Russia: tracing the patterns in votingDiscussants:^ V. Polterovich (ЦЭМИ РАН), D. Woodruff (London School of Economics), А. Karpov (U-HSE) 17:00 - 18:30Аудитория Г-604 ^ Session H-08Политическая среда и институты в переходных экономикахChairperson – В.В. Попов (РЭШ)D. Woodruff (London School of Economics)^ Constitutional Constraints and Property RightsV. Dombrovsky (Stockholm School of Economics in Riga)Campaign Contributions and Firm Performance: The Latvian WayA. Yakovlev (U-HSE)^ State-Business Relations and Improvement of Corporate Governance in RussiaЕ.О. Пахомова (Кемеровский ГУ, Администрация Кемеровской обл), Е.В. Гоосен (Кемеровский ГУ)Институт банкротства как альтернативный инструмент финансовой поддержки сельскохозяйственных предприятий КузбассаDiscussants: G. Jordan (University of California, Berkeley), А.В. Верников (U-HSE) 9 апреля, четверг 10:00 – 11:30Аудитория Г-604 ^ Session H-09Модели голосованияChairperson – R. Kaufman (Rutgers University)D. Karabekian, F. Aleskerov (U-HSE), R. Sanver (Istanbul Bilgi University), V. Yakuba (ИПУ РАН)Манипулируемость правил голосованияМ. Batsyn,V. Kaliagin (U-HSE, Nizhny Novgorod branch)A general approach to influence measurement in collective decision-making bodiesА. Karpov (U-HSE)Methods of proportionate representation: specificities of representation in the terms of rational choice А. Sokolova (U-HSE) ^ Quantitative methods of assessing the influence of participants in collective decision-making Discussant – К.Б. Погорельский (U-HSE) 12:00 – 13:30Аудитория Г-604 ^ Session H-10Voting and Institutions Chairperson – K. Sonin (New Economic School)G. Egorov (Harvard), D. Acemoglu (MIT), K. Sonin (NES)^ Do Juntas Lead to Personal Rule?М. Dodlova (U-HSE)Political Accountability and Real Authority of Government BureaucracyG. Tsebelis (University of Michigan)^ Democratic Peace Revisited: It is Veto PlayersП.Ю. Чеботарев, А.К. Логинов, Я.Ю. Цодикова, З.М. Лезина, В.И. Борзенко (ИПУ РАН)Голосование в стохастической среде: случай двух группDiscussant – D. Karabekian (U-HSE) Section I Experiments Chairperson – А. Belianin (U-HSE)7 апреля, вторник 17:00 - 18:30Аудитория Г-604 ^ Session I-04Experiments Chairperson – А. Belianin (U-HSE)F. Aleskerov, А. Belianin, К. Pogorelsky (U-HSE)“Influence with account of preferences: an experimental approach”E. Tougareva (Institute of Psychology RAS)^ Methodological error of experimental economics: it is wrong to judge about motivation of economic behaviour relying only on observed behaviour.S. Traub (Universitaet Bremen), P. Hammond (University of Warwick)^ Attention, Revealed Preferences, and Consequentialist BehaviorDiscussant – I. Menshikov (CC RAS) Section JEconomic History Chairperson – О. Ananin (U-HSE)7 апреля, вторник 15:00 – 16:30Аудитория Г-606 ^ Session J-03Economic History – 1Chairperson – V. Avtonomov (U-HSE)N. Nenovsky (University of Sofia), L. Fantacci (Bocconi University)^ Russian Monetary Thought and Monetary Reforms in Long Historical PerspectivesL. Borodkin (Lomonosov Moscow State University), G. Perelman (St. Francisco University)The stock index in pre-revolutionary Russia and its dynamics at different phases of the economic environment circle К. Fursov (Institute of Economics, RAS)^ European East India Companies: a driver and a hindrance to capitalismB. Shpotov (Institute of World History, RAS)Western sources of Soviet industrialization (late 1920-s – 1930-s)Discussants: А. Markevich, А.П. Горяев (NES) 17:00 - 18:30Аудитория Г-606 ^ Session J-04Economic History – 2Chairperson – О. Ananyin (U-HSE)М. Beznin, Т. Dimoni (Vologda State Pedagogical University) Capitalization of the rural agrarian subsystem in XX century Russia: sources, dynamics, social transformationsМ. Vdovin (U-HSE)Agricultural and economic crisis in XVI c. Russia: the effect of the land ownership institution on economic developmentS. Bespalov (Institute of Scientific Information on Social Sciences, RAS)^ Problems of Russia’s agrarian modernization on the background of conservative public thinking at the turn of the XIX - XX centuriesDiscussant – А. Markevich (NES) Section K Management Chairpersons: Т. Dolgopiatova, А. Efendiev (U-HSE)9 апреля, четверг 10:00 – 11:30Аудитория Г-601 ^ Session K-09Institutes of Corporate Strategic Management: Modernization on the Background of the Crisis Chairperson – G. Kleiner (Central Institute of Economics and Mathematics, RAS) G. Kleiner (Central Institute of Economics and Mathematics, RAS)^ Crisis of corporate management and the world financial crisis in the light of a systemic paradigmV. Katkalo (Graduate School of Management, St. Petersburg State University)Inter-company institutes of strategic management: the evolution of the phenomenon’s studiesI. Gurkov (U-HSE), З.Б. Саидов, А.С. Гольдберг (U-HSE)Competitive strategies in crisis conditionsS. Kadochnikov, L. Ruzhanskaia (Ural State University)The State and the modernization of the strategic corporate management function in Russian companiesDiscussants: R. Kachalov (Central Institute of Economics and Mathematics, RAS), S. Avdasheva (U-HSE) 12:00 – 13:30Аудитория Г-601 ^ Session K-10Social Organization of Business: Powers and Trust within an organization Chairperson – А. Efendiev (U-HSE)Е. Balabanova (U-HSE)Power relationships in Russian business organizationsА. Temnitsky (Moscow State Institute of International Relations (MGIMO-University))Socio-cultural factors of raising labor productivity of workers at modern Russian machine building plants^ V. Minina, О. Nebogina (St. Petersburg State University), Trust as an asset of an organization: methodological aspects of measurementV. Yakubovich (Pennsylvania University), S. Shekshnia (INSEAD)The formal structure of informal networks in a Russian corporationDiscussant – Л.Г. Миляева (Алтайский ГТУ) 15:00 – 16:30Аудитория Г-601 ^ Session K-11Human Resources Management Chairperson – А. Efendiev (U-HSE)А. Moskovskaya (U-HSE)The role of business in the formation of the Russian professional modelV. Kabalina (ОАО GMK “Norilsk Nikel”)Corporate social responsibility as a new philosophy and a technology of company management and the Russian practice M. Ehrnrooth, I. Björkman (Hanken School of Economics)Relation between Human Resource Management and employee performanceК. Reshetnikova (U-HSE)^ Specificities of Russian companies’ organizational structureDiscussant – Е.В. Шадрина (Пермский филиал ГУ-ВШЭ) 17:00 - 18:30Аудитория Г-601 ^ Session K-12Economic Behavior of Companies Chairperson – И.В. Липсиц (U-HSE)V. Radaev (U-HSE)How could conflicts in Russian retail be explained: an empirical analysis of relations between retail chains and their suppliersV. Sarycheva (St. Petersburg State University)^ Company growth on the basis of dynamic abilities: empirical survey resultsG. Gradoselskaia (U-HSE)Network analysis in the assessment of the organizational efficiency of Russian companiesО.К. Ойнер, Л.С. Латышева (U-HSE)Рыночно-ориентированное поведение российских компаний - кризис как катализатор переменDiscussant – О.А. Третьяк (U-HSE) Section LCorporate Governance Chairpersons: Т. Dolgopiatova, I. Ivashkovskaia (U-HSE)7 апреля, вторник 15:00 – 16:30Аудитория Г-609 ^ Session L-03Corporate GovernanceChairperson – S. Bhattacharya (London School of Economics)O. Lazareva (CEFIR), T. Summanen (KPMG, Helsinki)^ Emerging Boards of Directors: Board Behavior, Functions and Firm PerformanceC. Sprenger (U-HSE)The Effects of Shareholder Disagreement under Majority VotingS. Stepanov ^ (NES, CEFIR), A. Suvorov (NES)Agency Problem and Ownership Structure: Outside Blockholder As a SignalA. Muravyev (Institute for the Study of Labor)^ Investor protection and stock value: Evidence from statutory rules governing variations of shareholders’ class rights in RussiaDiscussants: A. Muravyev (Institute for the Study of Labor), S. Morfov (U-HSE), А. Settles (U-HSE) 8 апреля, среда 15:00 – 16:30Аудитория Г-609 ^ Session L-07Corporate Financial Architecture, Boards of Directors and Corporate PerformanceChairperson – A. Settles (U-HSE)J. McCahery, Z. Sautner (Amsterdam university), L. Starks (University of Texas)^ Beyond the scenes: the corporate governance preferences of institutional investorsV. Bokov, A. Vernikov (U-HSE)How better to evaluate banking businesses in Russia for empirical studies?I. Ivashkovskaya, A. Stepanova (U-HSE)What do we know about optimal corporate financial architecture? Comparative study of European, Russian and other emerging markets firmsЮ.Б. Ильина, И.В. Березинец (СПбГУ)Трансформация организационно-правовых форм акционерных обществ и проблемы корпоративного управления: результаты эмпирического исследования крупных российских компанийDiscussants: I. Rodionov (U-HSE), И.В. Березинец (СПбГУ) 17:00 - 18:30Аудитория Г-609 ^ Session L-08Intellectual capital and corporate performanceChairpersons: I. Ivashkovskaia (U-HSE), J. McCahery (Amsterdam University)A. Settles (U-HSE)^ Corporate Governance, Strategic Leadership and Innovation: Creating a Virtuous Cycle to Insure Accountability of ManagersI. Ivashkovskaya, E. Baiburina (U-HSE)Does intellectual capital affect the value of the companies in emerging market? Empirical study of Russian companiesD. Russell (Ecole Superior de Gestion of Paris Graduate School of Management)^ Reputation as a Director Asset: What Kind of Firms Value an Activist Director?E. Vali (Copenhagen Business School)Analysts’ Optimism & Nonfinancial InformationDiscussants: А.З. Бобылева (МГУ), J. McCahery (Amsterdam University) ^ 9 апреля, четверг 10:00 – 11:30Аудитория Г-609 Session L-09Corporate Social Responsibility: Russia in a Global Context Chairperson – L. Polischuk (U-HSE)V. Kryukov (U-HSE), А. Sevastianova, V. Shmat (Institute of Economics, Siberian branch, RAS)Social responsibility of extracting companies in the North in the context of the changing economic conditions in RussiaS. Mizobata (Kyoto University )^ Divergent and convergent paths of corporate social responsibility: a comparison of Russia and JapanL. Polischuk (U-HSE)Corporate social responsibility or government regulation: the choice of RussiaA. Settles (SU-HSE)Corporate social responsibility impact on foreign direct investment practices of Russian multinational corporations: Do MNCs with better CSR practices have lower cost of OFDI?Discussant – Section MSmall Business Chairperson – А. Chepurenko (U-HSE)9 апреля, четверг 12:00 – 13:30Аудитория Г-609 ^ Session M-10Development of Entrepreneurship and the Human Factor: Russia and the CEE countries Chairperson – А. Chepurenko (U-HSE)U. Venesaar (Tallinn University of Technology)^ Entrepreneurship and SME Development in EstoniaО. Obraztsova (U-HSE)Early entrepreneurhsip in Russia and in the CEE and BRIC countriesYu. Filatova (MAGRAM Market Research Agency), Е. Murzacheva, L. Mulukova (U-HSE)Results of a survey of early entrepreneurial activity in Russia and the CEE countriesМ. Gabelko (U-HSE)Perceived Entrepreneurial Framework Conditions in Russia: regional comparisonDiscussant – А. Vilensky ^ (IE RAS, U-HSE ) 15:00 – 16:30Аудитория Г-609 Session M-11Entrepreneurship and Regional Development Chairpersons: ^ L. Ruzhanskaya (Ural State University), Т. Alimova (U-HSE)N. Kostyleva, L. Ruzhanskaya, Т. Tychinskaya, А. Scherbinina (Ural State University)Small business in the Urals: entrance barriers and development prospectsО. Verkhovskaya, М. Dorokhina (St. Petersburg State University)Entrepreneurial activity in major cities: analysis results on the basis of the Global Entrepreneurship Monitoring ProjectТ. Alimova (U-HSE)^ The entrepreneurial potential of Russian population: are there prospects for growth?G. Shirokova, А. Shatalov (St. Petersburg State University)Growth factor analysis of Russian entrepreneurial companiesDiscussants: Т. Dolgopiatova (U-HSE), E. Hansen (USA-Russia Entrepreneurship Center) Section NCompetitiveness, Productivity, Industrial Policy Chaiperson – A. Yakovlev (U-HSE)^ 7 апреля, вторник 15:00 – 16:30Большой зал КЦ Round Table N-03/1Эффективная Россия: как повысить производительностьModerator – E. Yasin (U-HSE)В. Клинцов, И. Швакман (Мак Кинзи)Эффективная Россия: как повысить производительностьParticipants: Б.В. Кузнецов (МАЦ), В.А. Сальников (ЦМАКП) 15:00 – 16:30Аудитория Г-408 ^ Session N-03/2Dynamics of Production and Productivity Factors in Russian Economy Chairpersons: V. Bessonov, R. Kapelyushnikov (U-HSE)R. Kapelyushnikov (Center for Labor Studies, U-HSE)Labor productivity and the cost of labor force: how statistical illusions are born^ V. Bessonov (U-HSE), I. Voskoboinikov (University of Groningen, U-HSE), Е. Dryabina (U-HSE)Aggregate factor productivity and alternative assessments of the capital assets dynamicsT. Paas, U. Varblane (University of Tartu, Estonia)Sectoral structure and path-dependence as the determinants of the countries’ aggregated productivity levelDiscussant – А.В. Полетаев (U-HSE) 17:00 - 18:30Большой зал КЦ Round Table N-04/1Россия XXI: производительность и человеческий факторModerator – Е.А. Солженицын (МакКинзи)Е.Г. Ясин, Я.И. Кузьминов, В.А. Бессонов, V. Gimpelson (U-HSE)Россия XXI: производительность и человеческий факторIssues for discussion:Как преодолеть отставание российской экономики по производительности труда от наиболее развитых стран?Экономический рост в России в обозримой перспективе возможен лишь за счет опережающего роста производительности трудаИсточником роста производительности в ближайшие десятилетия могут быть факторы, связанные с культурными и институциональными изменениями, развитием человеческого капитала.Participants: Б.В. Кузнецов (МАЦ), В.А. Сальников (ЦМАКП) 17:00 - 18:30Аудитория Г-408 Round Table N-04/2Leveraging Skilled Diasporas for Home Country Development: Lessons for and from RussiaModerator – A. Yakovlev (U-HSE)Y. Kuznetsov (World Bank), L. Freinkman (Academy of National Economy), K. Gonchar (U-HSE)From Brain Drain to Brain Circulation: Emerging Stylized Facts and its Possible Implications for RussiaA. Saxenian (University of California, Berkeley)^ Talent abroad for institutional development at home: evidence from Taiwan, India and other countriesD. Popov (U-HSE), I. Fedukin (CEFIR), I. Froumin (World Bank, U-HSE), S. Tvorogova (U-HSE)Leveraging Russia’ talent abroad in Social Sciences: Evidence from a Survey^ Issues for discussion:What is the evidence to support the emergence of so-called ‘brain circulation’ networks of technology professionals in Russia and world-wide? Governments tend to be both a constraint and enabling factor to leverage technological diasporas. Which are the segments of the Russian government the diaspora can engage with? Given all the familiar constraints and limitations of the Russian government (rigid procedures etc), how can it play a constructive role in leveraging Russian scientific and technical talent abroad? Participants: I. Bortnik (Russia’ Innovation Fund), I. Sterligov (U-HSE) ^ 9 апреля, четверг 10:00 – 11:30Аудитория Г-408 Session N-09 Regional Markets, Investment, Innovations – 1Chairperson – S. Kadochnikov (Ural State University)M. Krammer (Rensselaer Polytechnic Institute)“^ International R&D spillovers in transition countries: the impact of trade and foreign direct investment on productivity in Eastern Europe and Central Asia”S. Kadochnikov, P. Vorobiev, Yu. Legkaya, N. Davidson (Ural State University)FDI Concentration in Russian Regions: the Impact on Enterprise Productivity M. Betschinger (U-HSE)^ Are Bilateral Investment Treaties and Development Aid Home Government Policy Substitutes for Promoting FDI Activities? Discussant – С.В. Голованова (Нижегородский филиал ГУ-ВШЭ) 12:00 – 13:30Аудитория Г-408 ^ Session N-10Regional Markets, Investment, Innovations – 2Chairperson – K. Gonchar (U-HSE)D. Faikov (Sarovo State Physics and Technology Institute)^ Building an innovation cluster model on the example of a closed administrative-territorial entity S. Mitsek, Е. Mitsek (Гуманитарный университет, Екатеринбург))Econometric assessments of investment into the capital assets on the basis of panel data by Russian regionsЕ. Kitanina (Baker & McKenzie - CIS, ltd)^ Concession agreements as investment agreements with participation of the stateDiscussant – П.В. Воробьев (УрГУ) 15:00 – 16:30Аудитория Г-408 ^ Session N-11Competitiveness and CompetitionChairperson – S. Avdasheva (U-HSE)V.