Sergei M. Guriev

Personal Information Date of birth: October 21, 1971 E-mail: [email protected] Homepage: http://www.nes.ru/~sguriev/

Research Interests Contract theory, corporate governance, theory of corruption, labor mobility, political , transition economics

Current Position and Affiliations Since 1999 Rector (since 2004) Professor of Economics (since 2008), Associate Professor of Economics (tenured, since 2004), Vice-Rector for Strategic Development (2002-04), Assistant Professor of Economics (1999-2004), , Moscow Since 2000 President (since 2005), Lead Economist, Center for Economic and Financial Research at the New Economic School, Moscow Since 1999 Research Fellow (since 2010), Research Affiliate (1999-2010), Center for Economic Policy Research, London

Education and degrees 2002 Russian Academy of Science Degree: Doctor of Science in Economics (habilitation degree) Thesis: Non-Monetary Transactions in Russian Economy 1993-94 Russian Academy of Science, Postgraduate Studies Degree: Ph.D. (Candidate of Science) in Physics and Math, Thesis: Some Mathematical Models of Saving and Investment 1988-93 Moscow Institute of Physics and Technology (MIPT), 6 year program Department of Management and Applied Mathematics, GPA: 5.0 out of 5.0 Degree: Master of Science Summa Cum Laude Major: Economics and Computer Science 1992-93 MIPT Management School (2 year program) GPA: 5.0 out of 5.0 Degree: Postgraduate Certificate in Management Major: Management Accounting Work Experience 2003-2004 Visiting Assistant Professor of Economics, Department of Economics, 1998-2000 Senior Economist (part-time), Russian-European Center for Economic Policy 1998-99 Lecturer in Economics, New Economic School 1997-98 Visiting Scholar, Department of Economics, Massachusetts Institute of Technology 1993-98 Senior Research Fellow (since 1997), Department of Mathematical Modeling of Economic Systems, Computing Center of Russian Academy of Science 1994-97 Lecturer in Economics, Associate Professor (since 1996), Chair of the Department of Economics (since 1997), International College, Moscow State University 1995-97 Researcher and Program Manager for , TACIS Action for Cooperation in Economics, Project T94-1072-R "The impact of differing labor standards on the international trade in the New Independent States and European Union" 1993-95 Lecturer and Module Leader, Management Information Systems, M.B.A. program, Russian-British Business School, Moscow Institute of Physics and Technology

Awards, scholarships, individual grants 2010 Best Independent Director, Association of Managers of Russia 2009, 2010 Top 100 of President of Russia's Reserve of Management Cadre 2009 Bill Maynes Award, Eurasia Foundation, Washington D.C. 2009, 2010 "Independent Director of the Year" Prize, National Association of Independent Directors, Moscow, Russia 2009 Second Prize Medal for Research on Foreign Direct Investment and Natural Resources, Global Development Network 2006-11 Young Global Leader, World Economic Forum, Davos 2005 First Place Medal for Outstanding Research on the Conflict, Security, and Migration, Global Development Network 2002 Teaching Excellence Award, 10th Anniversary of the New Economic School 2001 Best Academic Manager, Russian Academy of Science 2001, 2006 The “Person of Values” Order #18, #29, Club2015, Moscow 2001 Young Economist Essay Prize, European Association for Research in Industrial Economics (EARIE) 2000 Gold Medal for Best Research on the Institutional Foundations of Market Economy, Global Development Network 1997-98 Scholarship, Regional Scholar Exchange Program, US Information Agency and International Research Exchange Bureau 1996-99 Honorary Research Fellowship, Wolverhampton Business School, UK 1997-98 Research Grant "Russia's Social Sciences: The New Perspective", 1995-96 Russian Science Foundation and Ford Foundation 1995 Prize for Best Research Work of a Young Researcher, Research Competition, the 40th Anniversary of the Computing Center, Russian Academy of Science 1994-95 Research Grant "Young Economists of Russia", IRIS Research Center, University of Maryland and CEMI, Moscow 1992-93 Academician Lavrentiev's Scholarship of Distinction, Moscow Institute of Physics and Technology 1988 Medal of Distinction at high school graduation, Kiev Physics and Mathematics School No.145

Professional activities Co-Editor, Economics of Transition Member, American Economic Association, European Economic Association, the Econometric Society Referee, American Economic Review, Berkeley Electronic Journals for Theoretical Economics, Canadian Journal of Economics, Econometrica, Economic Journal, Economics Letters, Economics of Transition, Economic Systems, European Economic Review, Journal of Comparative Economics, Journal of Development Economics, Journal of the Economic Behavior and Organization, Journal of European Economic Association, Journal of Institutional Economics, Journal of Labor Economics, Journal of Law, Economics and Organization, Journal of , Journal of Public Economics, Oxford Economic Papers, Quarterly Journal of Economics, Review of Economic Studies. Member of the Expert Board, National Training Foundation, Moscow (2001-2003) Founding Member of the Board, Association of Russian Economic Think Tanks (2002-2003) Member of the President of Russia’s Council on Science, Technology, and Education (2008-12). Member of Government of Russia’s Research Grants Council (2010-12). Member of the President of Russia’s Commision on the National Projects (2010-12). Member of Government of Russia’s Commission on Open Government (since 2012). Member of the Scientific Council, BRUEGEL, Brussels (since 2008) Member of the Advisory Council, Peterson Institute for International Economics, Washington, DC (since 2010) Member of the Academic Advisory Board, Blavatnik School of Government, Oxford University (since 2012)

Board membership Member of the Board, Sberbank (Savings Bank of the Russian Federation), Russia Venture Company, Alfa-Strakhovanie Insurance Company, Dynasty Foundation, E.ON Russia. Past board memberships: Russian Agricultural Bank (Rosselkhozbank) 2008-09, Agency for Home Mortgage Lending (AIZhK) 2008-12. Certificate in Company Directorship, Institute of Directors, London.

Recent research Papers in refereed journals Friebel, Guido, and Sergei Guriev. “Earnings manipulation and incentives in firms.” Journal of Economics and Management Strategy, 2012 Kolotilin, Anton, Sergei Guriev, and . “Determinants of Expropriation in the Oil Sector: A Theory and Evidence from Panel Data.” Journal of Law, Economics, and Organization, 2011. Guriev, Sergei, Evgeny Yakovlev and Ekaterina Zhuravskaya. “Interest Group Politics in a Federation.” Journal of Public Economics, 2010. Egorov, Georgy, Sergei Guriev, and Konstantin Sonin. “Media Freedom in Dictatorships.” American Political Science Review, 2009. Guriev, Sergei, and Dmitriy Kvasov. "Imperfect competition in financial markets and capital structure." Journal of Economic Behavior and Organization, 2009. Guriev, Sergei, and Ekaterina Zhuravskaya. “(Un)Happiness in Transition.” Forthcoming, Journal of Economic Perspectives, Winter 2009. Guriev, Sergei and Konstantin Sonin. “Dictators and Oligarchs: A Dynamic Theory of Contested Property Rights.” Journal of Public Economics, 93, 1–13. Friebel, Guido, Sergei Guriev, Russell Pittman, Elizaveta Shevyakhova, Anna Tomova. “Railroad Restructuring in Russia and Central and Eastern Europe: One Solution for All Problems?” Transport Reviews, 2007. Bhattacharya, Sudipto, and Sergei Guriev. “Knowledge disclosure, patents and the optimal organization of R&D”. Journal of European Economic Association, December 2006. Friebel, Guido, and Sergei Guriev. "Smuggling humans: A theory of debt- financed migration.", Journal of European Economic Association, December 2006. Guriev, Sergei, and Dmitriy Kvasov. "Contracting on time." American Economic Review, December 2005. Friebel, Guido, and Sergei Guriev. "Should I stay or can I go: attachment of workers through in-kind payments", World Bank Economic Review, September 2005, 19(2): 175-202. Guriev, Sergei, and Andrei Rachinsky (2005). “The Role of Oligarchs in Russian Capitalism.” Journal of Economic Perspectives, Winter 2005, 131-150. Guriev, Sergei (2004). “Red tape and corruption.” Journal of Development Economics 73(2), 489-504. [lead article] Guriev, Sergei, and Dmitriy Kvasov (2004). “Barter for price discrimination.” International Journal of Industrial Organization, 22(3), 329-350. Andrienko, Yuri, and Sergei Guriev (2004). “Determinants of Interregional Labor Mobility in Russia.” Economics of Transition 12(1), 1-27. [lead article] Guriev, Sergei (2003). “Incomplete Contracts with Cross-Investments.” Contributions to Theoretical Economics, Berkeley Electronic Journals on Theoretical Economics, 3(1), Article 5. Guriev, Sergei, Igor Makarov and Mathilde Maurel (2002). “Debt Overhang and Barter in Russia.” Journal of Comparative Economics, 30(4), 635-656. [lead article] Guriev, Sergei (2001). “On Microfoundations of Yaari’s Dual Theory of Choice.” Geneva Papers on Risk and Insurance Theory, 26(2), 117-137.

Chapters in books

Friebel, Guido, and Sergei Guriev. “Human Smuggling.” In K. F. Zimmermann, A. Constant, ed. “International Handbook on the Economics of Migration.” Forthcoming Edward Elgar, 2013 Guriev, Sergei and Aleh Tsyvinski. “Challenges Facing Russian Economy After the Crisis.” In Anders Aslund, Sergei Guriev, Andrew Kuchins, ed. “Russian Economy After the Crisis.” Peterson Institute for International Economics, Washington, D.C., 2010. Guriev, Sergei, Alexander Plekhanov, and Konstantin Sonin “Development Based on Commodity Revenues?” Chapter 4 of the Transition Report 2009 "Transition in Crisis". European Bank for Reconstruction and Development, London, 2009. Guriev, Sergei. “Oligarchs.” New Palgrave Dictionary of Economics, Second Edition, 2008. Guriev, Sergei, and Andrei Rachinsky. “The Evolution of Personal Wealth in the Former and Central and Eastern Europe” with Andrei Rachinsky, in Davies, James, ed. Personal Wealth from a Global Perspective, Oxford University Press: 2008. Guriev, Sergei, and William Megginson (2006). “Privatization: What Have We Learned.” In Bourguignon, Francois, and Pleskovic, Boris, ed. Beyond Transition. Proceedings of the 18th ABCDE, World Bank. Bolton, Patrick, Erik Berglof, Sergei Guriev, and Ekaterina Zhuravskaya (2006). “Corporate Finance in Emerging Market Economies.” In Bourguignon, Francois, and Pleskovic, Boris, ed. Beyond Transition. Proceedings of the 18th ABCDE, World Bank. Guriev, Sergei and Djavad Salehi-Isfahani (2003) “ of Growth Around the World.” in Lyn Squire and Gary McMahon, ed. “Explaining Growth: A Global Research Project.” Palgrave McMillan. Guriev, Sergei and Barry Ickes (2000). “Barter in Russian Firms.” in Paul Seabright, ed. 'The Vanishing Ruble: Barter and Currency Substitution in Postcommunist Economies' Cambridge University Press, 2000. Guriev, Sergei and Barry Ickes (1999). “Russia's Barter Economy.” in Erik Berglof and Pramesh Vaitilingam, ed. 'Stuck in Transit: Rethinking Russian Economic Reform ', chapter 7, CEPR, London.

Papers under review in the refereed journals Bhattacharya, Sudipto, and Sergei Guriev. “Control Rights Over Intellectual Property: Corporate Venturing and Bankruptcy Regimes.” Revise and resubmit, Journal of Industrial Economics Guriev, Sergei, and Mikhail Klimenko. “Duration and Term Structure of Trade Agreements.” Revise and resubmit, Economic Journal Durnev, Art, and Sergei Guriev. “Resource Curse: A Corporate Transparency Channel.” Revise and resubmit, Journal of Financial Economics Guriev, Sergei, and Anton Suvorov. “Why Less Informed Managers May Be Better Leaders.”

Books in Russian “Myths of Economics”. Alpina Business Books, Moscow, 2006. 2nd Edition: 2009. 3rd and 4th Edition: 2010 “Mathematical models of a demonetized economy." Manager, Moscow, 2001.