2010 PIER Conference on Political Economy Participant List
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Ten Years of Economic Reforms in Russia: Windows in a Wall
Ten Years of Economic Reforms in Russia: Windows in a Wall CHRISTINE LANG* SHLOMO WEBER** I. Introduction The August crisis of 1998 had a devastating effect on financial markets in Russia. Russia announced a default on foreign debt payments for the three-month period (and is still having a difficult time meeting them), while the short-term debt was fully and unilaterally restructured towards long-term debt. In one year's time, the market volume of the Russian Trading System (RTS) stock market exchange has plunged from $70 billion to a mere $5 billion. The 1998 financial crisis is reminiscent of another crisis in 1989-1990 when Russia was still a part of the Soviet Union. Ten years of reform, first towards a socialist market economy and then to a market economy, have focused on an irreversible change in Russian economy and policy. In this paper we try to assess some of the gains and losses of the first decade of transition. We argue that, while democracy is still at risk in Russia, a Russian citizen has matured as a voter, a consumer, and an investor. Political and economic progress, however, are still hampered by the poor and criminalized state of business and political spheres. Russia badly needs a president, parliament, and government having the will and power to face the country's tremendous challenges. The maturation of the electorate provides for a better "Christine Lang is Visiting Scholar, Central Economic Mathematical Institute, Russian Academy of Sciences, Moscow, Russia, and Assistant Professor at the University of Geneva, Switzerland. She acknowledges the support of the Swiss National Research Foundation grant 8210-053488. -
Conference on Culture, Diversity and Development
The 6th CAS Annual Academic Conference Conference on Culture, Diversity and Development organized by the Center for the Study of Diversity and Social Interactions at the New Economic School and the Higher School of Economics in conjunction with the Centre for Advanced Studies, a joint project of the Higher School of Economics and the New Economic School October 18‐19, 2013 Higher School of Economics, room #311, 20, Myasnitskaya str., Moscow, Russia Organizing Committee Co‐Chairs: Paul Castañeda Dower (New Economic School) Martin Gilman (Higher School of Economics, CAS) Program Committee Co‐Chairs: Shlomo Weber (SMU and NES Center for the Study of Diversity and Social Interactions) Leonid Polishchuk (Higher School of Economics) The conference covers the following areas of research: theoretical challenges of the analysis of the community heterogeneity; the influence of institutions, religion and culture on the development and integration of communities and nations; issues of social interaction and social integration, including the processes of generation and maintenance of stable social groups; the influence of community heterogeneity on social mobility, preferences for redistribution of wealth, the emergence of civil conflict, the manifestation of separatism; issues of building trust and social capital in heterogeneous groups and communities, and their impact on the socio‐economic development. Conference Program Higher School of Economics, room #311, 20, Myasnitskaya str., Moscow, Russia Friday, October 18 8.30 – 9.00 Registration and Coffee 9.00 – 9.20 Introduction: Martin Gilman Greetings: Lev Yakobson (Higher School of Economics) Shlomo Weber (Southern Methodist University and NES Center for the Study of Diversity and Social Interactions) 9.20 – 10.00 Session I. -
Nber Working Paper Series on the Joint Evolution Of
NBER WORKING PAPER SERIES ON THE JOINT EVOLUTION OF CULTURE AND INSTITUTIONS Alberto Bisin Thierry Verdier Working Paper 23375 http://www.nber.org/papers/w23375 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 April 2017 Thanks to Alberto Alesina, Gary Becker, Georgy Egorov, Luigi Guiso, David Levine, Massimo Morelli, Nicola Persico, Louis Putterman, Kenneth Shepsle, Shlomo Weber, and the many others we spoke with about this paper. We have presented the paper widely before writing it and we thank all the audiences for help, suggestions, and support. This research has been undertaken under financial support from the ERC Advanced Grant TECTACOM n324004. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2017 by Alberto Bisin and Thierry Verdier. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. On the Joint Evolution of Culture and Institutions Alberto Bisin and Thierry Verdier NBER Working Paper No. 23375 April 2017 JEL No. O10,P16,P48 ABSTRACT Explanations of economic growth and prosperity commonly identify a unique causal effect, e.g., institutions, culture, human capital, geography. In this paper we provide instead a theoretical modeling of the interaction between culture and institutions and their effects on economic activity. -
(2000) Offers an Intriguing Anecdote
Word count: 13,442 Two-Stage Partial Observability Models of Innovation Adoption Christophe Van den Bulte University of Pennsylvania Gary L. Lilien The Pennsylvania State University October 9, 2001 Acknowledgements We benefited from comments by David Bell, Marnik Dekimpe, Jehoshua Eliashberg, Peter Fader, Teck Ho, Wendy Moe, and audience members at the 1999 INSNA Sunbelt Conference. We thank Thomas Valente for providing us with the Medical Innovation data set. Financial support from the Richard D. Irwin Foundation and Penn State's Institute for the Study of Business Markets is gratefully acknowledged. Correspondence address: Christophe Van den Bulte, The Wharton School, University of Pennsylvania, 3620 Locust Walk, Philadelphia, PA 19104-6371. Tel: 215-898-6532; fax: 215-898-2534; e-mail: [email protected]. Two-Stage Partial Observability Models of Innovation Adoption Abstract Many theories on the adoption and diffusion of innovations posit that adoption is the outcome of a decision process. A two-stage conception of that process involving an awareness stage followed by a stage combining evaluation and adoption seems particularly useful. Several empirical studies indicate that the effect of mass media and change agents is relatively concentrated in creating awareness, while the effect of personal influence from earlier adopters (i.e., social contagion) is more concentrated in bringing about a positive evaluation and hence adoption. A frustrating problem, however, is that most data record only the final outcome of the process, i.e. the time of adoption. We bridge this gap in richness between theory and data by developing new event history models, which we call partial observability models of innovation adoption. -
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Economics 221: Political Economy II Winter 2006-2007 Professor Matthew Jackson Oce: 241; Phone: 723-3544 Email: [email protected] Web site: http://www.stanford.edu/ jacksonm Overview: This course examines political processes and the studies how the design of political in- stitutions a ect societal welfare and economic outcomes. The course starts by examining the motivations for and challenges of forming political states and institutions, and how the structure and workings of political institutions a ect economic outcomes and societal welfare. Topics include: the origins of states, anarchy and the social contract, liberalism, wars and arms races, constitutional design, federalism, models of strategic voting behavior, asymme- tries of information and voting behavior, agenda formation and control, logrolling, lobbying, vote-buying and political in uence, nomination processes, and the politics of federations of states. Prerequisite: Economics 220. Requirements: You will be continuing the work on the projects that you began in Economics 220. This will involve re ning a model and producing some results if the problem you proposed in 220 was theoretical in nature, and if the work is empirical, then you should begin or continue your analysis of data. There will be several di erent due dates of updates on the project. The projects will be judged based on the progress made past what was completed in 220. In the latter part of the course, there will also be student presentations and discussions of some of the papers. A note on the readings and class discussions: Reading the papers before class is critical to the course, as much of the emphasis of the course will not only be on \what" the papers tell us, but also on \why" these are interesting issues and \how" the research was conducted. -
Interpersonal Trust and Participation in Public Consultations Clément Herman
Who speaks out when politicians tune in ? Interpersonal trust and participation in public consultations Clément Herman To cite this version: Clément Herman. Who speaks out when politicians tune in ? Interpersonal trust and participation in public consultations. Economics and Finance. 2020. dumas-03045175 HAL Id: dumas-03045175 https://dumas.ccsd.cnrs.fr/dumas-03045175 Submitted on 7 Dec 2020 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. MASTER THESIS N° 2020 – 02 Who speaks out when politicians tune in ? Interpersonal trust and participation in public consultations Clément Herman JEL Codes: D70, D72, D90, Z10 Keywords: Master’s esis Who speaks out when politicians tune in? Interpersonal trust and participation in public consultations September 3, 2020 Clement´ Herman Ecole Normale Superieure-PSL´ & Paris School of Economics [email protected] under the supervision of Ekaterina Zhuravskaya Abstract Public consultations, especially online, are more and more commonplace in contemporary democra- cies. is work aims to study how interpersonal trust determines participation in public consultations, and the forms thereof. I use the Grand Debat´ National, that occurred in France in 2019, as a natural experiment to study the geographic cross-sectional relationship between a novel synthetic measure of local interpersonal trust and various aspects of participation in this public consultation. -
What Is Economic Sociology and Should Any Economists Care?
What Is Economic Sociology and Should Any Economists Care? Robert Gibbons* Robert Gibbons is Sloan Distinguished Professor of Organizational Economics and Strategy, Sloan School of Management and Department of Economics, Massachusetts Institute of Technology, Cambridge, Massachusetts. * I am grateful to Tim Taylor for helpful comments and to Jim Baron, Roberto Fernandez, Jim March, Joel Podolny, Jesper Sorensen, and Ezra Zuckerman for patient tutoring. 1 A couple years ago, two of my colleagues independently proposed approximately the same title for their respective contributions to a series of lunchtime talks: “Why Erving Goffman Is My Hero (and Should Be Yours, Too).” I emerged from these two lunches mightily impressed – both by Goffman’s (1959) insights into The Presentation of Self in Everyday Life and by the potential for Goffman’s micro-sociological research to inspire a major new research stream in behavioral game theory. In a similar spirit, I considered titling this introduction “Why Robert Merton Is My Hero,” but this approach seemed prone to at least two problems. First, explaining hero worship in a short space would probably require poetry, which is not my forte. Second, I feared that the title would be opaque to those economists who would immediately think of Robert C. Merton, the Nobel Laureate in financial economics, rather than his father Robert K. Merton, one of the great sociologists in the history of that discipline. I take the ideas in these papers and their underlying sociological literatures quite seriously. In fact, one sociologist friend recently declared that I have an “economist’s eye for the sociological guy.” More precisely, my interest is in economic sociology, which I will define as the sociology of economic actors and institutions; see the two Handbooks of Economic Sociology by Smelser and Swedberg (1994, forthcoming) for volumes of detail. -
Introduction to the Special Issue
Introduction to the special issue Giacomo Bonanno Andreas Herzig Department of Economics IRIT-CNRS University of California Davis (USA) Toulouse University (France) [email protected] [email protected] Wiebe van der Hoek J´er^omeLang Department of Computer Science LAMSADE University of Liverpool (UK) University Paris-Dauphine (France) [email protected] [email protected] January 6, 2012 This special issue of the International Journal of Game Theory contains a selection of papers presented at the 9th Conference on Logic and the Foun- dations of the Theory of Games and Decisions (LOFT9), which took place in Toulouse July 5{7, 2010. While this special issue collects papers with a stronger game-theoretic content, a second set of papers that are more logic-oriented can be found in a special issue of the Journal of Applied Non- Classical Logics. The LOFT conferences, which have been a regular biannual event since 1994, are interdisciplinary events that bring together researchers from a variety of fields: cognitive psychology, computer science and artifi- cial intelligence, economics, game theory, linguistics, logic, mind sciences, philosophy, social choice and statistics.1 In its original conception, LOFT had as its central theme the applica- tion of logic, in particular modal epistemic logic, to foundational issues in 1The first conference was hosted by the Centre International de Recherches Mathe- matiques in Marseille (France), the next four took place at the International Centre for Economic Research in Torino (Italy), the sixth was hosted by the Graduate School of Management in Leipzig (Germany), the seventh took place at the University of Liverpool (United Kingdom) and the eighth at the University of Amsterdam (The Netherlands). -
Ten Years of Economic Reforms in Russia: Windows in a Wall
Ten Years of Economic Reforms in Russia: Windows in a Wall CHRISTINE LANG* SHLOMO WEBER** I. Introduction The August crisis of 1998 had a devastating effect on financial markets in Russia. Russia announced a default on foreign debt payments for the three-month period (and is still having a difficult time meeting them), while the short-term debt was fully and unilaterally restructured towards long-term debt. In one year's time, the market volume of the Russian Trading System (RTS) stock market exchange has plunged from $70 billion to a mere $5 billion. The 1998 financial crisis is reminiscent of another crisis in 1989-1990 when Russia was still a part of the Soviet Union. Ten years of reform, first towards a socialist market economy and then to a market economy, have focused on an irreversible change in Russian economy and policy. In this paper we try to assess some of the gains and losses of the first decade of transition. We argue that, while democracy is still at risk in Russia, a Russian citizen has matured as a voter, a consumer, and an investor. Political and economic progress, however, are still hampered by the poor and criminalized state of business and political spheres. Russia badly needs a president, parliament, and government having the will and power to face the country's tremendous challenges. The maturation of the electorate provides for a better "Christine Lang is Visiting Scholar, Central Economic Mathematical Institute, Russian Academy of Sciences, Moscow, Russia, and Assistant Professor at the University of Geneva, Switzerland. She acknowledges the support of the Swiss National Research Foundation grant 8210-053488. -
JAMES E. RAUCH Curriculum Vitae CONTACT: ADDRESS: Jrauch
JAMES E. RAUCH Curriculum Vitae CONTACT: ADDRESS: [email protected] Department of Economics (858) 534-2405 University of California, San Diego econweb.ucsd.edu/~jrauch/ La Jolla, CA 92093-0508 UNDERGRADUATE STUDIES: Princeton University. BA, May 1980 GRADUATE STUDIES: Yale University. MA (Economics), May 1982; Ph.D. (Economics), December 1985 Thesis Title: The Dynamic Interaction of Foreign Trade, Technology, and Capital with Economic Development: Three Essays Thesis Committee: T.N. Srinivasan (Chairman), Jonathan Eaton, Kenneth Kletzer TEACHING AND RESEARCH: Primary Fields: International Trade, Economic Growth and Development, Entrepreneurship Secondary Fields: Urban Economics, Labor FELLOWSHIPS AND HONORS: Keynote Speaker, 22nd Annual Empirical Investigations in International Trade, Purdue University, 2015 Keynote Speaker, APJAE Symposium on Industrial Organization and Global Value Chains, City University of Hong Kong, 2013 Guggenheim Fellow, 2012 Fellow, CESifo Research Network, 2010 – Visiting Scholar, CESifo, September 2010 Speaker, the Nottingham Lectures in International Economics, February 2010 Visiting Scholar, International Monetary Fund, April 2008 National Science Foundation Economics Review Panelist, 2006-2008 Visiting Scholar, Institute of Financial Economics, American University of Beirut, January-June 2005 Visiting Independent Scholar, Russell Sage Foundation, New York, NY, 1995-1996 Visiting Scholar, Board of Governors, Federal Reserve System, Washington, D.C., June 1994 Four year tuition fellowship plus maximum stipend, Yale University, September 1980-May 1984 Distinction in oral examination, Yale University, May 1982 Graduated Summa Cum Laude, first runner-up prize for best undergraduate thesis, Princeton University, May 1980 BOOKS: The Economics of the Middle East: A Comparative Approach, New York: Oxford University Press, 2019. The Missing Links: Formation and Decay of Economic Networks (editor), New York: Russell Sage Foundation, 2007. -
1 Alessandra Casella
ALESSANDRA CASELLA December 2020 Education Massachusetts Institute of Technology, Cambridge, Ma, Ph.D in Economics, 1988. Thesis: "Hyperinflations". Universita' L. Bocconi, Milano, Laurea in Discipline Economiche e Sociali, March 1983 (summa cum laude). Thesis: "Tassi di Cambio Reali e Shocks di Offerta" (Real Exchange Rates and Supply Shocks). Professional Appointments Academic Columbia University, New York: Professor of Economics, 1997 – Professor of Political Science, 2017 – Associate Professor of Economics, 1993 ‐ 1997. Ecole des Hautes Etudes en Sciences Sociales, Paris, Directeur d’Etudes (temps partiel), 1996 ‐ 2010. University of California at Berkeley, Assistant Professor, 1987 – 1993. Others Columbia Experimental Laboratory for the Social Sciences, Director, 2012 ‐ National Bureau of Economic Research, Cambridge, MA: Research Associate, 1997 ‐ Faculty Research Fellow, 1988 – 1997. Center for Economic Policy Research, London, Research Fellow, 1988 – Society for the Advancement of Economic Theory, Economic Theory Fellow, 2019‐ AXA Research Fund, Scientific Board member, 2013 – 2016. National Science Foundation, Economics Panel member, 2004 ‐ 2006. Economic Policy, Panel member, 1994 and 1995. 1 Journals American Economic Review, Associate Editor, 2016 – Journal of Experimental Political Science, Editorial Board, 2013 ‐2017. Journal of Public Economic Theory, Associate Editor, 2004 – 2009. Journal of Economic Behavior and Organization, invited editor, special issue in honor of Alan Kirman, 2007, vol.64, 3 and 4. European Economic Review, invited editor, special issue on the domain of the state, 1996. Fellowships Alliance Visiting Professorship, Paris School of Economics (PSE), Spring 2020. Straus Institute Fellow, NYU Law School, 2012‐13. John Simon Guggenheim Fellow, 2006‐07. Institute for Advanced Study, Princeton, N.J., Member 2004‐05. Russell Sage Foundation, New York, N.Y., Fellow, 1997‐98. -
Iserp Working Paper 02-03
INSTITUTE FOR SOCIAL AND ECONOMIC RESEARCH AND POLICY COLUMBIA UNIVERSITY WORKING PAPERS LINK, SEARCH, INTERACT: THE CO-EVOLUTION OF NGOs AND INTERACTIVE TECHNOLOGY Jonathan Bach Center on Organizational Innovation Columbia University and David Stark Center on Organizational Innovation Columbia University April 2002 ISERP WORKING PAPER 02-03 ISERP Institute for Social and Economic Research and Policy Center on Organizational Innovation, Columbia University, Institute for Social and Economic Research and Policy, 803 International Affairs Building, 420 West 118 Street, New York, NY 10027. Jonathan Bach: [email protected]. David Stark: [email protected]. Abstract Interactive technology is a key factor used to explain the recent growth and prominence of NGOs, who today are engaged in the transformation of national, international and transnational political space. Yet technology cannot explain NGOs’ rise, for technology is but a context which afford opportunities. We ask what it is that allows NGOs to take advantage of new circumstances, and focus our discussion on the co-evolution of NGOs with interactive technology. Our approach is part of a growing body of social science research that seeks to overcome the artificial divide between “society” and “technology” by viewing the social as consisting of humans and non- humans (objects, things, artifacts). Viewing technology not as a tool but as part of a co- evolutionary process that shapes organizational forms and practices will help us understand why NGOs have, given the opportunities provided by the retrenchment of the welfare state and the end of the cold war, been able to assume a more powerful and controversial role as co-constituents of global transformation.