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On the eve of first anniversary

On the eve of first anniversary

Journal of Institutional studies, , Vol. 3 (no. 4),
p. 4-5

Views: 1540

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Contribution of New Institutional Economics for public sector reforming

Contribution of New Institutional Economics for public sector reforming

Journal of Institutional studies, , Vol. 3 (no. 4),
p. 6-17

In the paper the approaches in the new institutional economics (NIE), served as a foundation for bureaucracy reforming, called as New Public Management (NPM), are considered. The influence of NIE on understanding the bureaucracy nature as a mechanism to governing transactions and substation for the transformation tools of governance mechanism in the public sector is shown.

Views: 1192

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The modern trust: matter and crisis

The modern trust: matter and crisis

Journal of Institutional studies, , Vol. 3 (no. 4),
p. 18-26

The evolution, matter and crisis trust relations are considered. The attention is accented to institutional component of trust “triangle” and internal reasons, signs of trust crisis.

Views: 1195

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The financial crisis and the policy of the Central Bank

The financial crisis and the policy of the Central Bank

Journal of Institutional studies, , Vol. 3 (no. 4),
p. 27-33

The purpose of this paper is to examine the impact of the globalfinancial crisis on the Central Bank, the key institutions of the financial sector. This paper deals with the major changes the functioning of this institution in modern conditions, reveals mechanism of the unconventional monetary policy in the liquidity trap.

Views: 1204

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Current approaches to modeling the imperfections influence in financial markets on business cycle

Current approaches to modeling the imperfections influence in financial markets on business cycle

Journal of Institutional studies, , Vol. 3 (no. 4),
p. 34-47

The paper represents the review of contemporary approaches to the analysis of financial market imperfections andfinancial crises and their impact on fluctuations of the key macroeconomic variables during the business cycle as well as the transmission mechanism of financial shocks on the real economy in the framework of New Keynesian dynamic stochastic general equilibrium models. These models are widely used for the evaluation of monetary policy effects on macroeconomy and constitute the theoretical base for elaboration the optimal monetary policy not only during the crisis but for the further perspective. The construction of such models types for different economies including the Russian economy requires considering the institutional features and specific development and functioning characteristics of the of the national financial sector and economy as a whole.

Views: 1323

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Institutional traps of public finance in the Russian Federation

Institutional traps of public finance in the Russian Federation

Journal of Institutional studies, , Vol. 3 (no. 4),
p. 48-58

The institutional functioning peculiarities of the public finance system in Russia, that impede socially-effective decision-making in disposal of public resources are considered in the article.

Views: 1291

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The interaction of religious, psychological-economic installations in the traditions and innovations of the Old Believers

The interaction of religious, psychological-economic installations in the traditions and innovations of the Old Believers

Journal of Institutional studies, , Vol. 3 (no. 4),
p. 59-70

The managing basis and everyday life of the Old Believers, the specific functioning rules in the Old Believer community are considered in the paper. The forms of self-regulation of joint activity, folding in the Old Believer communities are analyzed. The study results of the economic socialization of high school students are presented.

Views: 1159

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Neoclassical economics as an approach to analysis of the pre-industrial and industrial societies

Neoclassical economics as an approach to analysis of the pre-industrial and industrial societies

Journal of Institutional studies, , Vol. 3 (no. 4),
p. 71-92

The paper analyzes the classical and neoclassical assumptions concerning the effect of the natural and the institutional environments on the comparative welfare of various countries. The distinction is considered between the preindustrial and industrial societies as to their natural and institutional conditions.

Views: 1251

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Why there is not Blackberry in Russia. Inside look

Why there is not Blackberry in Russia. Inside look

Journal of Institutional studies, , Vol. 3 (no. 4),
p. 93-104

This paper is devoted to the problem of establishing the business by RIM (owner's Blackber- rys's brand) in Russia due to governance regulations of mobile market.

Views: 1627

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