This paper presents a review of foreign studies analyzing the role of entrepreneurs in the accumulation and distribution of wealth and approaches to modeling entrepreneurship as an integral part of the economy for evaluating the consequences of alternative economic policies. According to the...

The paper is devoted to testing for existence of a long run relationship between consumption and income in Russia. We couldn’t find cointegration between consumption of households and GDP in constant prices. But statistical tests are in favor of cointegration between consumption in constant...

Savings are a huge boon for the economy. This means both growth today and prospects for growth tomorrow. This is both an investment resource and a medicine for inflation. However, mistakes made in managing the savings by economic authorities, may turn everything upside down and then the savings...

The article shows that actual public expenditure in the period of rapid oil prices growth of the 2000s was less than optimal level in Russia. The macroeconomic model of Russian economy is the basis of current research. The main mechanism of growth in an optimum scenario is associated with the...

In this paper we investigate the size of the consumption drop in Russia We use micro data on the household consumption of food and non-durables collected during the survey of household welfare and participation in social programs (NOBUS) We use the regression discontinuity design and impose an...

The English version can be found at 'http://ssrn.com/abstract=2677060' http://ssrn.com/abstract=2677060.Russian Abstract: Жизнь без налогов – это не только можно, но и нужно. Налоги надо упразднить и заменить на новую...