University of Minnesota Ph.D. dissertation. August 2010. Major: Economics. Advisors: Professor Fabrizio Perri, Professor Timothy Kehoe. 1 computer file (PDF); viii, 83 pages, appendices A-B.

Trade and capital flows between Russia and the rest of the world are now significant for both partners. The economic reforms introduced in Russia since 1991 have converted an autarkic, highly regulated economy into a relatively open one. The dramatic change followed from the abolition of central...