Several recent articles claim that pre-tax income equlity promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavly on the assumption that pre-tax income equality is an...

Macroeconomic stabilization has been unable to have a beneficial impact on the state of the Russian pension system, while the financial crisis has only aggravated the unfavorable trends that accumulated in the process of transformation. This situation is a result not only of the limited nature...

Throughout the past decade, discussions of variants and alternatives of economic policy have become extremely popular among our politicians and economists. Their logic remains practically unchanged: the government accuses opponents of adventurism, claiming that its policy is the only possible...