A Biased Evaluation of Employees’ Performance Can Be Useful for Employers
In assessing an employee’s performance, employers often listen to his immediate supervisor or colleagues, and these opinions can be highly subjective. Sergey Stepanov, an economist from HSE University, has shown that biased evaluations can actually benefit employers. An article substantiating this finding was published in the Journal of Economic Behavior and Organization.
Research Only: How Academic Tourism Went Online and Why Scholars Like It
On October 23 – 24, 2020, the IX International Moscow Finance Conference will take place. The event has been organized jointly by ICEF and the London School of Economics. This year, the list of participants includes the editors of the two biggest journals in economics. Alexei Boulatov , Tenured Professor of HSE University, spoke about how the online format influenced the quality of academic events, what has changed in academic life over the last few months, and the topics that interest researchers today.
Russians Consider Themselves Poorer Than They Actually Are
Experts often blame income inequality for a wide range of social ills. They usually calculate its severity using special statistical indices drawn from official tax data or large-scale surveys of individual households. Such analyses create an objective picture and indicate the degree of inequality and the basic factors behind it.
It Turns Out That Russians Are Unprepared for Poverty
For years, Russians have failed to develop the ability to adapt to financial vulnerability — that is, to the risk of falling below the poverty line. This is associated with the fact that Russians are less satisfied with life and rate their well-being lower as well. With the prospect of falling poverty an ongoing problem, these indicators have not improved.
A Pandemic of Negative Interest Rates: Banks and Their Clients Will Have to Adapt to a New Normal
The coronavirus pandemic and lockdown have made life difficult for credit institutions and their clients. Citizens’ incomes have decreased, which can lead to an increase in bad debts, and a decrease in the key rate to support the economy makes deposits less and less attractive and deprives banks of an important resource. Banks are compelled to search for new ways to earn money, which carries additional risks, says HSE Banking Institute Director Vasily Solodkov.
2020 iCare Participants Discuss the Economic Effects of the Pandemic, the Accessibility of Higher Education in Russia, and More
On September 21, the VIII International Conference on Applied Research in Economics (iCare) was held online, bringing together more than 100 researchers from 19 countries. Organizers, speakers, teachers, and students shared their impressions of the event and talked about the opportunities that the conference opens up for them.
Russian Men Left Without ‘Fatherhood Wage Premium’
Not much is known about fathers on the Russian labour market. It has often been claimed that they earn more than their childless peers. However, new research states that there is no such ‘premium’ for being a father in Russia. Nevertheless, men with kids still have higher salaries.
New Inequality, Environmental Impact and Other Consequences of the Coronavirus Pandemic: III ICEF Conference on Applied Economics Focuses on COVID-19
This year, the ICEF Conference on Applied Economics will be held online for the first time ever. On September 12, experts from around the world will discuss the impact of the coronavirus pandemic on the global economy. The HSE News Services describes the papers that will be presented and why the organizers decided to devote this event to COVID-19.
Millennials Are Major Drivers of Sharing Economy
The sharing economy involves shared use of assets and services. This means that users do not need to purchase or own them outright. Assets can be exchanged, borrowed or leased. But not everyone is ready for this model. What factors determine whether or not someone is willing to participate in the sharing economy?
A Strong-Willed Population: How Russians’ Personal Qualities Influence Their Income Level
Russians who are open to new experience, conscientious, and emotionally stable have better chances of achieving professional and financial success. This is the finding of a study conducted by HSE researchers that analyzed the impact of personal qualities on the behavior of Russian citizens of various social and economic groups. The study was based on a vast range of data collected from 2000 to 2016.