Jacques-François Thisse speaks at HSE Nizhny Novgorod
HSE's Nizhny Novgorod branch has hosted Belgian economist, professor at the Catholic University of Louvain, Jacques-Francois Thisse, and Academic Supervisor at HSE St Petersburg's Center for Market Studies and Spatial Economics, who read his paper 'Urban development, regional differences and effective transport'. Professor Thisse is very well known and respected for his research in spatial economics, new economic geographies, international trade and market analysis.
Interesting Work and a Comfortable Workplace Motivate Employees of Startups
For a business startup to grow and thrive, its employees should have a vested interest in its success. Employee incentives may include bonuses, equity and profit sharing, recognition of accomplishments, opportunities for career development, and flexible work schedules. But being inspired by a new challenge and proud of work well done can motivate people even more effectively, according to Olga Gaponova, Associate Professor at the Department of General and Strategic Management, HSE Branch in Nizhny Novgorod.
No Crisis Wage Cuts in Russia
Russian firms prefer to freeze rather than cut employee wages during crises, reasoning that high inflation will cause real wages to drop anyway, while nominal wage cuts may prompt valued employees to leave, suggests Alexander Larin, Senior Lecturer at the Faculty of Economics, HSE Branch in Nizhny Novgorod, in his paper 'Downward Nominal Wage Rigidity: Unions' Achievement or Employers' Choice?'
Russian Youth Infected with Conspicuous Consumption
Buying name-brand goods and services boosts the majority of younger Russians’ self-esteem, allowing them to maintain their reputation, gain respect, and demonstrate their family’s material wealth, according to research conducted by Natalia Shaidakova of HSE Nizhny Novgorod’s Department of Marketing. Students from elite Russian schools raise their prestige with the help of expensive cars, restaurants and personal items, while students from ordinary schools and universities flaunt the newest and most expensive cell phone models to one another.