Consequences of the inertial development of the labor potential in the Russian Federation

The inertial trends of the dynamics of balance indices of labor force of the Russian Federation are considered in this article, and their characteristics are given. The main trends behind the increase in the labor potential of the country and the increase in the efficiency of its usage are proposed here. The deficit values of the national labor power at different ratios of GDP (Gross Domestic Product) growth rate and labor capacity that can be interpreted as values describing Russia’s economy’s need for international labor power are evaluated.     

Problems of eurozone expansion to the East: Example of Poland

This article presents real and nominal convergence, which defines the conditions of expansion of the Economic and Monetary Union of the European Union; on the basis of an analysis of the financial and economic problems of Poland, the prospects of its accession to the eurozone are estimated.     

Economic analysis of development prospects for air transport in Russia’s sparsely populated regions

This article analyzes the prospects for the development of air transport in remote and inaccessible regions of Russia with a low population density. The influence of the economic and geographical specificity of such regions on the duration and cost of air travel is studied. A complex of organizational and technological solutions and government support measures aimed at improving the quality and accessibility of air carriages for the population of sparsely populated regions is suggested.     

Scientific and technological interactions between Russia and Ukraine: Forecasting opportunities and mechanisms for their implementation

The paper presents the research results of an investigation into the state of scientific, technological, trade and economic interactions between Russia and Ukraine in terms of their potential, prospects, and problems impeding their cooperation. It is shown that there is a considerable scientific and technological potential both in Russia and Ukraine. Opportunities and conditions for the modernization of both countries’ economies are shown to depend on the coordinated use of their potentials.     

Shareholder Activism and Voluntary Disclosure Initiation: The Case of Political Spending

Demand for disclosures on environmental, social, and governance (ESG) issues has increased dramatically. Using corporate political spending disclosures as our setting, we conduct a detailed inquiry of 541 political spending‐related shareholder proposals from 2004 to 2012 to highlight the role of shareholder activism as a mechanism to motivate ESG disclosure. Unlike earlier studies, we examine both proposals that went to a vote and proposals that were withdrawn by the activist, allowing us to assess more comprehensively the success of shareholder activism. We find that 20 percent of firms targeted by disclosure proposals begin disclosing in the subsequent year, although implementation rates vary by proposal type—8 percent for proposals subject to a vote versus 56 percent for proposals withdrawn. The sponsor is also important: unions and public pension funds are less likely than other activists to target firms with agency problems and are less successful in having proposals withdrawn, and the implementations they obtain are viewed more negatively by the broader investor base. Our findings highlight shareholder proposals as one mechanism through which investors can successfully express their preferences for corporate disclosure policies. Given activists' long‐standing interest in environmental and social disclosure policies, we believe our findings generalize to a broader set of ESG disclosures.     

Changing Patterns of Precipitation at the Sooke Reservoir in British Columbia

The paper is a parametric and nonparametric analysis of past precipitation data. We analyze 90 years of daily precipitation data at the Sooke Reservoir in British Columbia, Canada, for evidence of climate change. We fit probability density functions (PDFs) to the data and find evidence of a structural break in the data generating process by using the Andrews-Ploberger test. To confirm this finding, we analyze higher moments of the distribution of precipitation and show that the PDFs have become more leptokurtic. The results show how the pattern of precipitation has changed.     

Regional long-term forecasts: A synthesis of technological and economic approaches

The paper describes a long-term two-scenario forecast of the economy of the Far East, compiled as a synthesis of scientific-technological and general economic approaches, using a modeling program complex. The paper presents the results of probabilistic systemic transformations in the region’s economic and social environment for as long as until 2050. The forecast was based on a scientific and technological foresight and evaluations of scenarios of the dynamics of general economic parameters.     

Forced Intercourse,Mental Health,and Human Capital

Previous studies have found evidence that experiencing a traumatic event during childhood or adolescence can interfere with the acquisition of human capital. Drawing on data from the National Longitudinal Study of Adolescent Health, we estimate the effects of being the victim of forced intercourse on the mental health, academic performance, and educational attainment of young women paying careful attention to the role of unobservables at the individual, family, and community levels. Our results suggest that forced intercourse is strongly related to depression. Moreover, there is evidence that the psychological damage caused by forced intercourse leads to reduced academic performance and educational attainment.