Measuring the correlation of shocks between the EU15 and the new member countries

This paper considers the question of the symmetry of inflation, exchange rate changes and GDP shocks between the EU15 and the new member countries. It applies a relatively new technique, the orthogonal GARCH model, which allows us to calculate a complete time varying correlation matrix for these countries. We can then examine the way the conditional correlation of shocks between the EU15 and the new member countries has been evolving over time. Our results suggest that the shocks which hit the EU are not symmetrical with those affecting the majority of new member countries. In addition, most of the new member countries seem to exhibit relatively low correlation with EU15.     

Russian Voting and the Initial Economic Shock of Hyperinflation

This paper addresses the issue of economicvoting in transitional democracies using data from the Russianfederal elections. It argues that the shock of inflation thatfollowed the fundamental economic reform has a lastinginfluence on voters. Specifically, it shows that in Russia,where inflationary policy led to hyperinflation and thewidespread loss of personal savings, the magnitude of savingslost at that time continues to explain a significant portionof the variation in the regional support for the Communistparty in parliamentary and presidential elections.     

Aufstellen von Altkleidersammelcontainern auf öffentlichem Straßengrund; erlaubnispflichtige Sondernutzung. Untersagungsanordnung für künftige unbefugte Sondernutzungen und konkrete Gefahr

Keine Zusammenfassung     

Zu den Anforderungen an die im Zusammenhang mit der Erlaubnis einer gewerbsmäßigen Hundezucht auferlegten Führung eines Tierbestandsbuches

Keine Zusammenfassung     

在俄罗斯的中国人现状

作者近期对俄境内900名中国人做了调查.调查结果显示在俄华人主要是经商者、留学生和劳务人员.多数经商者认为俄罗斯是适合经商的地方,并打算长期在此经商.多数留学生认为俄罗斯对其有很大吸引力,但他们普遍俄语掌握得不好.中国劳务人员主要从事建筑业、农业、林业,他们吃苦耐劳,遵纪守法,是俄非常宝贵的劳动力资源.