IDLab Workshop

Ekaterina Shalaeva presented the study "Risk-taking by Russian companies under conditions of economic policy uncertainty". Co-author of this research: Iuliia Naidenova

This study analyzes the impact of economic policy uncertainty on the level of risk-taking by Russian manufacturing companies. The study was conducted on data from 1,490 Russian companies for the period 2014–2021. As a result, it has been confirmed that economic policy uncertainty leads to a decrease in risk-taking, and therefore underinvestment by companies. Moreover, the effect is stronger for large and non-state companies.