http://www.bis.org/cbhub/list/author/author_3056/index.rss Research hub papers by author Nienke Oomes en http://www.bof.fi/NR/rdonlyres/F9A915B5-39DE-45BB-92F2-B4C0ADFFE684/0/dp0707.pdf Bank of Finland BOFIT Discussion Papers by Nienke Oomes and Katerina Kalcheva Diagnosing Dutch disease: Does Russia have the symptoms? 2007-05-01T12:00:00Z In this paper, we assess whether recent economic developments in Russia are symptomatic of Dutch Disease. We first provide a brief review of the literature on Dutch Disease and the natural resource curse. We then discuss the symptoms of Dutch Disease, which include (1) real exchange rate appreciation; (2) slower manufacturing growth; (3) faster service sector growth; and (4) higher overall wages. We test these predictions for Russia while carefully controlling for other factors that could have led to similar symptoms. We con-clude that, while Russia has all of the symptoms, the diagnosis of Dutch Disease remains to be confirmed. Diagnosing Dutch disease: Does Russia have the symptoms? 2007-05-01T12:00:00Z Abstract http://www.bof.fi/bofit_en/tutkimus/tutkimusjulkaisut/dp/2007/dp0707.htm Full text http://www.bof.fi/NR/rdonlyres/F9A915B5-39DE-45BB-92F2-B4C0ADFFE684/0/dp0707.pdf Katerina Kalcheva Nienke Oomes Nienke Oomes and Katerina Kalcheva 2007-04-18 Bank of Finland BOFIT Discussion Papers F30 P28 Q30