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EERC news
May 27, 2016
The 40th Anniversary Research Workshop was held in Kyiv School of Economics, Kyiv May 21 - 22, 2016.
December 15, 2015
Your idea could be the next winner of the Global Development Awards Competition 2016. Every year, GDN awards up to $US 90,000 worth of grants to research proposals and innovative development projects as part of the Global Development Awards Competition. The deadline for submitting the proposals is 15 January, 2016.
December 02, 2015
Cеминар будет проводиться в КШЕ в Киеве 117-18 декабря 2015 года.
August 05, 2015
The unique KSE MBA program efficiently combines a comprehensive approach to a real-life case learning, analytical methods for decision-making and is specifically designed to educate a new generation of business leaders on how to make the most out of opportunities the global markets offer. KSE MBA combines high academic standards of top EU and US business schools with practical real-life cases from top employers of Ukraine which constitute an essential part of the program curriculum.
Working paper info
16/09E
A Response of the Economy to Changes in Employment Structure
Title
Shapoval Alexander and Goncharenko Vasily
Author
D. Public economics
Theme
Policy brief
2016-07-22
Date
Abstract:

This paper examines the response of economies to shocks in demand. The analysis is performed by using a general equilibrium model with monopolisti ompetition in hi-tech sectors, perfect ompetition in a traditional sector, labor market frictions, and bargaining that determines wages. We posit that labor market frictions result in unemployment in the equilibrium. Under a positive shock in demand, new individuals become unemployed. If the elasticity of substitution between varieties of dierentiated goods is a decreasing/increasing function, then the intersector wage inequality enlarges/falls. In the first case, all individuals gain but those who lost their jobs.

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