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.
26th Research Workshop
List of participants
Group Project Status Researchers Project Title Project Description
09-112 C RNP
Tsyplakov Alexander
Links between Inflation and Inflation Uncertainty at the Longer Horizon This project aims to examine the link between inflation and inflation uncertainty using historical international data. We propose to use uncertainty of 2-years-ahead forecasts of price level which seems to be a more adequate measure of inflation uncertainty than the measures used habitually in the previous inflation-uncertainty research. We propose to derive an indicator of inflation uncertainty from a time-series model of inflation with time-varying parameters by means of Monte Carlo simulations. Results of time-series estimation from a large number of countries for CPI inflation would be used in cross-section regressions to measure the link across countries.
09-115 C NP
Davletov Sanzhar
Esenaliev Bakyt
A Remittances-Inflation Relationship in Kyrgyzstan: What causes what? In this paper, we try contribute to existing literature by exploring the nature of relationship between remittances and inflationary processes in Kyrgyzstan. We hypothesize that the relationship between these variables is bilateral. We employ the simultaneous-equations and Vector Error Correction Model (VECM) models as well as Granger causality test to verify the validity of our hypothesis.
09-105 B NP
Shiraliyeva Sudaba
Abbaszadeh Nigyar
Fataliyeva Gular
Role of Women Labor in Azerbaijan Economic Market This project will support research and interrogatory survey among people on the following themes: women's labor market participation; family and employment; economic productivity of women; role of women in Azerbaijan economic life; Project results will be published as a booklet and a monograph and disseminated through governmental and non-governmental organizations.
09-089 A NP
Hasanov Akram
Baharumshah Ahmad Zubaidi
Exchange Rate Risk and Trade Flows: The Case of Belarus, Kazakhstan, Russia and the Ukraine This study attempts to examine the effects of exchange rate risk on aggregate bilateral trade shows employing gravity models for the selected post-Soviet transition economies namely, Belarus, Kazakhstan, Russia, and Ukraine. The empirical analysis uses the quarterly data for the period generally from 1995q1 to 2008q4. In this study, the gravity models have been estimated which is perceived better model in predicting the bilateral trade between countries i and j using the panel data techniques. This study exploits the econometric model which is similar to that used by Rose (2000). Specifically, this study provides the estimation results for the gravity equation incorporating the following main determinants: distance between country i and j, product of incomes of trading countries, product of incomes per capita, bilateral exchange rate risk, dummy for the common border, and dummy for the common language. For the measure of exchange rate risk, this study estimated various GARCH family models assuming various distribution hypotheses and selected the best-fitted model relying on forecasting performance. The estimation results indicate that gravity models better explain the bilateral trade between countries i and j. In this study, i denotes one of the countries under study while j indicates one of the potential trading partners. For each country under study, ten potential trading partners are selected using the data provided in Directions of Trade (DOT) database of International Monetary Fund (IMF). Our findings are summarized as follows: first, Russian and Kazakh trade with potential trading countries is discouraged by exchange rate risk during de facto floating exchange rate regime. Second, during conventional fixed peg regime Ukrainian trade with trading partners is encouraged. Third, for the full sample period, the effect of exchange rate risk on bilateral trade is found to be ambiguous for Belarus, Russia, and Kazakhstan.
09-084 B NP
Grishnova Olena
Dumanska Vita
The Relationship between Women's Socio-Economics Status and Fertility in Ukraine The aim of this research is to identify the influence of women's social status on fertility in Ukraine using mutiperiod model of birth processes. The investigation of this relation will be conducted with regard to the following aspects such as determination of the factors that lead to postponing of the first child birth and increasing of time intervals between births of each next child, estimation of the childless and declining of family size.
09-083 B NP
Kovalevskiy Dmitry
Kostyaev Alexander
Taxes on greenhouse gases emissions and possible trajectories of economy-climate system (with applications to the Russian agricultural problems) The objective of the proposed project is to model the dynamics of the coupled economy-climate system in a two-region world (Russia - the rest of the world) under conditions of imposed taxes on greenhouse gases emissions. In the course of the project implementation a two-region model of endogenous economic growth under conditions of global warming will be developed. The optimal carbon tax rate will be estimated and the recommendations for the most efficient recycling of collected taxes into the national economy will be elaborated. The consequences of particular factors of climate change influence on the Russian agriculture will be modeled also.
09-082 C NP
Kupets Olga
Brain gain or brain waste? The performance of returning labor migrants in the Ukrainian labor market This study aims at investigating the performance of returning labor migrants in the Ukrainian labor market by analyzing their current labor force status and occupational choice with taking into account the possible sample selection into return migration, and identifying the challenges they face upon return. Thus, we hope to contribute to the existing economic literature and current policy debate about the impact of international labor migration on the economic development of the source country.
09-075 B NP
Surkov Sergey
Gender Aspect of Career Growth in Russia The focus of the project's attention is gender inequality of career growth in Russia in transition period. The proposed research would analyze labour histories of the respondents with use of Kaplan-Meier survival analysis on the basis of national representative survey "Education and Employment Survey". Results of the research could be the preconditions for development of economic measures for smoothing of gender inequality on Russian labour market.
09-071 C NP
Shapovalenko Nadiia
Nikolaychuk Sergiy
Assessment of Equilibrium Real Exchange Rate for Ukraine Basing on FEER Approach In paper we estimate the equilibrium exchange rate for Ukraine basing on FEER aproach. Our research shows how the devaluation of hryvnya in the end of 2008 influenced the macroeconomic imbalances. Also we investigate the issue of need for additional exchange rate adjustment.
09-065 A NP
Kislyak Nadezhda
Davidson Natalia
Vorobyev Pavel
Spatial concentration and firm performance in Russia We are performing empirical research of the geographical agglomeration externalities in the form of localization and urbanization economies. We use a balanced panel on 10533 Russian firms for the years 2001-2005. The main results of the research will be measurement of agglomeration economies and assessment of the enterprise location efficiency during transition towards the market economy. Great attention is drawn to the inter-industry differences in the size of agglomeration economies, as well as to possibility of their non-linear (inverted U) form. The project will allow us to clarify the need and directions of the cluster and urban policies in Russia.