Working papers - academic research on economy aimed at enhancing the knowledge about economic processes, problems and trends through development of new theories and concepts. The results of these studies are published in leading international journals, as for example SAGE Knowledge, Journal of Economic Development, Research Policy (Science Direct), Baltic Journal of Economics, Eastern Economic Journal and etc.
Alexander Gedranovich|Mykhaylo Salnykov| 11.07.2012
Productivity Analysis of Belarusian Higher Education System
In this paper the authors explore the issue of the measurement of productivity in the context of higher education.
11.09.2011
Structural Breaks and Dynamic Characteristics of Inflation and Growth Rates of Monetary Aggregates
The paper addresses the problem of determining the order of integration of inflation and growth rates of monetary aggregates under the multiple structural breaks in dynamics of these variables.
11.08.2011
The Impact of Directed Lending on Long-Run Growth in Belarus
The study deals with a specific form of financial repression peculiar to Belarus – a mechanism of directed loans.
Hidden Champions of Belarus 2011
Extending the taxonomy of Belarusian Hidden Champions, the chapter discusses the context in which Belarusian Hidden Champions evolved and adapted their business models to rapidly changing global environment. Based on in-depth interviews with founders, we present the case studies of three Belarusian Hidden Champions that substantially differ in terms of their history, strategy and business model. In addition, getting a glimpse of the future, we make assumptions on sectors that may give rise to new Hidden Champions. Implications and recommendations for the government, business schools and financial institutions are provided.
Maksim Yemelyanau|Aliaksandr Amialchuk|Katerina Lisenkova|Mykhaylo Salnykov| 11.05.2011
Economic Determinants of Fertility in Belarus: a Micro-Data Analysis
This paper examines the determinants of births in Belarus in 1996-2007 by using detailed micro data from the Belarusian Household Budget Surveys (BHBS).
| 11.05.2011
Real Business Cycles in the Model with Two-person Household and Home Production
This paper is an attempt to replicate the co-movement of hours and productivity observed in the post-war U.S. data using one shock model.