Academic Conference


The Fourth International Conference in Economics and Finance

The Fourth International Conference in Economics and Finance took place in Minsk on May 28, 2014 with the support of the Ministry of Economy of the Republic of Belarus. 

The Conference was an important step towards integration of the Belarusian economic community into the global economic environment. The Conference served as a meeting place for Belarusian experts who left and those who stayed in Belarus. The Conference included plenary session and panel discussions on various aspects of modern economic science.

The Conference was organized by Mikhail Golosov (Princeton), Yuri Tserlukevich (Arizona State University), and Igor Livshits (Western Ontario).

The keynote speaker of the Conference was Professor Rajnish Mehra. Dr. Mehra is a co-author, with Edward C. Prescott, of one of the most cited papers in financial economics "The Equity Premium: A Puzzle".

The Conference was arranged with the financial support of the Swedish International Development Cooperation Agency (SIDA).


Emerging Market Liberalization and Monetary Control

Patrick J. Kelly, New Economic School, Russia

Exporting Liquidity: Branch Banking and Financial Integration

Elena Loutskina, University of Virginia, USA 

Biased Performance Evaluation in A Model of Career Concerns: Incentives versus Ex-Post Efficienc

Sergey Stepanov, Higher School of Economics, Russia 

A value-based approach to pension redesign in the US state pension plans

Zina Lekniute, University of Amsterdam, the Netherlands

Belarusian Economic Growth Decomposition

Dzmitry Kruk, Belarusian Economic Research and Outreach Centre, Belarus

Friendly Turn: Advertising Bias in the News Media

Alexandra Niessen-Ruenzi, Joined University of Mannheim, Germany

Why Do Specialist Managers run Diversified Firm?

Ilona Babenka, Arizona State University, USA

The Economics of Debt Collection: Enforcement of Consumer Credit Contracts

Viktar Fedaseyeu, Bocconi University, Italy

Screening as a Unified Theory of Delinquency, Renegotiation, and Bankruptcy

Igor Livshits, University of Western Ontario, Canada


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