Research


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.
| 20.07.2011
Foreign Investments: not just Attraction, but Effectiveness
This policy paper contains the analysis of the steps taken to attract foreign investments in Belarus in 2010.
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).
Kateryna Bornukova| 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.
20.03.2011
Macroeconomic Trends in 2010: Growth at any Cost
This policy paper contains the analysis of the problems of the foreign account deficit, external debt, money market imbalances, inflationary potential, fragile financial standing of domestic companies aggravated in Belarus by early 2011 and their impact on macroeconomic stability and long-term sustainable growth.
| 11.03.2011
The Impact of Foreign Direct Investment on Industrial Economic Growth in Belarus
This paper analyses the impact of foreign direct investment (FDI) on economic performance using the Belarusian industrial aggregated panel data over the 2002-2009 period.