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.

The study deals with a specific form of financial repression peculiar to Belarus – a mechanism of directed loans.

This paper examines the determinants of births in Belarus in 1996-2007 by using detailed micro data from the Belarusian Household Budget Surveys (BHBS).

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.

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.

This paper empirically investigates the variety of FDI impacts on different sectors using firm level data. In particular, the unique dataset (which represents about 80% of the firms’ population) enables to analyze whether linkages between sectors can explain the difference in the impact of FDI on firm’s productivity as well as spillovers across sectors.