Working Papers

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.

Kateryna Bornukova|Katerina Lisenkova| 11.12.2015
Effects of Population Ageing on the Pension System in Belarus
Belarus currently has a relatively generous pay-as-you-go pension system, but population aging coupled with recent problems with economic growth will soon make it unsustainable. We build a rich OLG model of Belarusian economy, which shows that without reform the Pension Fund will run into persistent and growing deficit, which will reach 9 per cent of GDP by 2055. We also compute the fiscal projections of several parametric pension reforms.
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).