The National Bank of Ukraine encourages all interested stakeholders to participate in the next research seminar to be held at the National Bank of Ukraine on 22 September 2016 at 14:00 p.m. Mr Sergii Meleshchuk, PhD Student at UC Berkeley, will present the findings of the paper on "The Intensive Margin in Trade: Moving Beyond Pareto".
The research was conducted jointly with Ms Ana M. Fernandes, Senior Economist at the World Bank, Mr Peter J. Klenow, Professor at Stanford University, Ms Martha Denisse Pierola, Senior Economist in the Integration and Trade Sector of the Inter-American Development Bank, and Mr Andres Rodrıguez-Clare, Professor at the University of California (UC) Berkeley.
In their research, the authors investigate the role of the intensive margin in driving the variation in exports across trading partners. The canonical Melitz model of trade with Pareto-distributed firm productivities predicts that all variation in exports across trade partners should occur through the number of exporters – the extensive margin. However, based on data that cover firm-level exports from 50 countries, the authors found that average exports per exporter account for about 40 percent of the variation in overall exports across various exporting firms. In other words, about 40 percent of variation in exports occurs along the intensive margin.
Please follow the link to view the research paper http://goo.gl/BYf7m8
The working language of the seminar will be English.
In order to participate in a seminar, all interested stakeholders must submit an application indicating the applicant's first name and surname, place of employment, and contact information (telephone, e-mail) by 12.00 p.m. on 21 September 2016 via e-mail to [email protected]. Given the limited seats available, the NBU reserves the right to accept or reject applications. The NBU will inform each applicant as to acceptance or rejection of an application by the end of the day on 21 September 2016.
Seminar venue: room 206, 9, Instytutska St., Kyiv. The venue can be accessed via the central entrance. All participants are required to have a passport. Registration of participants will take place from 13.45 p.m. to 13.55 p.m.
The National Bank of Ukraine launched a series of research seminars in July 2015. During these seminars, representatives of the academic and expert community, international financial institutions, other central banks, and the NBU have the opportunity to share their research findings and discuss them with peers.
With the aim of arranging further research seminars, we encourage potential contributors to collaborate with us and present the findings of their research studies on issues related to the activities of the NBU and financial system operations. Please send proposals (with an indication of a suitable date for the seminar, and attached presentation materials, an executive summary and/or draft contributions) to the NBU Research Division of the Monetary Policy and Economic Analysis Department for consideration via e-mail