The next open research seminar is to take place at the National Bank of Ukraine on 8 August 2017. Dr. Inessa Love, professor of economics at the University of Hawaii at Manoa, will give a seminar on the applications and use of Panel Vector Autoregressive (PVAR) models in economic research.
Dr. Inessa Love is a well-respected economist who made a great contribution to the development of PVAR framework for modeling complex dynamic socio-economic systems. During the seminar, Dr. Love will give a short lecture on developing and estimating PVAR models using a recently published paper that developed a new package of PVAR programs for STATA and, thereafter, will cover several applications of PVARs using her research papers:
"Financial Development and Dynamic Investment Behavior: evidence from Panel VAR" which uses firm level data across countries to show how investment is differentially affected by fundamental and financial factors in countries with different levels of financial development.
"The impact of funding models and foreign bank ownership on bank credit growth: is Central and Eastern Europe different?" which provides new evidence on the factors affecting protracted credit contraction in the wake of the global financial crisis;
"Macro-Financial Linkages in Egypt: A Panel Analysis of Economic Shocks and Loan Portfolio Quality" which investigates macro-financial linkages in Egypt using two complementary methods, assessing the interaction between different macroeconomic aggregates and loan portfolio quality in a multivariate framework as well as through a panel vector autoregressive method that controls for bank-level characteristics.
Dr. Inessa Love received her PhD in financial economics from Columbia Business School in New York, her MA in applied economics from The American University in Washington, DC, and a BA in applied mathematics from Zaporozhye State University in Ukraine. Dr. Love joined the University of Hawaii in August 2012. Previously, she was at the World Bank where she worked in numerous countries and regions and participated in a variety of applied policy projects, including financial sector assessments, improving access to finance, and evaluating business environment reforms. Her research has focused on financial sector development, corporate finance, small and medium enterprise financing, impact evaluation, and financial crisis. Her publications include articles in the Journal of Finance, Journal of Financial Economics, Journal of Development Economics, Economic Letters and others.
The working language of the seminar will be English.
The seminar will start at 2 p.m. 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 1.45 p.m. to 1.55 p.m.
In order to participate in the seminar, all interested stakeholders are required to submit an application indicating surname, name of the applicant, place of employment, and contact information (telephone, e-mail) by 5 p.m. on 7 August 2017 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 via e-mail.