Following the presentations on the Third Research Conference for Students and Young Researchers Banking Sector and Monetary Policy: Future Prospects, the National Bank of Ukraine (NBU) and Kyiv School of Economics (KSE) have selected the best research papers on the monetary policy and the banking sector.
In mid-April 2019, the NBU and KSE held the Conference attended by 40 students and young researchers from KSE, higher educational institutions, including the Taras Shevchenko Kyiv National University, the Kyiv National Economic University n.a. Vadym Hetman, the National University of Kyiv-Mohyla Academy, think tanks, as well as the NBU.
Participating researchers presented their papers alongside young scholars from the NBU that did not take part in the competition.
According to evaluation of papers the commission selected five winners.
The winners were Yan Aladko (Taras Shevchenko Kyiv National University) and Dmytro Krukovets (KSE). The second prize was awarded to Denys Kalynovskyi (KSE), and the third prize was shared by Oleksii Hamaniuk (Center for Economic Strategy) and Hanna Sholokhova (Taras Shevchenko Kyiv National University).
The winners of the competition addressed the following issues in their research papers:
- Is inflation targeting effective for stabilizing a national economy?
- What is the best model for short-term forecasting of core inflation?
- What cutting-edge machine learning can assist in forecasting default of companies?
- What are the risks of the deposit guarantee system in Ukraine?
- How increasing domestic currency lending can effect the growth of a national economy?
The winners received awards from organizers, certificates for training in KSE, as well as internship offers from the NBU and invitations to attend NBU research conference Central Bank Communications: From Mystery to Transparency to take place on 23–24 May 2019.
Papers of the young researchers from the NBU that were not included in the competition were focused on interaction of macroprudential and monetary policies (Oleksandr Tarnavskyi), breaking down the GDP forecast (Nataliia Sydorenko), impact of inflation expectations on business decisions (Olena Movchun), effect of an increase in a minimum wage on the economy with a widespread off-the-book pay (Anastasiia Antonova), devising the financial stress index (Vladyslav Filatov), assessment of the equilibrium of retail lending (Pavlo Shykin).
Please be reminded, this is the third conference for students and young researchers held by the NBU and KSE.