The 7th Conference for Students and Young Researchers – Banking Sector and Monetary Policy: Future Prospects – was held on 24 May 2024. This was the first time since 2019 that the conference hosted by the NBU and Kyiv School of Economics had taken place in Kyiv (in a hybrid format).
The NBU and KSE selected eight best papers to be presented at the conference’s final round
The studies covered a wide range of topics: assessment of currency risks, estimation of the volatility of the real effective exchange rate, inflation expectations, specifics of interest rate parity in Ukraine, and optimization of banks’ marketing expenses. Young researchers also presented papers that evaluate the shadow economy’s impact on socioeconomic development and estimate the availability of government lending programs.
Dr Alex Nikolsko-Rzhevskyy (Professor at Lehigh University) was an invited honorary speaker of this year’s conference. He delivered the lecture Charting the Future: The Crucial Role of Economic Research in Uncertain Times.
Because of the overall rather high level of presented research, the conference’s jury announced the three best papers without awarding them specific places
The winners of the VII Conference for Students and Young Researchers are:
- Diana Tsymbal (National University of Kyiv-Mohyla Academy) with the paper Impact on Ukraine’s Socioeconomic Development from the Shadow Economy’s Evasion of Personal Income Tax on Wages
- Roman Soltysiak (National University of Kyiv-Mohyla Academy, National Bank of Ukraine) for Estimating the Effect of Affordable Loans 5–7–9% Program on Ukraine’s Corporate Sector
- Vitalii Kramar (Vasyl Stefanyk Precarpathian National University, National Bank of Ukraine) with the paper Evolution of the Anchoring of Firms’ Inflation Expectations in Ukraine: Evidence from the TVP-VAR-SV Approach
All of the conference’s finalists were awarded NBU certificates
The best research papers will also be considered for publication in the journal Visnyk of the National Bank of Ukraine and handed over for peer reviews (in line with the journal’s publishing policy).
The conference’s winners and their mentors have been invited to The 8th Annual Research Conference jointly organized by the National Bank of Ukraine and the Narodowy Bank Polski to be held in Kyiv (in a hybrid format). These participants will have the chance to talk to the world’s leading experts and central bankers, including the conference’s keynote speakers Gita Gopinath, IMF First Deputy Managing Director, and Frank Smets, Adviser in the Counsel to the Executive Board at the ECB.
It is during the Annual Research Conference that the official award ceremony for the winners of the student competition will take place. They will receive valuable gifts from the NBU and will be granted the possibility to take one of the master’s-level courses taught at KSE.
The conference’s program is available on the NBU’s website. The young researchers’ presentations are attached to this press release. An audio of the honorary speaker’s lecture is available here.
The NBU and KSE have been hosting the 7th Conference for Students and Young Researchers – Banking Sector and Monetary Policy: Future Prospects – every year since 2017, except for taking a forced break in 2022.
Over the past seven years, young researchers from various universities and research institutions both in Ukraine and abroad have submitted 144 papers, 71 of which made it to the finals. Twenty one of the conference’s participants have eventually joined the NBU team. A lot of them have been following their career paths in various units of the Ukrainian central bank.