Research
|Natalia Kovrijnykh| 11.05.2013
Screening as a Unified Theory of Delinquency, Renegotiation, and Bankruptcy
The authors propose a parsimonious model with adverse selection where delinquency, renegotiation, and bankruptcy all occur in equilibrium as a result of a simple screening mechanism.
Kiryl Haiduk| 11.03.2013
The Outcome of Directed Lending in Belarus: Mitigating Recession or Dampening Long-Run Growth?
This study analyzes the effects of directed lending upon total factor productivity and GDP growth in Belarus over the period of 2000–2012.
| 20.12.2012
Portrait of a Belarusian Entrepreneur
This work studies the impact of all the three groups of factors on the development of business activities in Belarus.
Olga Belskaya|Daria Uryutina| 20.12.2012
Belarusian Business Associations: Problems and Potential Development
The research was focused on business associations (hereinafter referred to as BA) in Belarus.