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People tend to take less risks during economic crises according to ISET’s Norberto Pignatti
07 March 2016

Using the panel data on the German and Ukrainian labor markets, Prof. Pignatti and his co-authors Thomas Dohmen (University of Bonn, Maastricht University, IZA and DIW, Berlin) and Hartmut Lehmann (University of Bologna, IZA and DIW, Berlin) show that risk attitudes have permanent (exogenous) determinants that are valid at different stages of economic development and in different structural contexts.

January 2016 GDP Forecast | Sharp drop in short-term consumer credit lowers growth forecast
26 January 2016

We have recently updated the GDP series (the dependent variable in our model), using the revised GDP growth rates available from Geostat. Based on the November data, the forecast for GDP growth in the fourth quarter of 2015 now stands at 3.4%. This is 0.1 percentage points lower than in the previous vintage of the forecast.

Giorgi Nozadze: Successful ISET Alumnus
25 January 2016

ISET is happy to announce that Giorgi Nozadze was promoted to a new position at the Ministry of Agriculture of Georgia (MoA). Giorgi graduated from ISET with the class of 2011. He started his professional career working in the risk management department of a commercial bank. In the summer of 2012 he was employed by the National Statistics Office of Georgia (GeoStat) as a database analyst.

Assessing the Food Security Data Relevance and Collection Mechanisms in the South Caucasus
30 December 2015

The concept of food security (FS) is holistic and brings together the notions of the availability of sufficient amounts of food, access to food, food utilization (including nutrition aspects) and stability in the food supply.

Give Your Country a Holiday Gift: Buy Small, Buy Local, Buy Georgian!
20 December 2015

Once again, Georgians across the country are preparing for the holiday season, making travel plans, crushing walnuts for gozinaki, and buying gifts for their friends and families. Gifts are an important part of celebrating the New Year and Christmas, signifying the importance of friendship and allowing us to treat our loved ones to something to start a brand new year in style.

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