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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.

March 07, 2016 Kh-Index | Khachapuri index and consumer price index move together up
07 March 2016

In February 2016, the average cost of cooking one standard Imeretian khachapuri declined to 3.44 GEL, which is 4.3% lower month-on-month (that is compared to January 2016), and 4.7% higher year-on-year (compared to February 2015).

The Making of Nations
07 March 2016

I was 13 when my family took the fateful decision to make ‘Aliyah’ to Israel back in 1977. ‘Aliyah’ (the act of going up in Hebrew) is a nice term describing Jewish ‘repatriation’ from the Diaspora (St. Petersburg, in my case) to the Holy Land. Etymologically, ‘Aliya’ originates in the ancient Israelite tradition of annual ‘pilgrimage tours’ to Jerusalem (situated almost 1km above sea level).

Coordination Games
05 March 2016

Some years ago my dad, who is an avid blogger, wrote a piece about a plague of disorderly advertising that was choking Kyiv. Notices promoting everything under the sun were plastered on the walls, fences, lamp-posts, in metro cars, on the bus stops, even on the pavement. Our own building’s entrance was a sad sight – always covered with debris of paper and glue.

ISET Launches a Three-Year Exchange Program with the University Of Lausanne
04 March 2016

In early February 2016, ISET opened its doors to a group of 7 economics students and faculty from one of Europe’s top schools of business and economics, HEC at the University of Lausanne, Switzerland.

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