Dr. V. (Vadym) Volosovych

Erasmus School of Economics (ESE)
Erasmus University Rotterdam
Former Associate Member ERIM
Field: Finance & Accounting
Affiliated since 2010

Vadym Volosovych is Associate professor of international finance at Erasmus University Rotterdam. He received his PhD in economics from the University of Houston (USA) in 2006. He also holds a BSc in international economics and law from Dnipropetrovsk State University (Ukraine) and an MA in economics from the National University "Kyiv-Mohyla Academy" (Ukraine). His research is in the fields of international business (firm productivity, competitiveness, multinationals), corporate finance (private equity, leveraged buyouts, activities of institutional investors), and international finance (international investments; financial side of economic integration; micro and macro aspects of economic fluctuations; history of globalization). Volosovych is an Associate Editor of Visnyk of the National Bank of Ukraine  (the scientific publication of Ukraine’s central bank) and has been a visiting scholar at the National Bank of Ukraine, the research department of the International Monetary Fund, Washington D.C., and an assistant professor of economics at Florida Atlantic University (USA). Besides his policy work, Volosovych has a practical expertise in corporate valuation and participated in the grant for the European Commission “Key Enabling Technologies Observatory” in cooperation with PwC and Eurostat in 2016-18. In Ukraine, Dr. Volosovych worked as a research associate at the Institute for Economic Research and Policy Consulting Institute for Economic Research and Policy Consultingin Kiev. At this position Volosovych wrote research papers and advised the Government of Ukraine on issues related to macroeconomic, monetary, exchange-rate, and investment policy. His non-academic experience includes work in commercial banking and small business development. Information about his research is also available at: IDEAS  EconPapers  SSRN

Publications

  • Academic (9)
    • Kalemli-Özcan, S., Sorensen , B. E., Villegas-Sanchez, C., Volosovych, V., & Yesiltas, S. (2024). How to Construct Nationally Representative Firm Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration: New Facts on SMEs and Aggregate Implications for Industry Concentrations. American Economic Journal: Macroeconomics, 16(2), 353-374. https://doi.org/10.1257/mac.20220036

    • Fons-Rosen, C., Kalemli-Ozcan, S., Sorensen, B., Villegas-Sanchez, C., & Volosovych, V. (2021). Quantifying Productivity Gains from Foreign Investment. Journal of International Economics, 131, Article 103456. https://doi.org/10.1016/j.jinteco.2021.103456

    • Alfaro, L., Kalemli-Ozcan, S., & Volosovych, V. (2014). Sovereigns, Upstream Capital Flows and Global Imbalances. Journal of the European Economic Association, 12(5), 1240-1284. https://doi.org/10.1111/jeea.12106

    • Kalemli-Ozcan, S., Sorensen, B., & Volosovych, V. (2014). Deep Financial Integration and Volatility. Journal of the European Economic Association, 12(6), 1558-1585. https://doi.org/10.1111/jeea.12089

    • Volosovych, V. (2012). Learning About Financial Market Integration from Principal Components Analysis. CESifo Economic Studies, 59(2), 360-391. https://doi.org/10.1093/cesifo/ifs003

    • Volosovych, V. (2011). Risk Sharing from International Factor Income: Explaining Cross-Country Differences. Applied Economics, 45(11), 1435-1459. https://doi.org/10.1080/00036846.2011.617703

    • Volosovych, V. (2011). Financial Market Integration Over the Long Run: Is there a U-shape? Journal of International Money and Finance, 30(7), 1535-1561. https://doi.org/10.1016/j.jimonfin.2011.07.011

    • Alfaro, L., Kalemli-Ozcan, S., & Volosovych, V. (2008). Why Doesn't Capital Flow From Rich To Poor Countries: An Empirical Investigation. The Review of Economics and Statistics, 90(2), 347-368. https://doi.org/10.1162/rest.90.2.347

    • Demyanyk, Y., & Volosovych, V. (2008). Gains from Financial Integration in the European Union: Evidence for New and Old Members. Journal of International Money and Finance, 27(2), 277-294. https://doi.org/10.1016/j.jimonfin.2007.12.011

  • Academic (1)
    • Alfaro, L., Kalemli-Ozcan, S., & Volosovych, V. (2007). Capital Flows in a Globalized World: The Role of Policies and Institutions. In S. Edwards (Ed.), Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences (pp. 19-68). The University of Chicago Press.

  • Academic (3)
    • Fons-Rosen, C., Kalemli-Ozcan, S., Sorensen, B., Villegas-Sanchez, C., & Volosovych, V. (2021). Quantifying Productivity Gains from Foreign Investment. https://doi.org/10.2139/ssrn.2249706

    • Fons-Rosen, C., Kalemli-Ozcan, S., Sorensen, B., Villegas-Sanchez, C., & Volosovych, V. (2017). Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects. NBER Working Paper 23643. https://doi.org/10.3386/w23643

    • Kalemli-Ozcan, S., Sorensen, B., Villegas-Sanchez, C., Volosovych, V., & Yesiltas, S. (2015). How to Construct Nationally Representative Firm Level Data from the ORBIS Global Database.

  • Role: Daily Supervisor
  • PhD Candidate: Dyaran Bansraj
  • Time frame: 2015 - 2020

Address

Visiting address

Office: Tinbergen Building H14-30
Burgemeester Oudlaan 50
3062 PA Rotterdam

Postal address

Postbus 1738
3000 DR Rotterdam
Netherlands