Vadym Volosovych

VOLOSOVYCH [AT] ESE.EUR.NL

ADDRESS: Erasmus University Rotterdam, Erasmus School of Economics, E2-31, PO Box 1738, 3000 DR Rotterdam, the Netherlands

PHONE: +31 10 408-1286|+31 10 408-1285 (secretariat)

LINKEDIN: www.linkedin.com/in/volosovych 

RESEARCH: ORCID IDEAS  EconPapers  SSRN  GoogleScholar 

Associate Professor of International Finance, Erasmus School of Economics, Erasmus University Rotterdam | Manager of the Economics bachelor programs at ESE | Research Fellow of Tinbergen Institute | PhD coordinator, Finance Group (ESE) | Associate Editor, Visnyk of the National Bank of Ukraine

Research interests/Advising

Firm organization and performance: firm productivity, competitiveness, activities of multinationals

Corporate finance: private equity, leveraged buyouts, institutional investors.

International finance: international investments; financial side of economic integration; micro and macro aspects of economic fluctuations; history of globalization.

Selected work

BSV_Buy_and_Build_2022sep30.pdf

On private equity...

Private Equity as Strategic Buyers (with Dyaran S. Bansraj and Han T.J. Smit), Tinbergen Institute Discussion Paper no. 20-041/IV 

FKSVV_direct_feb_8_2021_JIE.pdf

On firm performance

Quantifying Productivity Gains from Foreign Investment (with Christian Fons-Rosen, Sebnem Kalemli-Ozcan, Bent Sorensen, and Carolina Villegas-Sanchez), Journal of International Economics, 2021, vol. 131, 103456

PVV_Acquisitions_and_bank_relationships_oct2023.pdf

On banking

Corporate Acquisitions and Bank Relationships (with Steven Poelhekke and Razvan Vlahu), Tinbergen Institute Discussion Paper Series, Discussion Paper no. 21-082/IV 

Alfaro, Kalemli-Ozcan, and Volosovych (2014)JEEA_Sovereigns, Upstream Capital Flows and Global Imbalancesjeea12106.pdf

On international investments

Sovereigns, Upstream Capital Flows and Global Imbalances (with Laura Alfaro and Sebnem Kalemli-Ozcan), Journal of European Economic Association, 2014, vol. 12, iss. 5, 1240-1284

Research Papers & work in progress

Private Equity as Strategic Buyers (with Dyaran S. Bansraj and Han T.J. Smit) 

Corporate Acquisitions and Bank Relationships (with Steven Poelhekke and Razvan Vlahu), revise and resubmit, Management Science 

Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects (with Christian Fons-Rosen, Sebnem Kalemli-Ozcan, Bent Sorensen, and Carolina Villegas-Sanchez)

Publications (Refereed Journals)

How to Construct Nationally Representative Firm Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration (with Sebnem Kalemli-Ozcan, Bent Sorensen, Carolina Villegas-Sanchez, and Sevcan Yesiltas), American Economic Journal: Macroeconomics, 2024, vol. 16, iss. 2, 353-74. DOI: 10.1257/mac.20220036

Quantifying Productivity Gains from Foreign Investment (with Christian Fons-Rosen, Sebnem Kalemli-Ozcan, Bent Sorensen, and Carolina Villegas-Sanchez), Journal of International Economics, 2021, vol. 131, 103456

Deep Financial Integration and Volatility (with Sebnem Kalemli-Ozcan and Bent Sorensen), Journal of European Economic Association, 2014, vol. 12, iss. 6, 1558-1585. 

Sovereigns, Upstream Capital Flows and Global Imbalances (with Laura Alfaro and Sebnem Kalemli-Ozcan), Journal of European Economic Association, 2014, vol. 12, iss. 5, 1240-1284. Final version; Online Appendix; link to journal; public data and codes

Learning About Financial Market Integration from Principal Components Analysis, CESifo Economic Studies, 2013, vol. 59, iss. 2, 360-391. 

Risk Sharing from International Factor Income: Explaining Cross-Country Differences, Applied Economics, 2013, vol. 45, iss. 11, 1435-1459.

Financial Market Integration Over the Long Run: Is there a U-shape? Journal of International Money and Finance, November 2011, vol. 30, Iss. 7, 1535-1561. 

Gains from Financial Integration in the European Union: Evidence for New and Old Members (with Yuliya Demyanyk). Journal of International Money and Finance, March 2008, vol. 27, iss. 2, 277–294 

Why Doesn't Capital Flow From Rich To Poor Countries: An Empirical Investigation (with Laura Alfaro and Sebnem Kalemli-Ozcan). Review of Economics and Statistics, May 2008, vol 90, iss. 2, 347–368. 

other Research output

PUBLICATIONS (CHAPTERS)

Capital Flows in a Globalized World: The Role of Policies and Institutions (with Laura Alfaro and Sebnem Kalemli-Ozcan). In: Edwards, S. (Ed.), Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences. 2007. The University of Chicago Press, Chicago.

The Feasibility Of Monetary Targeting In Ukraine. In: von Cramon-Taubadel, S., Akimova, I. (Eds.), Fostering Sustainable Economic Growth in Ukraine. 2002. Physica-Verlag, Heidelberg


OTHER PUBLICATIONS

Building Value. Is value creation in buy-and-builds principally from multiple arbitrage? (with Dyaran S. Bansraj and Han T.J. Smit), Private Equity Findings, Coller Research Institute, iss. 17, 2021, 6-9 (lead article).

Methodology report for the second phase of the KETs Observatory (with Mark Lengton, Kristina Dervojeda, and Anton Koonstra), European Union, June 2017. Available at https://ec.europa.eu/growth/tools-databases/kets-tools/kets-observatory/methodology

Gains from Risk-Sharing in the EU (with Yulia Demyanyk), Beyond Transition, vol.18, iss.1, Jan-Mar 2007.

Is there an Investment Crisis in Ukraine? Conference proceedings of The 12th Ukrainian-German Symposium, 2001. Kyiv.

links 

sovereign-to-sovereign-flows.com International capital flows database by Alfaro, Kalemli-Ozcan & Volosovych

The external wealth of nations database by G.M. Milesi-Ferretti and P. Lane 

NON-WORK

In my free time, I am training the young children (up to 13 years old) in competitive swimming at Swimming and Polo Club Rotterdam (Zwemmen en Waterpolo Club in Rotterdam, ZPC Rotterdam). We are looking for the new members and enthusiastic volunteer trainers who can help 1-2 days a week in the evening.

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