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The Kytasty Award

The Kytasty Foundation

Victor Kytasty’s Biography

An award in memory of Professor Victor Kytasty was established in 2001 by the former EERC Program Director, Dr. Michael Blackman. Dr. Kytasty was the Senior Advisor to the EERC program and had received an honorary doctorate degree from Kyiv-Mohyla Academy. He passed away on September 22, 2000.

The “Kytasty Award,” which is given annually at the EERC graduation ceremony, gives special recognition to the graduating student receiving the highest thesis grade. It recognizes academic achievement and the pursuit of professional and personal excellence that was exemplified by Victor Kytasty.

Viacheslav Sheremirov

In 2008, the Kytasty Award was given to Viacheslav Sheremirov for the best MA Thesis on "Spatial Dependence in Regional Growth Model: The Case of Ukraine". Viacheslav will continue his studies at the PhD Program in Economics at the University of California, Berkeley.

In 2007, the Kytasty Award for the best MA Thesis was split between two winners Olena Chekmezova and Andriy Radomskyy. Their thesis topics are the following: "Do We Pay for Clean Air: Hedonic Price Analysis of Housing Market in Kyiv" and "Analysis of Macroeconomic Shocks in the Former Soviet Union Countries" respectfully. Currently, Andriy works for Index Bank and Olena works for Colliers International.

In 2006, the winner of the Kytasty Award for the best MA Thesis is Sofiya Huzenko. Her thesis topic is the following: "Examination of the Border Efect in Ukraine: How Far is the East from the West?". Currently, Sofia works as a Financial Analyst for SARS company.

In 2005, the Kytasty Award was granted to Anna Mogilyas (thesis, "Firms' Heterogeneity, Monopolistic Competition in Differentiated Products and International Trade: a Generalized Model").)Currently, Anna works for Raiffeisen Bank Ukraine.

In 2004, the Kytasty Award was split between three winners: Kateryna Garmel (thesis, "The Impact of the EU Enlargement on Foreign Direct Investment in Acceding and Non-Acceding Countries"), and Oleksandr Kikot (thesis, "Essays on Deterring Foreign Direct Investors"), and Mykhaylo Salnykov (thesis, "Estimation of Environmental Inefficiencies and Shadow Prices of Pollutants: A Cross-Country Approach"). From fall 2004 Kateryra works for PricewaterhouseCoopers, Oleksandr studies at the Ph.D. Program in Economics at Pennsylvania State University, Mykhaylo – in Simon Fraser University.

In 2003, the Kytasty Award for the best thesis was granted to Andriy Gubachov (thesis, “Modeling the Influence of Property Rights Protection on the Gross Domestic Product in Ukraine”) and Roman Sysuyev(thesis, “The Optimal Foreign Trade Policy for Russian Cars in the Ukrainian Market”). Andriy is currently studying at the Ph.D. Program in Economics in Duke University. Roman is the Ph.D. student of the University of Rochester.

In 2002 the Kytasty Foundation established an annual fellowship to be granted to the winners of the “Kytasty Award.” Olena Bilan with the thesis on “Investigating the Liquidity Effect in the Ukrainian Interbank Market” has become a winner. Olena is now working for Dragon Capital.

In 2001, the “Kytasty Award” was jointly presented to two students who both received perfect scores on their theses: Maxym Kryshko and Yuriy Gorodnichenko. Maxym is now studying at the University of Pennsylvania, and Yuriy is a PhD student in economics at the University of Michigan.