Victoria V. Dobrynskaya

Assistant Professor:Faculty of Economic Sciences / Department of Finance
Visiting Scholar:HSE Campus in Perm / Faculty of Economics, Management, and Business Informatics / School of Economics and Finance

Victoria V. Dobrynskaya has been at HSE since 2004.

Education, Degrees and Academic Titles

2014
PhD
2014
Postgraduate programme in PhD in Finance
London School of Economics and Political Science, PhD in Finance
2012
Associate Professor
2008
Candidate of Sciences* (PhD) in Economic Theory
Higher School of Economics
2004
Master in Economics
Higher School of Economics

* Candidate of Sciences
According to the International Standard Classification of Education (ISCED) 2011, Candidate of Sciences belongs to ISCED level 8 - "doctoral or equivalent", together with PhD, DPhil, D.Lit, D.Sc, LL.D, Doctorate or similar. Candidate of Sciences allows its holders to reach the level of the Associate Professor.

Awards and Accomplishments

Best Teacher – 2014, 2012

Student Term / Thesis Papers

Bachelor
I. Dmitriev «Downside Risk Aversion of Style Investors». Faculty of Economic Sciences, 2017
N. Buneev «Ownership Structure and Stock Performance in Russia». International College of Economics and Finance, 2017
I. Legeza «Applicability of Prospect Theory for Explanation of Returns on the Russian Stock Market». Faculty of Economic Sciences, 2017
V. Shuklina «Dissecting Anomalies: the Case of the Russian Stock Market». Faculty of Economics, Management, and Business Informatics, 2017
V. Pismenskiy «Name Biases Affecting Stock Performance: The Case of Russian Stock Market». Faculty of Economic Sciences, 2017
A. Platonov «The Role of Digital Piracy in Video Game Industry on the Stock Market». Faculty of Economic Sciences, 2017
V. Ulianychev «Do Companies Financials Explain Different Magnitudes of Stocks Reactions to Changes in the Fed Funds Rate». International College of Economics and Finance, 2016
A. Valkovskiy «Stock Market Anomalies». Faculty of Economic Sciences, 2016
I. Pronichev «The Analysis of Sector Mutual Funds Performance». Faculty of Economic Sciences, 2016
V. Dolgov «Bid-ask Spread Determinants of Commercial Banks». International College of Economics and Finance, 2016
N. Geyvandova «Analysis of Anomalies on the Russian Financial Market». International College of Economics and Finance, 2016
V. Filina «Sun Spots and Stock Market Anomalies». International College of Economics and Finance, 2014
S. Bityuczkij «Does Top-Management Matter for an Enterprise?». International College of Economics and Finance, 2014
Master
K. Polovinko «The Influence of Stock Market Participants' Expectations on Future Returns from Theoretical and Empirical Viewpoints». Faculty of Economic Sciences, 2017

Full list of of student term / thesis papers

Courses (2017/2018)

Financial Economics (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics"; 3 year, 1, 2 module)Eng
Financial Economics (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics and Statistics"; 3 year, 1, 2 module)Eng
International Finance (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics"; 4 year, 3 module)Rus
International Finance (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics"; 3 year, 3 module)Eng
Past Courses

Courses (2016/2017)

Financial Economics (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics and Statistics"; 3 year, 1, 2 module)Eng
Financial Economics (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics"; 3 year, 1, 2 module)Eng
International Finance (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics"; 4 year, 3 module)Eng
International Finance (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics"; 3 year, 3 module)Eng
Research Seminar-1 (Master’s programme; Faculty of Economic Sciences; programme "Strategic Corporate Finance"; 1 year, 3, 4 module)Eng
Research Seminar-2 (Master’s programme; Faculty of Economic Sciences; programme "Strategic Corporate Finance"; 1 year, 3, 4 module)Eng
Research Seminar "Empirical Corporate Finance" (Master’s programme; Faculty of Economic Sciences; programme "Strategic Corporate Finance"; 1 year, 1, 2 module)Eng

Courses (2015/2016)

Financial Economics (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics"; 3 year, 1, 2 module)Eng
Financial Economics (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics and Statistics"; spec. "Экономика и статистика"; 3 year, 1, 2 module)Eng
International Finance (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics"; 4 year, 3 module)Eng
International Finance (Bachelor’s programme; Faculty of Economic Sciences; programme "Economics"; 3 year, 3 module)Eng
Research Seminar "Empirical Corporate Finance" (Master’s programme; Faculty of Economic Sciences; programme "Strategic Corporate Finance"; 1 year, 1-4 module)Eng

Courses (2014/2015)

Principles of Accounting (Bachelor’s programme; International College of Economics and Finance; programme "Double degree programme in Economics of the NRU HSE and the University of London"; "Economics and Management", "Mathematics and Economics", "Economics", "Banking and finance", "Economics and Finance"; 3 year, 1-4 module)Eng
Principles of Accounting (Bachelor’s programme; International College of Economics and Finance; programme "Double degree programme in Economics of the NRU HSE and the University of London"; "Economics", "Banking and finance", "Economics and Finance", "Mathematics and Economics", "Economics and Management", "Accounting and Finance"; 2 year, 1-4 module)Eng
Theory of Money and Credit (Bachelor’s programme; Faculty of World Economy and International Affairs; programme "World Economy"; spec. "World economy"; 3 year, 1, 2 module)Eng

Dissertation for a degree of Candidate of Science

2008

V. V. Dobrynskaya Оптимальная денежно-кредитная политика при неполном эффекте переноса валютного курса на цены и асимметричной жесткости цен

Publications¹⁶

Article Dobrynskaya V. V. Currency Exposure to Downside Risk: Which Fundamentals Matter? // Review of International Economics. 2015 doi (in print)
Preprint Dobrynskaya V. V. Upside and Downside Risks in Momentum Returns / NRU Higher School of Economics. Series FE "Financial Economics". 2015. No. WP BRP 50/FE/2015.
Article Dobrynskaya V. V. Downside Market Risk of Carry Trades // Review of Finance. 2014. Vol. 18. No. 5. P. 1885-1913. doi
Book Dobrynskaya V. V., Poleshchuk V. Management Accounting: A Key to Your Success in the Exam. M. : ., 2014.
Preprint Dobrynskaya V. V. Currency downside risk and macroeconomic variables / NRU Higher School of Economics. Series WP13 "Научные доклады Института фундаментальных междисциплинарных исследований". 2011. No. WP13/2011/01.
Book Dobrynskaya V. V. Financial Accounting: A Key to Your Success in the Exam, 2nd edition. Saarbrücken : LAP LAMBERT Academic Publishing, 2011.
Preprint Dobrynskaya V. V. Downside risk of carry trades / NRU Higher School of Economics. Series WP13 "Научные доклады Института фундаментальных междисциплинарных исследований". 2010. No. WP13/2010/01.
Article Dobrynskaya V. V., Turkisch E. Economic diversification and Dutch disease in Russia // Post-Communist Economies. 2010. Vol. 22. No. 3. P. 283-302. doi
Chapter Dobrynskaya V. V. Optimal monetary policy under incomplete pass-through and asymmetric price rigidity: The empirical evidence from Russia, in: Monetary Policy, Trade and Convergence. The Case of Transition Economies. Berlin : LIT Verlag, 2009. P. 47-78.
Article Dobrynskaya V. V. Asymmetric price rigidity and the optimal interest rate defense of the exchange rate: Some evidence for the US // Journal of Policy Modeling. 2008. No. 30(5). P. 713-724. doi
Article Dobrynskaya V. V. The monetary and exchange rate policy of the Central Bank of Russia under asymmetrical price rigidity. // International Journal of Innovation Economics. 2008. Vol. 1. No. 1. P. 29-62.
Preprint Dobrynskaya V. V. Влияние асимметричной жесткости цен на денежно-кредитную политику в открытой экономике и эмпирический анализ для ряда стран / NRU Higher School of Economics. Series WP9 "Исследования по экономике и финансам". 2008. No. 02.
Chapter Dobrynskaya V. V. The Implications of the Asymmetric Price Rigidity for the Optimal Monetary Policy and the Empirical Evidence from Russia, in: VIII Международная научная конференция. Модернизация экономики и общественное развитие: В 3 кн. / Отв. ред.: Е. Г. Ясин. Кн. 3. М. : Издательский дом ГУ-ВШЭ, 2007. P. 276-300.
Preprint Dobrynskaya V. V. Оптимальная денежно-кредитная политика при неполном эффекте переноса и асимметричной жесткости цен / NRU Higher School of Economics. Series WP13 "Научные доклады Института фундаментальных междисциплинарных исследований". 2007. No. 04.
Article Добрынская В. В. Эффект переноса и монетарная политика в России: что изменилось после кризиса 1998 г.? // Экономический журнал Высшей школы экономики. 2007. Т. 11. № 2. С. 213-233.
Preprint Dobrynskaya V. V., Levando D. V. Исследование эффекта переноса валютного курса в России / NRU Higher School of Economics. Series WP9 "Исследования по экономике и финансам". 2005. No. 02.

Education

2008 to present - London School of Economics and Political Science, PhD candidate in Finance.

2004-2005 - Erasmus University, Rotterdam, Holland. MSc Economics and Business.

1999-2002 - London School of Economics and Political Science of London University, External program, BSc Banking and Finance, 1st class honours.

Professional Interests

Empirical asset pricing
Macro-finance
International finance
Behaviourial economics and finance

Grants

2008 - Travel grant from HSE Economics Department; travel grant from HSE Research Fund.

2007 - Individual research grant from HSE Research Fund; travel grant from HSE Research Fund; travel grant from HSE CAS; travel grant from HSE IEP; individual research grant from ICEF Research Center, grant from HSE IEP for publication of the book "Accounting and finance: A key to your success in the exam".

2006 - Travel grant from HSE CAS; travel grant from HSE Research Fund; travel grant from HSE IEP.

2005 - Individual research grant from HSE Research Fund.

2003 - Research grant from National Training Foundation, with D. Levando.

Presentations at scientific seminars and conferences

2013: London Business School; London School of Economics; European Finanial Management Association Annual Meeting, Reading, UK (scheduled); 5th International Finance and Banking Society Conference, Nottingham (scheduled); 20th Annual Conference of the Multinational Finance Society, Izmir (scheduled).

2012: London School of Economics; 19th Annual Conference of the Multinational Finance Society, Krakow; Annual Congress of the European Economic Association, Malaga.

2010: New Economic School, Moscow.

2009: INFER Workshop on the Credit Crunch, Financial Regulation, Monetary Policy and the Market Inefficiencies, Kingston, UK; 26th International Symposium on Money, Banking and Finance, Orleans, France; ECOFI Symposium in Economics and Finance, Geneva; London School of Economics; International College of Economics and Finance, Moscow; Bank of Russia.

2008: Central Economics and Mathematics Institute of Russian Academy of Science, CEPR conference on International Macroeconomics and Finance, Paris; 3rd Nordic Conference on Behavioral and Experimental Economics, Copenhagen; ICEF, Moscow; Annual Meeting of Austrian Economic Association, Vienna; Spring Meeting of Young Economists, Lille; 9th SU-HSE International conference "Economic Modernization and Globalization", Moscow; Centre d'Etudes Prospectives et d'Informations Internationales (CEPII), Paris.

2007 : New Economic School, Moscow; Center for International Governance Innovation, Waterloo, Canada; 24th International Symposium on Money, Banking and Finance, Rennes; 8th SU-HSE International conference "Economic Modernization and Social Development", Moscow.

2006: XV International Tor Vergata Conference on Banking and Finance "Money, Finance and Growth", Rome; International Multidisciplinary Conference "European Russia", Dunkerque; 5th INFER Workshop on Monetary Economics and Financial Markets "Monetary Policy in Emerging Countries", Kingston University, London; Central Bank of Russia; Centre for Advanced Studies, SU-HSE.

2005: 10th International conference on finance and banking, Carvina; 32nd International conference of European Finance Association, Moscow; BOFIT/CEFIR Workshop on Russian macroeconomic and financial issues, Moscow; International conference of Applied Econometric Association "Exchange Rate Econometrics", Luxembourg.

2004: 5th SU-HSE International conference "Competitiveness and Economic Modernization", Moscow.

Timetable for today

Full timetable