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Past conferences
Virtual conference “Adjustments in and to an Uncertain World”
Bank of Lithuania and CEFER together with National Bank of Poland (NBP), Centre for Economic Policy Research (CEPR) and Central Bank Research Association (CEBRA) organized conference “Adjustments in and to an Uncertain World”.
Keynote speakers: Jennifer La’O (Columbia University and FED Minneapolis), Kalina Manova (University College London), Beata Javorcik (Oxford University and EBRD).
More information is available here.
25th International Panel Data Conference
The Bank of Lithuania and its Center for Excellence in Finance and Economic Research (CEFER) were involved in the organisation of the 25th International Panel Data Conference, which took place on 4-5 July 2019 in Vilnius, Lithuania.
The keynote speakers were Manuel Arellano (CEMFI), Peter Egger (ETH Zurich), Ivan Fernandez-Val (Boston University) and Bo Honore (Princeton University).
For more information, visit the conference website.
First international Baltic Economics Conference
The Inaugural Baltic Economic Conference took place on 11-12 June 2018 in Vilnius, Lithuania.
The keynote speaker of the first conference was Hashem Pesaran, professor of the University of Cambridge and the University of Southern California, who contributed to a wide range of topics on economics and econometrics, including a global economic model revealing how economic crises spread among countries.
For more information, visit the conference website.
Bachelor’s degree programme
CEFER, in collaboration with Vilnius University and the Applied Macroeconomic Research Division of the Bank of Lithuania (TMTS), has developed a Bachelor’s degree programme in Quantitative Economics, the first in Lithuania to combine mathematics, statistics, data science and economics.
The English-taught programme led by CEFER and TMTS researchers as well as lecturers from the Faculty of Economics and Mathematics at Vilnius University will enhance internationalisation of studies, provide opportunities for young talents to stay in Lithuania, prepare new generation analysts capable of combining economic intuition, data analysis, mathematical and computer modelling, and contribute to the increase in the supply of highly-skilled labour.
More information is available here.
CEFER researchers discuss the QE Bachelor's degree programme
Recent research papers
Peer-reviewed publications
(2021) Lockdown, employment adjustment, and financial frictions by Povilas Lastauskas. Small Business Economics. June 2021.
(2021) Banking Regulation and Collateral Screening in a Model of Information Asymmetry by Benjamin Hemingway. Journal of Financial Services Research. June 2021.
(2021) The factor analytical approach in near unit root interactive effects panels by Milda Norkutė, Joakim Westerlund. Journal of Econometrics, Volume 221(2), April 2021, Pages 569-590.
(2021) Instrumental Variable Estimation of Dynamic Linear Panel Data Models with Defactored Regressors and a Multifactor Error Structure by Milda Norkutė, Vasilis Sarafidis, Takashi Yamagata, Guowei Cui. Journal of Econometrics, Volume 220(2), February 2021, Pages 416-446.
(2020) Technology trade with asymmetric tax regimes and heterogeneous labour markets: Implications for macro quantities and asset prices by Patrick Grüning, Giuliano Curatola and Michael Donadelli. International Journal of Finance & Economics.
(2020) Labor market reforms and the monetary policy environment, Povilas Lastauskas and Julius Stakėnas. European Economic Review, Volume 128, September 2020.
(2020) Labour Market Institutions in Open Economy: Sectoral Reallocations, Aggregate Adjustments and Spillovers by Povilas Lastauskas and Julius Stakėnas. Review of International Economics, Volume 28, Issue 3, August 2020, Pages 814-845.
(2020) Consumption Insurance with Advance Information, Swapnil Singh and Christian Stoltenberg. Quantitative Economics, Volume 11, Issue 2, May 2020, Pages 671-711.
(2019) Whether and How Does Convergence Between EU and Lithuania Take Place?, Povilas Lastauskas. Book chapter in Lietuvos narystė Europos Sąjungoje: atskaitos taškai ir judėjimo kryptys, ISBN: 9786098163179, 2019, Pages 156.
CEFER insights
CEFER insights provides a glimpse of the type of work we are doing at CEFER, how we are developing international research networks, and engaging Lithuanian universities in educational and research activities.
CEFER insights is available here. (1.2 MB download icon)
This year we collaborated with Applied Macroeconomic Research Division to provide a broader picture of research at the Bank of Lithuania.
Insights is available here. (2.5 MB download icon)
Volume 3 of Insights, the newsletter of CEFER and Applied Macroeconomic Research Unit, which provides an overview of our activities in 2021.
Insights is available here. (4.1 MB download icon)
CEFER Challenge
The CEFER Challenge, inspired by the Federal Reserve Challenge in the US, is an annual thematic team competition for undergraduate and/or master level students from various academic disciplines. Students are encouraged to learn and think outside the box about the issues related to the euro area macroeconomy, the financial system, and the implementation of monetary policy. To learn more about CEFER Challenge click here
CEFER Challenge 2023
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