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4th Baltic Economic Conference in Collaboration with Kaunas Technology University Keynote speaker: Kaivan Munshi (Yale University) presented “Economic Development and Entrepreneurship: The Chinese Experience” About 40 other papers were presented, covering a broad range of topics in theoretical and empirical economics, including macroeconomics, microeconomics, financial economics, labor economics, international trade, political economy, econometrics. |
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The 2nd CEFER/KTU/VU workshop took place at Vilnius University Faculty of Economics and Business. This event brought together economics researchers from CEFER, KTU and VU to discuss their latest projects. The workshop served as a forum for researchers to present their work and receive feedback from their peers. It also provided an opportunity for networking among the institutions and contributed to fostering a positive research culture in Lithuania. |
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5th Bank of Lithuanian Non-Technical Research Workshop Researchers from CEFER/TMTS focused on several key issues, including developments in the Lithuanian labor market, the dynamic and distributional impacts of decoupling from global value chains, the impact of Central Bank Digital Currency (CBDC) on bank deposits and the interbank market, and confidence bands for GDP and inflation projections. These topics were the main subjects of discussion for this year's sessions. The workshop primarily targets external participants from public and academic institutions in Lithuania. |
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11th Annual Lithuanian Conference on Economic Research / Winter Meeting This annual post-Christmas conference provides a platform for Lithuanian economists and international peers to network, share research, and foster collaborations and new ideas. This year, over 40 economists from various global institutions participated, contributing 18 presentations on topics like government intervention, labor market dynamics, and welfare economics, along with a discussion on Lithuania's 2050 strategy. |
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2nd Bank of Lithuania Invited Lecture Series / Conference Bank of Lithuania hosted the Invited lecture series "Frontiers of Research on Inequality and the Macroeconomy: Facts, Methods and Policy Implications". The lectures were delivered by Kurt Mitman from the International Institute of Economic Studies (IIES). The lectures were followed by a one-day conference with papers focusing on topics of inequality, inflation, risk sharing, and climate change. |
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Inspired by the Federal Reserve Challenge in the U.S., the CEFER Challenge is an annual thematic team competition open to university students from various academic disciplines. Three students from the University of Edinburgh won the inaugural CEFER Challenge, a virtual event designed to encourage students to think critically about macroeconomic issues in the euro area and the impact of climate change on monetary policy. A total of 25 students from various EEA countries and the UK participated. Six finalist teams faced a 15-minute Q&A session following their video presentations. Second place was awarded to students from the University of Orleans, France, and an honorable mention went to a mixed team that included a student from ISM, Lithuania. |
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Jeronimas Stroinovskis Lecture Series The Jeronimas Stroinovskis Lecture Series was established by the Bank of Lithuania in memory of Jeronimas Stroinovskis, who served as the rector of Vilnius University from 1799 to 1806. The Stroinovskis Lectures have two primary objectives: to present and elucidate advancements in economics research to a wide audience, and to educate and inspire students to study economics in all its facets. During the inaugural event, Andrei Zlate of the Federal Reserve Board delivered a lecture titled "Macroeconomic Implications of Offshoring, Labor Migration, Remittances, and Training." In his lecture, Mr. Zlate examined key trends in offshoring and migration data, making a compelling case for the role of economic models in explaining these data and offering policy insights. Through the use of carefully calibrated models, economists can elucidate the mechanisms underlying the procyclical nature of labor migration and the co-movement of output between countries engaged in offshoring. |
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In February 2023, the Board of the Bank of Lithuania awarded a prize of €5,000 to Jonas Striaukas for his thesis, "Estimation and Inference for High Dimensional Mixed Frequency Data Models." Jonas Striaukas defended his dissertation at the Catholic University of Leuven in Belgium. Dr. Striaukas argues that nowcasting gross domestic product (GDP) growth is an especially relevant application area for central banks. "In my dissertation, I demonstrate that the methods I propose yield more accurate forecasts compared to those currently used by central banks. Therefore, they serve as a more precise tool for central banks to monitor economic activity in real-time," said Jonas Striaukas. |
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Price discrimination and mortgage choice |
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How Resilient Is Mortgage Credit Supply? Evidence from the COVID-19 Pandemic |
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The Real Effects of Banking the Poor: Evidence from Brazil |
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Monetary Policy during Unbalanced Global Recoveries |
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To Bail-in or to Bailout: that's the (Macro) Question |
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Arbitrage Bounds on Cross Currency Options |
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The exchange rate insulation puzzle |
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High dimensional high frequency retail price dynamics: accounting for missing prices and quantities |
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| Innovation Union: Costs and Benefits of Innovation Policy Coordination Adam Hal Spencer (University of Nottingham) |
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Estimating the Effects of Government Spending Through the Production Network |
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Motivating Banks to Lend? Credit Spillover Effects of the Main Street Lending Program |
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See the upcoming Bank of Lithuania events in the calendar below. To express your interest in subscribing to the Bank of Lithuania's research seminars, please send an email to tl.bl@sranimes. |
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The Bank of Lithuania has established a scholarship to be awarded to the most outstanding students in the Quantitative Economics program at Vilnius University, as well as to those applying for the program. The scholarship is equivalent to five minimum monthly wages (MMW) as set by the Government. Each academic year, the Bank of Lithuania awards three scholarships at the start: one for a student in each year of the Quantitative Economics program at Vilnius University, that is, for first-year, second-year, and third-year students. In September 2022, the Bank of Lithuania granted scholarships to Elena Maniušytė, Sofija Volungevičiūtė, and Urtė Kalinauskaitė. |
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Last update: 29-12-2023