Bank of Lithuania
Department Center for Excellence in Finance and Economic Research (CEFER) Eglė Jakučionytė, PhD
Address Totorių g. 4, 01121 Vilnius, Lithuania
Email tl.bl@etynoicukaje
Personal website https://sites.google.com/site/eglejakucionyte

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Research interests

Macrofinance, Real Estate Economics, International Macroeconomics 


Recent publications

Jakučionytė, E., & Singh, S. (2024). School closures and their implications for student outcomes: evidence from LithuaniaJournal of Education and Work.

Jakučionytė, E., & Singh, S. (2023). Emergence of subprime lending in minority neighborhoods. Real Estate Economics, 51(6), 1547-1583.

Jakučionytė, E., & Singh, S. (2022). Bowling alone, buying alone: The decline of co-borrowers in the US mortgage market. Journal of Housing Economics, 58(B).

Jakučionytė, E., & van Wijnbergen, S. (2021). The macroeconomics of carry trade gone wrong: Corporate and consumer losses in Emerging Europe. Economics of Transition and Institutional Change, 30(4), 773-812.

Working/Discussion/Occasional Papers:

Eglė Jakučionytė & Ran Gu & Swapnil Singh, 2025. Housing Energy Efficiency and the Horizon Effect (323.7 KB ).

Eglė Jakučionytė & Swapnil Singh, 2024.The Effects of Energy Efficiency Renovation of Residential Buildings on the Housing Market: A Study from Lithuania (1.7 MB ). 

Eglė Jakučionytė & Mustapha Douch & Swapnil Singh, 2024. Loans vs Subsidies: Lithuania’s State Support Policies During the COVID-19 Pandemic, (1016.5 KB ) Working paper No 36/2024.

Eglė Jakučionytė & Indrė Pusevaitė & Swapnil Singh, 2022. "Advance Information and Consumption Insurance: Evidence and Structural Estimation", Working paper No 107/2022

Eglė Jakučionytė & Swapnil Singh, 2021. "Emergence of Subprime Lending in Minority Neighborhoods", Working paper No 94/2021 

Eglė Jakučionytė and Sweder van Wijnbergen, 2021."The macroeconomics of carry trade gone wrong: Corporate and consumer losses in emerging Europe", Working paper No 89/2021 

Eglė Jakučionytė & Swapnil Singh, 2020. "Bowling Alone, Buying Alone: The Decline of Co-Borrowers in the US Mortgage Market," Working paper No 78/2020.

Eglė Jakučionytė & Swapnil Singh, 2019. "Mortgage foreclosure risk after the Great Recession," Working paper No 69/2019.

Eglė Jakučionytė, 2018. Output and Welfare Gains from Non-Recourse Mortgages: the Role of General Equilibrium Effects (459.1 KB ).

Eglė Jakučionytė & Sweder J.G. van Wijnbergen, 2018. Unclogging the Credit Channel: On the Macroeconomics of Bank Frictions (788.2 KB ) .

Eglė Jakučionytė & Sweder J.G. van Wijnbergen, 2018. Debt Overhang and the Macroeconomics of Carry Trade (743.6 KB ). 

Eglė Jakučionytė, 2017. "Personal bankruptcy, bank portfolio choice and the macroeconomy," Working paper No 44/2017.


Short biography

2018present  Principal Economist, Center for Excellence in Finance and Economic Research (CEFER), Bank of Lithuania, Lithuania
2018present  Researcher and lecturer, Faculty of Economics, Vilnius University (Vilnius, Lithuania)
20162018 Visiting Researcher, Center for Excellence in Finance and Economic Research (CEFER), Bank of Lithuania, Lithuania  
20142018  Ph.D. Economics, University of Amsterdam (Amsterdam, Netherlands)
20122014 Tinbergen Institute, MPhil in Economics
20082012 BSc Economics, Vilnius University (Vilnius, Lithuania)

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Last update: 23-09-2025