MEETING TIME and VENUE:
09:00 – Bank of Lithuania, Totorių g. 4, Vilnius and Microsoft Teams channel
AGENDA/PRESENTATIONS:
9:30-9:45 Opening Remarks (main hall)
Aurelija Proškutė (Bank of Lithuania)
9:45-11:15 Session A1: Government Intervention (main hall). Facilitator: Aurelija Proškutė (Bank of Lithuania)
- Progressing Towards Efficiency: The Role for Labor Tax Progression in Reforming Social Security (Slides (888.9 KB download icon))
- Joanna Tyrowicz (University of Regensburg, FAME|GRAPE, and IZA), Krzysztof Makarski (FAME|GRAPE and Warsaw School of Economics), and Oliwia Komada (FAME|GRAPE)
- Government Debt Management and Inflation with Real and Nominal Bonds (Slides (581.6 KB download icon))
- Vytautas Valaitis (University of Surrey), Lukas Schmid (University of Southern California and CEPR), and Alessandro T. Villa (Federal Reserve Bank of CHicago)
- Macroprudential Intervention and (Un)employed Households
- Ali Elminejad (Charles University in Prague)
9:45-11:15 Session A2: Alternative Labor (hybrid, room 303). Facilitator: Linas Tarasonis (Bank of Lithuania)
- Automation in an Open, Catching-Up Economy: Aggregate and Microeconometric Evidence
- Amaresh K Tiwari (University of Tartu)
- Do Alternative Work Arrangements Substitute Standard Employment? Evidence from Worker-Level Data
- (Remote) Filippo Passerini (Catholic University of Milan) and Bernardo Fanfani (University of Turin)
- Digital Capacity and Employment Outcomes: Microdata Evidence from Pre- and Post-COVID-19 Europe (Slides (1.6 MB download icon))
- Kadri Männasoo (Tallinn University of Technology), Jon Kristian Pareliussen (OECD), and Artjom Saia (Tallinn University of Technology)
11:30-12:30 Special session 1: Strategy Lithuania 2050 (main hall). Facilitator: Justinas Mickus (Strata)
- Major Future Economic Challenges
- Linas Tarasonis (Bank of Lithuania)
13:45-15:45 Session B1. Market and Real Efficiency (hybrid, room 303). Jūratė Jaraitė-Kažukauskė (Vilnius University)
- Feedback Effects, Market Valuations, and Real Efficiency (Slides (291.9 KB download icon))
- Junghum Park (Bank of Lithuania and Vilnius University)
- Threshold Implementation with Refund Bonuses in Decentralized Financial Markets
- Robertas Zubrickas (University of Bath and Vilnius University), Timothy Cason (Purdue University), and Alexander Tabarrok (George Mason University)
- Behavioral Interventions and Market Efficiency: The Case of a Volatile Retail Electricity Market
- (Remote) Rimvydas Baltaduonis (Gettysburg College), Jūratė Jaraitė (Vilnius University), and Andrius Kažukauskas (Vilnius University)
- The Evolution of ECB Communication Sentiments: How They Relate to Economic Environment and Financial Markets?
- Rokas Kaminskas (Bank of Lithuania and ISM University of Management and Economics) and Linas Jurkšas (Bank of Lithuania and Vilnius University)
13:45-15:45 Session B2. Gaining and Losing Welfare (main hall). Facilitator: Alminas Žaldokas (Hong Kong University of Science and Technology)
- Asymmetry Facilitates Wealth Creation in a Dynamic Investment Game
- Aidas Masiliūnas (University of Sheffield), Alessandro Del Ponte (University of Alabama), and Noah Lim (National University of Singapore)
- Kamikazes in Public Procurement
- Alminas Žaldokas (Hong Kong University of Science and Technology) and Dimas Fazio (National University of Singapore)
- Striking a Bargain: Narrative Identification of Wage Bargaining Shocks
- Žymantas Budrys (European University Institute), Mario Porqueddu (European Central Bank and Bank of Italy), and Andrej Sokol (Bloomberg LP and Centre for Macroeconomics)
- A Broken Eastern Promise? Realized Dynamic Effect of Retrofits on Energy Consumption in Soviet-era Multi-Apartment Buildings
- Andrius Kažukauskas (Vilnius University) and Xiaoying Li (Södertörn University)
16:15-17:45 Special Session 2: Global Shocks and Micro Adjustments (hybrid, room 303). Facilitator: Povilas Lastauskas (Queen Mary University of London)
- R&D Efficiency and Business Sector Spending in European Regions: Conditional Efficiency Approach
- Heili Hein (Tallinn University of Technology)
- Firm Survival and Growth in a Crisis: Ownership Structure, Access to Finance, and Public Policies (Slides (314.1 KB download icon))
- (Remote) Jānis Bērziņš (BI Norwegian Business School), Himal Gautam (BI Norwegian Business School), Salvatore Miglietta (BI Norwegian Business School), and Bogdan Stacescu (BI Norwegian Business School)
- Joining and Exiting the Value Chain of Foreign Multinationals and Performance of Their Local Suppliers: Evidence from Inter-firm Transaction Data
- (Remote) Priit Vahter (University of Tartu) and Jaan Masso (University of Tartu)
- Adjusting to Economic Sanctions
- Aurelija Proškutė (Bank of Lithuania and Vilnius University), Povilas Lastauskas (Queen Mary University of London), and Alminas Žaldokas (Hong Kong University of Science and Technology)