Bank of Lithuania
December 10 10:00 - 12:00


10:00 – Bank of Lithuania, Microsoft Teams channel


10:00 – 10:05

Welcome and Opening Remarks

10:05 – 10:25

Linas Tarasonis (TMTS) "A First Glance at the Minimum Wage Incidence in Lithuania using Social Security Data“ Slides (848.9 KB download icon)
- What is the evolution of the monthly minimum wage in Lithuania?
- What is the percentage of workers who earn the minimum wage?
- What is the bite of the minimum wage in the wage distribution?
- How are the results different among different age and gender groups?

10:25 – 10:45

Mariarosaria Comunale (TMTS) "An Analysis of Investments and their Drivers in Lithuania“ Slides (2.5 MB download icon)
- What are the recent developments in investments in Lithuania and its possible drivers?
- What is the role of EU funds in investment dynamics?
- What are the crucial differences across various types of investment in terms of their drivers?

10:45 – 11:05

Karolis Bielskis (TMTS) "Household Finance and Consumption survey in Lithuania: First Results“ Slides (225.2 KB download icon)
- What is the homeownership rate in Lithuania?
- Is it entirely mortgage-based?
- How large is wealth inequality in Lithuania?
- How does it compare to other European countries?

11:05 – 11:10

Virtual Coffee Break

11:10 – 11:30

Swapnil Singh (CEFER) "Disparate Impact of Credit Scores in the Mortgage Market“
- What is the role of credit scores in the mortgage market - can they reduce the incidence of asymmetric information?
- How do the credit scores affect mortgage rejections for different population groups? Why?

11:30 – 11:50

Benjamin Hemingway (CEFER) “A Model of Banking Competition in SME Loan Applications” Slides (159.7 KB download icon)
- Why do some firms choose not to apply for bank loans even if they require financing? What does this mean for credit availability?
- What is the impact of increased competition on SME loan applications? Is greater competition always a good thing?

11:50 – 11:55

Closing Remarks

Last update: 16-12-2020