Papers by central bank researchers presented at 5th Annual Lithuanian Conference on Economic Research

‘Seeking progress in the field of economics in our country, the Bank of Lithuania has taken the initiative to bring together researchers in economics to join forces at the CEFER. Researchers working there aim to conduct research on relevant issues in the fields of banking and finance and actively raise the level of economic research in Lithuania. We pursue these goals by cooperating with domestic institutions of higher education, jointly organising scientific conferences and other events where relevant issues in the fields of economics and finance are discussed. We are glad that organising this high-level economic conference, where Lithuanian and foreign economists share their insights, in mid-summer in Vilnius has become a tradition’, said Marius Jurgilas, Member of the Board of the Bank of Lithuania.

This year the Conference organised by the ISM Univer‘Seeking progress in the field of economics in our country, the Bank of Lithuania has taken the initiative to bring together researchers in economics to join forces at the CEFER. Researchers working there aim tosity of Management and Economics received particularly great attention — during five sessions participants will present 26 research papers. Three of them are papers by researchers of the CEFER, established by the Bank of Lithuania and Vilnius University, done in collaboration with partners from European universities.

Patrick Grüning, Senior Economist at the CEFER, in his presentation will examine how the setting of the prices of some goods — food and gas — and their price increase affects, due to many factors, the income of low-earning persons and how this has an impact on all of society’s economic well-being. Matthias Weber, Economist at the CEFER, will present a scientific study about monetary policy, which studies people’s expectations about economic processes. He will analyse the data of a specially-conducted experiment. On the basis of the results of her study on the resident ageing and pension reform in our region, Zsuzsa Munkácsi, Economist at the CEFER, will analyse the social model of the Baltic countries.

Speakers at the Conference include representatives from the central bank of Latvia, World Bank, as well as USA, Asian, and European universities.

The programme of the event is available here: http://meeting2016.econ.lt/program

The Bank of Lithuania has been contributing to the organisation of the Conference for five consecutive years. Previous conferences were organised in close cooperation with the International Business School (in 2012), Vilnius University (in 2014) and Vytautas Magnus University (in 2015).

Research