<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
   <channel>
            <atom:link href="https://www.lb.lt/en/publications/rss" rel="self" type="application/rss+xml" />
      <title>The Bank of Lithuania: Publications</title>
      <link>https://www.lb.lt/en/publications</link>
      <description>RSS</description>
      <language>en</language>
            <pubDate>pm, Europe/Vilnius b 2026 10:01:26 GMT</pubDate>
      <lastBuildDate>pm, Europe/Vilnius b 2026 10:01:26 GMT</lastBuildDate>
            <docs>http://blogs.law.harvard.edu/tech/rss</docs>
      <generator>SystemSight</generator>
               <item>
            <title>Macroeconomic Projections (September 2026)</title>
            <link>https://www.lb.lt/en/publications/macroeconomic-projections-september-2026</link>
            <description><![CDATA[ The Bank of Lithuania macroeconomic projections aim to predict and understand the future state of Lithuania’s economy. They include information related to economic growth, inflation, wages, unemployment and trade, taking into account international and...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 10:01:26 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/macroeconomic-projections-september-2026</guid>
         </item>
               <item>
            <title>Quarterly assessment of the financial cycle in Lithuania (2026/Q2-3)</title>
            <link>https://www.lb.lt/en/publications/quarterly-assessment-of-the-financial-cycle-in-lithuania-2026-q2-3</link>
            <description><![CDATA[ The review provides an assessment of imbalances in the financial system. The material presented in the review constitutes grounds for the application of the countercyclical capital buffer rate. 

 Published: quarterly. ]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 07:36:36 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/quarterly-assessment-of-the-financial-cycle-in-lithuania-2026-q2-3</guid>
         </item>
               <item>
            <title>Review of Lithuania&#039;s Insurance Market (2026/Q2)</title>
            <link>https://www.lb.lt/en/publications/review-of-lithuanias-insurance-market-2026-q2</link>
            <description><![CDATA[ The review presents information on the main indicators of Lithuania’s insurance market for the respective period as well as assesses changes and their possible impact on further market developments. Taking into account the changes in the country’s...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 01:29:06 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-lithuanias-insurance-market-2026-q2</guid>
         </item>
               <item>
            <title>Corporate Disclosure, Government Bailout, and Liquidity Crisis</title>
            <link>https://www.lb.lt/en/publications/corporate-disclosure-government-bailout-and-liquidity-crisis</link>
            <description><![CDATA[ This study examines the effects of a government bailout on corporate disclosure when a firm is exposed to the risk of investors withdrawing their investments from the firm. The government bailout affects the behavior of investors, which, in turn,...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 09:48:32 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/corporate-disclosure-government-bailout-and-liquidity-crisis</guid>
         </item>
               <item>
            <title>Financial Stability Review (2026)</title>
            <link>https://www.lb.lt/en/publications/financial-stability-review-2026</link>
            <description><![CDATA[ The review describes the key risks that might affect the functioning of Lithuania’s financial system, particularly the banking sector, as well as examines external and internal macroeconomic developments and their impact on the domestic financial...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 02:18:23 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/financial-stability-review-2026</guid>
         </item>
               <item>
            <title>Evolution of Small and Medium Enterprises in Lithuania Over the Period 2004–2024</title>
            <link>https://www.lb.lt/en/publications/evolution-of-small-and-medium-enterprises-in-lithuania-over-the-period-2004-2024</link>
            <description><![CDATA[ This article analyzes Small and Medium Enterprise (SMEs) employment dynamics in Lithuania from 2004 to 2024, with particular attention to spatial patterns at the municipality level. I document employment polarization within the TDS enterprise panel:...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 01:52:35 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/evolution-of-small-and-medium-enterprises-in-lithuania-over-the-period-2004-2024</guid>
         </item>
               <item>
            <title>Profile of the Lithuanian investor (2025)</title>
            <link>https://www.lb.lt/en/publications/profile-of-the-lithuanian-investor-2025</link>
            <description><![CDATA[ The review presents an analysis of financial market participants registered in Lithuania and supervised by the Bank of Lithuania over the respective year, and assesses the changes in Lithuania‘s investors portfolios. 

 Published: annually...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 08:31:00 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/profile-of-the-lithuanian-investor-2025</guid>
         </item>
               <item>
            <title>Profile of the Lithuanian investor (2024)</title>
            <link>https://www.lb.lt/en/publications/profile-of-the-lithuanian-investor-2024</link>
            <description><![CDATA[ The review presents an analysis of financial market participants registered in Lithuania and supervised by the Bank of Lithuania over the respective year, and assesses the changes in Lithuania‘s investors portfolios. 

 Published: annually...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 01:28:25 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/profile-of-the-lithuanian-investor-2024</guid>
         </item>
               <item>
            <title>Banking Activity Review (2026/Q1)</title>
            <link>https://www.lb.lt/en/publications/banking-activity-review-2026-q1</link>
            <description><![CDATA[ The review presents an analysis of the key financial indicators of the major banks operating in Lithuania during the reporting period and their trends, overviews relevant news in law-making and settlement of consumer disputes as well as provides...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 08:38:43 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/banking-activity-review-2026-q1</guid>
         </item>
               <item>
            <title>Review of Lithuania&#039;s Insurance Market (2026/Q1)</title>
            <link>https://www.lb.lt/en/publications/review-of-lithuania-s-insurance-market-2026-q1</link>
            <description><![CDATA[ The review presents information on the main indicators of Lithuania’s insurance market for the respective period as well as assesses changes and their possible impact on further market developments. Taking into account the changes in the country’s...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 01:25:29 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-lithuania-s-insurance-market-2026-q1</guid>
         </item>
               <item>
            <title>Calibrating the Positive Neutral and Overall CCyB:  A Macroprudential Stress Testing Approach</title>
            <link>https://www.lb.lt/en/publications/calibrating-the-positive-neutral-and-overall-ccyb-a-macroprudential-stress-testing-approach</link>
            <description><![CDATA[ The adoption of the positive neutral countercyclical capital buffer (PN CCyB) has increased across jurisdictions, yet quantitative calibration methodologies vary considerably and typically address either the PN CCyB or the overall CCyB separately....]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 05:01:12 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/calibrating-the-positive-neutral-and-overall-ccyb-a-macroprudential-stress-testing-approach</guid>
         </item>
               <item>
            <title>Why Do Many Modern Central Banks no Longer Regulate the Money Supply?</title>
            <link>https://www.lb.lt/en/publications/why-do-many-modern-central-banks-no-longer-regulate-the-money-supply</link>
            <description><![CDATA[ There are recurring claims in the public debate and the media that central banks (including the ECB) do not pay sufficient attention to the money supply and therefore have overlooked the inflation surge in 2022–23. This article therefore examines why...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 02:21:30 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/why-do-many-modern-central-banks-no-longer-regulate-the-money-supply</guid>
         </item>
               <item>
            <title>Indexation, Reserves, and Crisis Resilience: An Assessment of Lithuania’s Social Insurance Fund</title>
            <link>https://www.lb.lt/en/publications/indexation-reserves-and-crisis-resilience-an-assessment-of-lithuania-s-social-insurance-fund</link>
            <description><![CDATA[ This paper assesses reserves of Lithuania’s social insurance fund (Sodra) under demographic ageing and macroeconomic stress, projecting the budget through 2050 under two pension indexation rules: the current law and a seven-year average rule that...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 04:27:16 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/indexation-reserves-and-crisis-resilience-an-assessment-of-lithuania-s-social-insurance-fund</guid>
         </item>
               <item>
            <title>Climate-related disclosures of Lietuvos bankas‘ non-monetary policy portfolios (2025)</title>
            <link>https://www.lb.lt/en/publications/climate-related-disclosures-of-lietuvos-bankas-non-monetary-policy-portfolios-2025</link>
            <description><![CDATA[ The Bank of Lithuania and the Eurosystem are committed to addressing climate change by managing climate-related risks, supporting an orderly transition to a carbon-neutral economy, fostering wider action, and reducing environmental impact. Against...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 06:03:38 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/climate-related-disclosures-of-lietuvos-bankas-non-monetary-policy-portfolios-2025</guid>
         </item>
               <item>
            <title>Macroeconomic Projections (June 2026)</title>
            <link>https://www.lb.lt/en/publications/macroeconomic-projections-june-2026</link>
            <description><![CDATA[ The Bank of Lithuania macroeconomic projections aim to predict and understand the future state of Lithuania’s economy. They include information related to economic growth, inflation, wages, unemployment and trade, taking into account international and...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 05:51:47 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/macroeconomic-projections-june-2026</guid>
         </item>
               <item>
            <title>Consumer of Last Resort: Government procurement,  firm-levelevidence and the macroeconomy</title>
            <link>https://www.lb.lt/en/publications/consumer-of-last-resort-government-procurement-firm-levelevidence-and-the-macroeconomy</link>
            <description><![CDATA[ Public spending has been shown to stimulate private consumption and aggregate output. Less is known about the extent to which public demand and procurement markets can affect individual firms, particularly their financial stability and resilience to...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 04:17:15 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/consumer-of-last-resort-government-procurement-firm-levelevidence-and-the-macroeconomy</guid>
         </item>
               <item>
            <title>Review of the Activities of Electronic Money and Payment Institutions (2025/Q4)</title>
            <link>https://www.lb.lt/en/publications/review-of-the-activities-of-electronic-money-and-payment-institutions-2025-q4</link>
            <description><![CDATA[ The review presents the key financial data on the electronic money and payment institutions sector as well as information about respective market developments, compliance with prudential requirements and regulatory changes. Published: quarterly. ]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 01:27:17 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-the-activities-of-electronic-money-and-payment-institutions-2025-q4</guid>
         </item>
               <item>
            <title>Review of the Activities of Electronic Money and Payment Institutions (2025/Q2)</title>
            <link>https://www.lb.lt/en/publications/review-of-the-activities-of-electronic-money-and-payment-institutions-2025-q2</link>
            <description><![CDATA[ The review presents the key financial data on the electronic money and payment institutions sector as well as information about respective market developments, compliance with prudential requirements and regulatory changes. Published: quarterly. ]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 11:07:28 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-the-activities-of-electronic-money-and-payment-institutions-2025-q2</guid>
         </item>
               <item>
            <title>Feedback Effects, Market Valuations, and Real Efficiency</title>
            <link>https://www.lb.lt/en/publications/feedback-effects-market-valuations-and-real-efficiency</link>
            <description><![CDATA[ This paper studies the interdependence of myopic corporate behavior and the so-called feedback effect, where financial prices contain useful information for corporate decision making. We model the feedback effect in a mostly standard trading...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 10:12:18 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/feedback-effects-market-valuations-and-real-efficiency</guid>
         </item>
               <item>
            <title>Annual Report (2025)</title>
            <link>https://www.lb.lt/en/publications/annual-report-2025</link>
            <description><![CDATA[ The Annual Report describes the annual results that the Bank of Lithuania achieved in carrying out the functions under its mandate as the central bank of the Republic of Lithuania as well as reports on how it implements its strategic goals. Published:...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 10:53:08 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/annual-report-2025</guid>
         </item>
               <item>
            <title>Review of Lithuania&#039;s Insurance Market (2025)</title>
            <link>https://www.lb.lt/en/publications/review-of-lithuania-s-insurance-market-2025</link>
            <description><![CDATA[ The review presents information on the main indicators of Lithuania’s insurance market for the respective period as well as assesses changes and their possible impact on further market developments. Taking into account the changes in the country’s...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 10:44:09 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-lithuania-s-insurance-market-2025</guid>
         </item>
               <item>
            <title>Review of the activities of crowdfunding service providers (2025)</title>
            <link>https://www.lb.lt/en/publications/review-of-the-activities-of-crowdfunding-service-providers-2025</link>
            <description><![CDATA[ The review analyses common activities of all crowdfunding service providers operating in Lithuania. 

 Published: annually. ]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 03:14:05 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-the-activities-of-crowdfunding-service-providers-2025</guid>
         </item>
               <item>
            <title>Banking Activity Review (2025)</title>
            <link>https://www.lb.lt/en/publications/banking-activity-review-2025</link>
            <description><![CDATA[ The review presents an analysis of the key financial indicators of the major banks operating in Lithuania during the reporting period and their trends, overviews relevant news in law-making and settlement of consumer disputes as well as provides...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 10:18:51 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/banking-activity-review-2025</guid>
         </item>
               <item>
            <title>Lithuanian Economic Review (April 2026)</title>
            <link>https://www.lb.lt/en/publications/lithuanian-economic-review-april-2026</link>
            <description><![CDATA[ Based on macroeconometric modelling and expert assessment, the review examines the changes in the real sector, prices, public finances and credit as well as presents the outlook for Lithuania’s economy. 

 Published: biannually. ]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 11:00:05 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/lithuanian-economic-review-april-2026</guid>
         </item>
               <item>
            <title>Review of Lithuania&#039;s Insurance Market (2025/Q1–Q3)</title>
            <link>https://www.lb.lt/en/publications/review-of-lithuania-s-insurance-market-2025-q1-q3</link>
            <description><![CDATA[ The review presents information on the main indicators of Lithuania’s insurance market for the respective period as well as assesses changes and their possible impact on further market developments. Taking into account the changes in the country’s...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 10:16:54 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-lithuania-s-insurance-market-2025-q1-q3</guid>
         </item>
               <item>
            <title>Annual Financial Statements (2025)</title>
            <link>https://www.lb.lt/en/publications/annual-financial-statements-2025</link>
            <description><![CDATA[ The Annual Financial Statements of the Bank of Lithuania comprise the Annual Balance Sheet, the Profit and Loss Account, the independent auditor’s report on the annual financial statements submitted by the Bank of Lithuania as well as other...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 01:44:19 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/annual-financial-statements-2025</guid>
         </item>
               <item>
            <title>Quarterly assessment of the financial cycle in Lithuania (2026/Q1)</title>
            <link>https://www.lb.lt/en/publications/quarterly-assessment-of-the-financial-cycle-in-lithuania-2026-q1</link>
            <description><![CDATA[ The review provides an assessment of imbalances in the financial system. The material presented in the review constitutes grounds for the application of the countercyclical capital buffer rate. 

 Published: quarterly. ]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 09:35:16 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/quarterly-assessment-of-the-financial-cycle-in-lithuania-2026-q1</guid>
         </item>
               <item>
            <title>Capital Market Review (2025)</title>
            <link>https://www.lb.lt/en/publications/capital-market-review-2025</link>
            <description><![CDATA[ The review provides summary information on Lithuania’s capital market. 

 &nbsp;Published: annually. ]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 09:52:18 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/capital-market-review-2025</guid>
         </item>
               <item>
            <title>Macroeconomic Projections (April 2026)</title>
            <link>https://www.lb.lt/en/publications/macroeconomic-projections-april-2026</link>
            <description><![CDATA[ The Bank of Lithuania macroeconomic projections aim to predict and understand the future state of Lithuania’s economy. They include information related to economic growth, inflation, wages, unemployment and trade, taking into account international and...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 08:36:58 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/macroeconomic-projections-april-2026</guid>
         </item>
               <item>
            <title>Review of the Credit Union Sector (2025)</title>
            <link>https://www.lb.lt/en/publications/review-of-the-credit-union-sector-2025</link>
            <description><![CDATA[ The Review presents information on the assets, liabilities and capital, their structure, changes, profitability, compliance with prudential requirements, and operational trends of the credit union sector in the respective period. Also available is...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 09:51:51 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-the-credit-union-sector-2025</guid>
         </item>
               <item>
            <title>Review of Financial Services and Market Supervision (2025/H2)</title>
            <link>https://www.lb.lt/en/publications/review-of-financial-services-and-market-supervision-2025-h2</link>
            <description><![CDATA[]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 04:39:05 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-financial-services-and-market-supervision-2025-h2</guid>
         </item>
               <item>
            <title>Factor-Augmented VARs with Noisy Factor Proxies</title>
            <link>https://www.lb.lt/en/publications/factor-augmented-vars-with-noisy-factor-proxies</link>
            <description><![CDATA[ In factor-augmented vector autoregression (FAVAR) models, some of the factors are treated as observable while the remaining factors are latent and need to be estimated from a large cross-section of time series. Given that economic concepts such as...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 08:21:11 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/factor-augmented-vars-with-noisy-factor-proxies</guid>
         </item>
               <item>
            <title>Consumer Price Stickiness in the Euro Area During an Inflation Surge</title>
            <link>https://www.lb.lt/en/publications/consumer-price-stickiness-in-the-euro-area-during-an-inflation-surge</link>
            <description><![CDATA[ We use CPI micro data for nine euro area countries to document new evidence on consumer price stickiness in the euro area during the 2021-2024 inflation cycle. In 2022, the monthly frequency of price changes reached 12%, compared with an average of 8%...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 11:25:37 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/consumer-price-stickiness-in-the-euro-area-during-an-inflation-surge</guid>
         </item>
               <item>
            <title>Social Status, Economic Development and Female Labor  Force (Non) Participation</title>
            <link>https://www.lb.lt/en/publications/social-status-economic-development-and-female-labor-force-non-participation</link>
            <description><![CDATA[ This research provides a status-based explanation for the high rates of female labor force nonparticipation (FLFNP) and the sustained increase in these rates over time that have been documented in many developing economies. This explanation is based...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 07:40:36 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/social-status-economic-development-and-female-labor-force-non-participation</guid>
         </item>
               <item>
            <title>Every Signal Counts: Effects of ECB Presidents’ Textual and Voice Sentiments on Financial Markets</title>
            <link>https://www.lb.lt/en/publications/every-signal-counts-effects-of-ecb-presidents-textual-and-voice-sentiments-on-financial-markets</link>
            <description><![CDATA[ Existing research on monetary policy communication has mainly focused on the textual content of press-conference transcripts, while studies on voice sentiments remain limited. We advance the relevant literature by leveraging advanced audio analysis...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 08:37:36 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/every-signal-counts-effects-of-ecb-presidents-textual-and-voice-sentiments-on-financial-markets</guid>
         </item>
               <item>
            <title>Review of Anti-Money Laundering and Counter Terrorist Financing Compliance (H1 2025)</title>
            <link>https://www.lb.lt/en/publications/review-of-anti-money-laundering-and-counter-terrorist-financing-compliance-h1-2025</link>
            <description><![CDATA[ The review provides information on the supervision of anti-money laundering and counter terrorist financing activities of the Financial Services and Markets Supervision Department of the Bank of Lithuania over the reporting period and presents the key...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 10:20:06 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/review-of-anti-money-laundering-and-counter-terrorist-financing-compliance-h1-2025</guid>
         </item>
               <item>
            <title>The energy efficiency of real estate used as collateral in household and non-financial corporation loans</title>
            <link>https://www.lb.lt/en/publications/the-energy-efficiency-of-real-estate-used-as-collateral-in-household-and-non-financial-corporation-loans</link>
            <description><![CDATA[ This paper examines the energy efficiency of real estate used as collateral for bank loans in Lithuania, addressing the issue of missing data on building energy performance. We develop econometric models to estimate energy efficiency based on building...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 03:57:19 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/the-energy-efficiency-of-real-estate-used-as-collateral-in-household-and-non-financial-corporation-loans</guid>
         </item>
               <item>
            <title>Estimating the Natural Real Interest Rate in Lithuania: A Semi-Structural Approach</title>
            <link>https://www.lb.lt/en/publications/estimating-the-natural-real-interest-rate-in-lithuania-a-semi-structural-approach</link>
            <description><![CDATA[ This paper estimates the natural real interest rate (r*) for Lithuania over the period 2000–2025 and assesses the implied monetary policy conditions. The paper employs a semi-structural unobserved-components model tailored to a small, open, and...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 02:26:43 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/estimating-the-natural-real-interest-rate-in-lithuania-a-semi-structural-approach</guid>
         </item>
               <item>
            <title>Banking Activity Review (2025/Q3)</title>
            <link>https://www.lb.lt/en/publications/banking-activity-review-2025-q3</link>
            <description><![CDATA[ The review presents an analysis of the key financial indicators of the major banks operating in Lithuania during the reporting period and their trends, overviews relevant news in law-making and settlement of consumer disputes as well as provides...]]></description>
                        <pubDate>am, Europe/Vilnius b 2026 10:36:16 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/banking-activity-review-2025-q3</guid>
         </item>
               <item>
            <title>The “Big Push“ of International Trade: A Tale of Informality and Human Capital</title>
            <link>https://www.lb.lt/en/publications/the-big-push-of-international-trade-a-tale-of-informality-and-human-capital</link>
            <description><![CDATA[ Informality is pervasive in many developing economies and is often accompanied by lowinvestment in human capital. We study the effects of international trade through the lens of a model with heterogeneous firms and workers, featuring labor market...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 03:32:40 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/the-big-push-of-international-trade-a-tale-of-informality-and-human-capital</guid>
         </item>
               <item>
            <title>Taxing Speculative Trades as a Prudential Policy</title>
            <link>https://www.lb.lt/en/publications/taxing-speculative-trades-as-a-prudential-policy</link>
            <description><![CDATA[ Motivated by the policy debate on financial transaction taxes, this paper analyzes a model of primary financial markets with financially constrained entrepreneurs and investors subject to assetholding costs or risk aversion, as well as its extension...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2026 03:30:52 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/taxing-speculative-trades-as-a-prudential-policy</guid>
         </item>
               <item>
            <title>Lithuanian Collector and Commemorative Coins (1993–2025)</title>
            <link>https://www.lb.lt/en/publications/lithuanian-collector-and-commemorative-coins-1993-2025</link>
            <description><![CDATA[ The catalogue contains photos and descriptions of collector and commemorative coins issued by the Bank of Lithuania, awards received in coin competitions, and the list of official coin distributors. 

 Published on a yearly basis. 

 &nbsp; ]]></description>
                        <pubDate>pm, Europe/Vilnius b 2025 02:00:47 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/lithuanian-collector-and-commemorative-coins-1993-2025</guid>
         </item>
               <item>
            <title>Macroeconomic Projections (December 2025)</title>
            <link>https://www.lb.lt/en/publications/macroeconomic-projections-december-2025</link>
            <description><![CDATA[ The Bank of Lithuania macroeconomic projections aim to predict and understand the future state of Lithuania’s economy. They include information related to economic growth, inflation, wages, unemployment and trade, taking into account international and...]]></description>
                        <pubDate>am, Europe/Vilnius b 2025 10:47:43 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/macroeconomic-projections-december-2025</guid>
         </item>
               <item>
            <title>Quarterly assessment of the financial cycle in Lithuania (2025/Q4)</title>
            <link>https://www.lb.lt/en/publications/quarterly-assessment-of-the-financial-cycle-in-lithuania-2025-q3-1</link>
            <description><![CDATA[ The review provides an assessment of imbalances in the financial system. The material presented in the review constitutes grounds for the application of the countercyclical capital buffer rate. 

 Published: quarterly. ]]></description>
                        <pubDate>am, Europe/Vilnius b 2025 11:06:42 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/quarterly-assessment-of-the-financial-cycle-in-lithuania-2025-q3-1</guid>
         </item>
               <item>
            <title>Determinacy in Multi-Country DSGE Models: The Role of Pricing Paradigms and Economic Openness</title>
            <link>https://www.lb.lt/en/publications/determinacy-in-multi-country-dsge-models-the-role-of-pricing-paradigms-and-economic-openness</link>
            <description><![CDATA[ This paper studies determinacy in a three-country New Keynesian DSGE model. Extending Gopinath et al. (2020), I examine how invoicing currencies and openness shape monetary policy effectiveness. Three results emerge. First, there is a robust trade-off...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2025 02:31:01 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/determinacy-in-multi-country-dsge-models-the-role-of-pricing-paradigms-and-economic-openness</guid>
         </item>
               <item>
            <title>Household Borrowing and Monetary Policy Transmission: Post-Pandemic Insights from Nine European Credit Registers</title>
            <link>https://www.lb.lt/en/publications/household-borrowing-and-monetary-policy-transmission-post-pandemic-insights-from-nine-european-credit-registers</link>
            <description><![CDATA[ We study heterogeneity in households’ credit across nine European countries (Belgium, Spain, Hungary, Ireland, Italy, Latvia, Lithuania, Portugal, and Slovakia) during 2022-2024 using granular credit register data. We first document substantial...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2025 03:21:10 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/household-borrowing-and-monetary-policy-transmission-post-pandemic-insights-from-nine-european-credit-registers</guid>
         </item>
               <item>
            <title>Banking Activity Review (2025/Q2)</title>
            <link>https://www.lb.lt/en/publications/banking-activity-review-2025-q2</link>
            <description><![CDATA[ The review presents an analysis of the key financial indicators of the major banks operating in Lithuania during the reporting period and their trends, overviews relevant news in law-making and settlement of consumer disputes as well as provides...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2025 01:41:29 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/banking-activity-review-2025-q2</guid>
         </item>
               <item>
            <title>Quarterly assessment of the financial cycle in Lithuania (2025/Q3)</title>
            <link>https://www.lb.lt/en/publications/quarterly-assessment-of-the-financial-cycle-in-lithuania-2025-q3</link>
            <description><![CDATA[ The review provides an assessment of imbalances in the financial system. The material presented in the review constitutes grounds for the application of the countercyclical capital buffer rate. 

 Published: quarterly. ]]></description>
                        <pubDate>am, Europe/Vilnius b 2025 10:14:46 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/quarterly-assessment-of-the-financial-cycle-in-lithuania-2025-q3</guid>
         </item>
               <item>
            <title>Lithuanian Economic Review (September 2025)</title>
            <link>https://www.lb.lt/en/publications/lithuanian-economic-review-september-2025</link>
            <description><![CDATA[ Based on macroeconometric modelling and expert assessment, the review examines the changes in the real sector, prices, public finances and credit as well as presents the outlook for Lithuania’s economy. 

 Published: biannually. ]]></description>
                        <pubDate>pm, Europe/Vilnius b 2025 03:24:26 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/lithuanian-economic-review-september-2025</guid>
         </item>
               <item>
            <title>Macroeconomic Projections (September 2025)</title>
            <link>https://www.lb.lt/en/publications/macroeconomic-projections-september-2025</link>
            <description><![CDATA[ The Bank of Lithuania macroeconomic projections aim to predict and understand the future state of Lithuania’s economy. They include information related to economic growth, inflation, wages, unemployment and trade, taking into account international and...]]></description>
                        <pubDate>pm, Europe/Vilnius b 2025 05:58:12 GMT</pubDate>
                        <guid>//www.lb.lt/en/publications/macroeconomic-projections-september-2025</guid>
         </item>
      
   </channel>
</rss>
