Month: January 2025

We are pleased to invite submissions for the 7th Baltic Economic Conference that will take place on June 26-27, 2025, in Vilnius, Lithuania. The Baltic Economic Conference is organized by the Baltic Economic Association in cooperation with Lietuvos Bankas and ISM University of Management and Economics.

We welcome full-length paper submissions from all fields of economics and finance. Each paper will be assigned a discussant.

Keynote Speaker: Luigi Guiso

Important dates:

• March 15: Deadline for submissions
• April 15: Decisions on submissions
• April 30: Registration deadline

Conference venue:  ISM University of Management and Economics, 7 Gedimino Avenue, Vilnius, Lithuania. On-site participation only.

Visit https://conf2025.balticecon.org/ for more information!

We are looking forward to receiving your paper! You can submit it here:
https://www.conftool.pro/bec2025/

Welcome to the third edition of the Baltic Central Banks’ Invited Lecture Series (BCBILS)!

We are pleased to invite submissions to the seminar which is part of the 2025 edition of the Baltic Central Banks’ Invited Lecture Series (BCBILS), to be held from May 21 to May 23, 2025, in Riga, Latvia.

The BCBILS training course in 2025 will be delivered by renowned macroeconomist Professor Óscar Jordà, a senior policy advisor at the Federal Reserve Bank of San Francisco and Professor of Economics at the University of California. Professor Jordà is widely recognized for his research on monetary and fiscal policy and his pioneering work on local projections in applied economic research. The course topic is “Local projections for applied economics”. The training course is designed for researchers from policy institutions and universities, as well as advanced-level PhD students. It will be accompanied by a seminar focused on research utilizing local projections in applied economics.

We invite papers that explore the use of local projections in applied economic research. The selection process will be conducted by a joint committee comprising representatives from the central banks of Latvia, Lithuania, and Estonia.

Please note that presenting a paper at the seminar is a requirement for being eligible to attend the two-day course.

Details of the lecture and the seminar are as follows:

• Lecture: May 21, 2025 and May 22, 2025
• Seminar: May 23, 2025

There are no registration fees for lectures or the seminar. Lunch costs are covered by organizers. Traveling and accommodation costs are not covered.

Application documents:

Please send your application containing the CV and a complete research paper you wish to present by 28 February 2025 to Mr. Olegs Tkacevs (olegs.tkacevs@bank.lv). Please also indicate in your application whether you wish to participate at both events or at the seminar only.

You are invited to the research seminar by the Department of Management which will take place on Thursday, February 6^th. During the seminar Riccardo Beltramo (University of Torino) will present the topic „Research on Tourism in the Context of Sustainable Development. International Experience and Cooperation.“

• Time: February 6, 12:00-13:00
• Venue: TechHub conference room (40) (Faculty of Economics and Business Administration, Saulėtekio al.9, 2nd building, 2nd floor) and MS Teams (Join the meeting now )

You are kindly invited to attend the Eesti Pankʼs research seminar on 30 January at 11:00 am, during which Mykola Ryzhenkov (University of Osnabrück) will present on “Financial frictions, markups and unilateral trade liberalization”. The co-authors of the study are Andrii Tarasenko and Volodymyr Vakhilov.

The authors study the response of a small open economy with credit constraints and variable markups to unilateral trade liberalization by a more developed trading partner. They use a dynamic heterogeneous agents model to quantify the welfare and allocative efficiency effects of unilateral increase in Ukraine’s market access to the EU in 2014. To obtain a better match with the data, they allow for variable markups in the domestic market, endogenous trade imbalances, and interest rate increasing with the level of foreign debt. The authors find that better market access improves welfare but lowers allocative efficiency in the economy, as reduction in markup dispersion is too weak to offset increase in capital misallocation. Variable markups exacerbate worsening allocative efficiency in the presence of credit constraints.

More information about Mykola Ryzhenkov: https://sites.google.com/view/mykolaryzhenkov

Meeting information in Microsoft Teams:
https://teams.microsoft.com/l/meetup-join/19%3ameeting_M2Y5ZWVmMWQtM2VmMC00ZmI4LThkYTgtNGFhNzY3MTlhM2Zi%40thread.v2/0?context=%7b%22Tid%22%3a%227612cc54-c497-4c75-8ece-146688e01419%22%2c%22Oid%22%3a%2234f7d67c-4c01-4f87-999e-db6bff5cc8d7%22%7d

Meeting ID: 385 179 756 607
Password: cE755vx7