Author: balticeco

Andris Saulitis (University of Latvia & Collegio Carlo Alberto) along with the EPS Academic welcome you to participate in the Eighth International Meeting on Experimental and Behavioural Social Sciences (IMEBESS) at the University of Latvia, Academic Centre, Riga, Latvia, on 23-25 May 2024.

IMEBESS aims to bring together researchers in all areas of the social sciences who are interested in experimental methods. Both theoretical and empirical papers on topics in all areas of the social sciences, such as experimental and behavioural economics, sociology, political science, and psychology are encouraged.

The organising committee consists of twelve academics from the University of Oxford and a number of European and African universities and business schools.

The deadline for submitting abstracts is 15 February 2024. Authors will receive notification of acceptance by 01 March 2024.

Further information and instructions for submissions are available on the conference web site: http://imebess.org/

Xin Zhang from Sveriges Riksbank is soon coming to Riga to present his paper “The Inflationary Effects of Quantitative Easing” co-authored with Mathias Klein. See the abstract below.

The seminar will take place on February 21, 14:00-15:30, and happen in the hybrid format: both at Latvijas Banka’s premises (Kr.Valdemāra 1B, Vitrāžu zāle) and in Teams.

To connect online, use the this link or enter the following credentials in Teams:

Meeting ID: 390 993 772 092
Passcode: XrEGa4

Abstract: We provide new evidence on the inflationary effects of Quantitative Easing (QE) using Swedish administrative data at the bank, firm, and product level. For identification, we rely on bank-firm lending relationships and the heterogeneous participation rates of banks in the government bond purchase program by the Swedish central bank. Our results show that the bond purchase program led to a significant and persistent increase in producer prices. Importantly, we find that the degree of financial frictions considerably influences firms’ price response: low leverage firms do not change their prices, whereas high leverage firms raise their prices significantly. This divergent pricing behaviour can be rationalized by a significant increase in long-term borrowing and interest rate expenses among high leverage firms. The difference in price responses across high and low leverage firms is less pronounced for exogenous changes in the repo rate implying that the transmission mechanism of QE differs from the one of conventional interest rate policy.

The 12th Meeting of the Nordic Econometric Network will take place in Bergen on 2-4 June 2024. Economists from the Baltic States are also welcome to submit their papers and participate.

Paper submission deadline: 2 April 2024

Conference fee: NOK 1000

Link to more info about the conference and paper submission: Nordic Econometric Meeting – NEM 2024 Registration, Bergen | Eventbrite

The conference is open to both theoretical and applied econometricians from all countries, working in a broad range of fields, including (but not limited to) macroeconomics, financial economics, international economics, industrial organization, labour economics, health economics and spatial economics. Graduate students are particularly encouraged to present their research papers. The local organizers gratefully acknowledges the support from NHH’s fund and from SNF’s fund for applied research.

A central theme for the conference is Machine Learning in Econometrics, and we are delighted to announce the keynote speakers:

Eric Ghysels – Edward Bernstein Distinguished Professor of Economics and Professor of Finance at the University of North Carolina at Chapel Hill

Jonas Peters – Professor of Statistics at ETZ Zürich

We are pleased to invite you to the next Baltic Economic Association Online Research Seminar and are delighted to welcome prof. dr. Richard Frensch (Leibniz Institute for East and Southeast European Studies). Prof. Frensch works in the economics department of Leibniz Institute for East and Southeast European Studies and operates as managing editor of Economic Systems. Prof. Frensch has had a strong impact on research and policymaking in Central and Eastern Europe, in addition to running influential journal, Economic Systems, he has performed as consultant for United Nations and for many institutions in Germany, Czech Republic and Ukraine. His research interests are in international economics; growth, technology and development; and institutional change and transition. He has published in top development economics journals such as Journal of Development Economics and in many general interest comparative journals.

Speaker: prof. dr. Richard Frensch (Leibniz Institute for East and Southeast European Studies)

More about the speaker: https://leibniz-ios.de/personen/details/richard-frensch

Title: Topography, borders, and trade across Europe (with Jarko Fidrmuc and Michael Rindler)

Date: Thursday, June 1

Time: 16:00 Vilnius, Riga, Tallinn

Join Zoom Meeting
https://sseriga-edu.zoom.us/j/89670402222?pwd=aTBBbDR0RUlPVDk1UWRxdkVSTXJYUT09

Meeting ID: 896 7040 2222
Passcode: 295496

We are pleased to announce the 1^st Baltic Central Banks Invited Lecture Series and Conference. The inaugural lecture will be given by Elhanan Helpman. The lecture’s topic is “Frontiers of International Trade” and will cover key elements of modern international trade, including the roles of firm heterogeneity, multinational corporations, and global supply chains.

The lecture is intended for researchers, both at policy institutions and universities, and advanced-level PhD students.

Lectures will be combined with a conference. We welcome paper submissions on topics which overlaps with lecture’s topic i.e., international trade, including the roles of firm heterogeneity, multinational corporations, and global supply chains. Acceptance decision will be made by a joint committee consisting of representatives of the central banks of Lithuania, Latvia, and Estonia.

Please note that attending lectures and paper presentations are mutually exclusive i.e. lecture attendees do not necessarily have to present paper, and vice versa.

Details of the lecture and the conference are as follows:

• • Lecture: May 17, 2023 (4 hours) and May 18, 2023 (4 hours)
  • Conference: May 19, 2023

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

Submissions: Please send your submissions by March 1, 2023 to Ms. Laima Štulaitė (LStulaite@lb.lt).

• • If you are applying for lectures, please attach your CV.
  • If you are applying for the conference, please attach your paper.
  • If you want to attend both, please attach both CV and paper, and mention it clearly in your email.

Acceptance decisions will be sent by March 15, 2023.
Event location: The event will be in the beautiful old town of Vilnius, capital of Lithuania. More information here: https://www.govilnius.lt/visit-vilnius

The Baltic Economic Association stands in solidarity with the people of Ukraine and its academic community. We cannot find strong enough words to condemn Russia’s invasion. 

The first aim of the BEA is to contribute to the development of economics as an evidence-based discipline in the region. The ongoing massive disinformation campaign aiming at justifying this attack is against everything we stand for. 

The second aim of the Association is to promote intellectual exchanges between economists in the region. We developed close ties with the Kyiv School of Economics, which for instance contributes to the Baltic Journal of Economics. We are deeply concerned by the safety of our colleagues and their students. 

Expression of support must be accompanied by acts. The Kyiv School of Economics is raising fund for humanitarian purposes. We kindly ask you to consider a donation (EUR/USD/UAH/crypto): https://kse.ua.

They are also doing an amazing work organizing debates with international experts on the latest development of the conflict. Follow KSE (@KyivSchool), Tymofiy Mylovanov (@Mylovanov) and Tymofii Brik (@brik_t) on Twitter for more information.  

The BEA is willing to act as an interface between its institutional members and Ukrainian economists. We will centralise and financially support visiting programs for Ukrainian economists in the Baltics. More information coming soon. 

Finally, a few months ago, some of our colleagues at BEROC (Belarus) had to fly to Kyiv to escape from repression because of their academic work. We also think about them. 

We are pleased to invite you to the next Baltic Economic Association Online Research Seminars and are delighted to welcome Jaan Masso (University of Tartu). Jaan is Head of Chair of Economic Modelling, programme managers of the Master’s Programme in Quantitative Economics and Senior Research Fellow of applied econometrics at the University of Tartu (UT). He has also worked as a visiting researcher at Eesti Pank. He holds a PhD in Economics from the UT since 2005. His main research areas are labour economics, migration, foreign direct investments, innovations, international trade, research policy. He has participated in various national and international research projects (EU, ILO, OECD, World Bank). His publications include articles in Journal of Comparative Economics, European Journal of Industrial Relations, Eastern European Economics, Economics of Transition, Services Industries Journal, Scottish Journal of Political Economy, International Business Review, Review of World Economics. He is Associate Editor at the Baltic Journal of Economics and a member of the board of the Baltic Economic Association.

More about the speaker: https://www.etis.ee/CV/Jaan_Masso/est?tabId=CV_ENG

Speaker: Jaan Masso (University of Tartu)

Title: Joining and exiting the value chain of multinationals and the performance of suppliers: evidence from inter-firm transaction data (with Priit Vahter)

Paper available here.

Abstract: This paper investigates the productivity effects for domestic suppliers from joining and exiting the value chains of multinational enterprises (MNEs). The vast majority of prior literature has relied on sector-level input-output tables in estimating the effects of vertical linkages of FDI. Instead, our econometric analysis of the creation and destruction of backward linkages of MNEs is based on information on firm-to-firm transactions recorded in the valued added tax declarations data. Treatment analysis based on propensity score matching and panel data from Estonia suggests that starting to supply multinationals initially boosts the value added per employee of domestic firms, including effects on the scale of production and the capital-labour ratio. These first linkages to MNEs do not affect the total factor productivity (TFP) of domestic firms, suggesting that TFP effects take time to materialise. We further find that there are limits to the wider diffusion of the effects of linkages to MNEs. We find no significant positive effects on the second-tier suppliers: the positive effects are limited to the first-tier suppliers with direct links to MNEs. One novel result is the evidence that the productivity of suppliers does not fall, on average, after decreasing or ending supplier relationships with MNE customers.

Date: Thursday, February  17

Time: 16:00 Vilnius, Riga, Tallinn

Topic: BEA seminar – Jaan Masso
Time: Feb 17, 2022 04:00 PM Helsinki

Join Zoom Meeting
https://sseriga-edu.zoom.us/j/85427332241?pwd=WWE3ME1FaHZqaGZoeVJCNEs5MkJMZz09

Meeting ID: 854 2733 2241
Passcode: 740705