Publications

December 2024

One Who Hesitates Is Lost: Monetary Policy Under Model Uncertainty and Model Misspecification

Latvijas Banka Working Paper 7/2024
Viktors Ajevskis

November 2024

Financial Intermediation and Climate Change in a Production and Investment Network Model for the Euro Area

Latvijas Banka Working Paper 6/2024
Patrick Gruning, Zeynep Kantur

Impact of Sovereign Debt Maturity on Fiscal Sustainability

Latvijas Banka Working Paper 5/2024
Antonio Afonso, Jose Alves, Oļegs Matvejevs, Oļegs Tkačevs

Dynamic Effects of Industrial Policies Amidst Geoeconomic Tensions

Working Papers of Bank of Lithuania No 127/2024
Ziran Ding, Adam Hal Spencer, Zinan Wang

Optimal Policies When Price Fairness Matters

Working Papers of Bank of Lithuania No 126/2024
Valentin Jouvanceau

October 2024

Childhood circumstances defining the inequality of opportunity in Europe: what are the trees telling us?

Latvijas Banka Working Paper 4/2024
Ludmila Fadejeva, Krista Kalnbērziņa

Consumer price rigidity in the Baltic states during periods of low and high inflation

Working Papers of Eesti Pank 6/2024
Latvijas Banka Working Paper 3/2024
Working Papers of Bank of Lithuania No 125/2024
Ludmila Fadejeva, Valentin Jouvanceau, Alari Paulus

September 2024

Productivity-enhancing reallocation during the Covid-19 pandemic

Working Papers of Eesti Pank 5/2024
Tibor Lalinsky, Jaanika Meriküll, Paloma Lopez-Garcia

June 2024

Life-cycle Worker Flows and Cross-country Differences in Aggregate Employment

Working Papers of Bank of Lithuania No 124/2024
Jonathan CréchetEtienne LaléLinas Tarasonis

May 2024

The term structure of judgement: interpreting survey disagreement

Working Papers of Bank of Lithuania No 123/2024
Federica BrennaŽymantas Budrys

Wealth disparities between elderly immigrants and natives: a study of Estonia and Latvia

Working Papers of Eesti Pank 4/2024
Liina Rebane, Merike Kukk and Tairi Rõõm

Central Bank Stabilisation Policy When Capital Flows Matter: Instruments, Targets, and Trade-offs

Working Papers of Eesti Pank 3/2024
Alfred V. Guender

April 2024

Firm-level capabilities and response to a negative export shock: 2014 Russian embargo on the West

The University of Tartu Faculty of Economics and Business Administration Working Paper No 145/2024
Mathias Juust and Urmas Varblane (University of Tartu)

Automation-skill complementarity: The changing returns to soft skills in different stages of technology adoption

The University of Tartu Faculty of Economics and Business Administration Working Paper No 146/2024
Anastasiia Pustovalova and Priit Vahter (University of Tartu)

March 2024

Women’s Voice at Work and Family-Friendly Firms

Working Papers of Bank of Lithuania No 120/2024
Jose Garcia-Louzao (Bank of Lithuania, Vilnius University, CESifo) and Ruben Perez-Sanz (University of Bristol) 

Striking a Bargain: Narrative Identification of Wage Bargaining Shocks

Working Papers of Bank of Lithuania No 121/2024
Žymantas Budrys (Bank of Lithuania, Vilnius University), Mario Porqueddu (European Central Bank) and Andrej Sokol (Bloomberg LP)

February 2024

Monetary policy transmission in different credit markets

Working Papers of Eesti Pank 2/2024
Natalia Levenko

January 2024

The transmission of trade shocks across countries: firm-level evidence from the Covid-19 crisis

Latvijas Banka Working paper 1/2024
Konstantīns Beņkovskis, Jaanika Merikull, Aurelija Proškute

December 2023

Quantitative Tightening: Lessons from the US and Potential Implications for the EA

Latvijas Banka Working paper 9/2023
Patrick Gruning, Andrejs Zlobins

Fiscal Sustainability and the Role of Inflation

Latvijas Banka Working paper 8/2023
Antonio Afonso, Jose Alves, Oļegs Matvejevs, Oļegs Tkačevs

A Purpose-Based Energy Substitution Structure For CGE

Latvijas Banka Working paper 7/2023
Konstantīns Beņkovskis, Dzintars Jaunzems, Oļegs Matvejevs

Beyond the Headline: How Personal Exposure to Inflation Shapes the Financial Choices of Households

Working Papers of Eesti Pank 7/2023
Merike Kukk, Jan Toczynski, Christoph Basten

October 2023

The natural rate of unemployment in Estonia: empirical determinants and a new semi-structural model

Working Papers of Eesti Pank 6/2023
Dmitry Kulikov, Nicolas Reigl

July 2023

Income expectations, risk attitudes and household borrowing decisions

Working Papers of Eesti Pank 5/2023
Eva Branten

June 2023

Measuring the Effects of Borrower-based Policies on New Housing Loans in Estonia

Working Papers of Eesti Pank 4/2023
Merike Kukk, Natalia Levenko, Nicolas Reigl

May 2023

Fiscal Performance under Inflation and Inflation Surprises: Evidence from Fiscal Reaction Functions for the Euro Area

Working Papers of Eesti Pank 3/2023
Karsten Staehr, Oļegs Tkačevs, Katri Urke

April 2023

Did Job Retention Schemes Save Jobs during the Covid-19 Pandemic? Firm-level Evidence from Latvia

Latvijas Banka Working Paper 2/2023
Konstantins Benkovskis, Olegs Tkacevs, Karlis Vilerts

Economic growth and military expenditure in the countries on NATOʼs Eastern flank in 1999–2021

Working Papers of Eesti Pank 2/2023
Łukasz Wiktor Olejnik

January 2023

Economic Growth, Current Account Dynamics and Growth Regimes in the Baltic States

Working Papers of Eesti Pank 1/2023
Karsten Staehr

The New Version of Latvian CGE Model

Latvijas Banka Working Paper 2/2023
Konstantins Benkovskis, Olegs Matvejevs

Keeping the best of two worlds: Linking CGE and microsimulation models for policy analysis

Latvijas Banka Working Paper 1/2023
Konstantins Benkovskis, Ludmila Fadejeva, Anna Pluta, Anna Zasova