Bank of Lithuania Working Paper Series

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Bank of Lithuania Gedimino pr. 6, LT-01103 Vilnius, Lithuania.
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134: Energy-Saving Technology Shocks, Emissions, and the Macroeconomy

Emanuel Moench and Soroosh Soofi-Siavash

133: Optimal Fiscal Policy under Endogenous Disaster Risk: How to Avoid Wars?

Vytautas Valaitis and Alessandro Villa

132: Strategic trading with uncertain market depth

Youcheng Lou and Junghum Park

131: Earnings Inequality and Risk over Two Decades of Economic Development in Lithuania

Jose Garcia-Louzao and Linas Tarasonis

130: Forecasting with the help of survey information

Federica Brenna and Žymantas Budrys

129: Optimal Firm Entry with Returns to Scale

Anup Mulay and Anthony Savagar

127: Dynamic Effects of Industrial Policies Amidst Geoeconomic Tensions

Ziran Ding, Adam Spencer and Zinan Wang

126: Optimal Policies When Price Fairness Matters

Valentin Jouvanceau

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

Ludmila Fadejeva, Valentin Jouvanceau and Alari Paulus

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

Jonathan Créchet, Etienne Lalé and Linas Tarasonis

123: The term structure of judgement: interpreting survey disagreement

Federica Brenna and Žymantas Budrys

122: Household Spending Dynamics: The Impact of House Price-Rent Spread and Credit Constraints

Karolis Bielskis and Povilas Lastauskas

121: Striking a Bargain: Narrative Identification of Wage Bargaining Shocks

Žymantas Budrys, Mario Porqueddu and Andrej Sokol

120: Women’s Voice at Work and Family-Friendly Firms

Jose Garcia-Louzao and Rubén Sanz

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

Konstantins Benkovskis, Jaanika Meriküll and Aurelija Proskute

118: The Dynamics of Product and Labor Market Power: Evidence from Lithuania

Ziran Ding, Jose Garcia-Louzao and Valentin Jouvanceau

117: Labor Market Competition and Inequality

Jose Garcia-Louzao and Alessandro Ruggieri

116: Overconfidence and Correlated Information Structures

Junghum Park

115: Carbon Intensity, Productivity, and Growth

Soroosh Soofi-Siavash and Emanuel Moench

114: How Do Firms Adjust When Trade Stops?

Povilas Lastauskas, Aurelija Proskute and Alminas Zaldokas

113: Employee Owned Firms and the Careers of Young Workers

Jose Garcia-Louzao and Gabriel Burdin

112: Determinants of House Price Expectations in Europe

Karolis Bielskis

111: A factor-augmented new Keynesian Phillips curve for the European Union countries

Milda Norkute and Joakim Westerlund

110: The Impact of CBDC on Bank Deposits and the Interbank Market

Benjamin Hemingway

109: Credit constraints, capital portfolios, and measured productivity

Alfred Duncan and Anup Mulay

108: Advance Information and Consumption Insurance: Evidence and Structural Estimation

Marcelo Pedroni, Christian Stoltenberg and Swapnil Singh

107: School Closures and Implications for Student Outcomes: Evidence from Lithuania

Egle Jakucionyte, Swapnil Singh and Indrė Pusevaite

106: Housing Value and Consumption in Europe: Micro-Findings from Post-Financial Crisis Data

Karolis Bielskis

105: New Facts on Consumer Price Rigidity in the Euro Area

Erwan Gautier, Cristina Conflitti, Riemer P. Faber, Brian Fabo, Ludmila Fadejeva, Valentin Jouvanceau, Jan-Oliver Menz, Teresa Messner, Pavlos Petroulas, Pau Roldan-Blanco, Fabio Rumler, Sergio Santoro, Elisabeth Wieland and Helene Zimmer

104: Aid Effectiveness: Human Rights as a Conditionality Measure

Mustapha Douch, Terence Edwards, Todd Landman and Sushanta Mallick

103: Wage and Employment Impact of Minimum Wage: Evidence from Lithuania

Jose Garcia-Louzao and Linas Tarasonis

102: Dual Returns to Experience

Laura Hospido, Jose Garcia-Louzao and Alessandro Ruggier

101: The UK Productivity Puzzle: Does Firm Cohort matter for their Performance following the Financial Crisis?

Mustapha Douch, Terence Edwards and Sushanta Mallick

100: State-Contingent Forward Guidance

Valentin Jouvanceau, Julien Albertini and Stéphane Moyen

99: Optimal Tariffs with Firm Heterogeneity, Variable Markups, and FDI

Ziran Ding

98: Financial Development, Reforms and Growth

Spyridon Boikos, Theodore Panagiotidis and Georgios Voucharas

97: Identifying High-Frequency Shockswith Bayesian Mixed-Frequency VARs

Alessia Paccagnini and Fabio Parla

96: The Quadrilemma of a Small Open Circular Economy Through a Prism of the 9R Strategies

Patrick Grüning, Justina Banionienė, Lina Dagilienė, Michael Donadelli, Marcus Jüppner, Renatas Kizys and Kai Lessmann

95: Coworker Networks and the Labor Market Outcomes of Displaced Workers: Evidence from Portugal

Marta Silva and Jose Garcia-Louzao

94: Emergence of Subprime Lending in Minority Neighborhoods

Egle Jakucionyte and Swapnil Singh

93: The Effect of the Euro Changeover on Prices: Evidence from Lithuania

Valentin Jouvanceau

92: Firm Heterogeneity, Variable Markups, and Multinational Production: A Review from Trade Policy Perspective

Ziran Ding

91: The Factor Analytical Approach in Trending Near Unit Root Panels

Milda Norkute, Joakim Westerlund and Ovidijus Stauskas

90: Two-Stage Instrumental Variable Estimation of Linear Panel Data Models with Interactive Effects

Milda Norkute, Guowei Cui, Vasilis Sarafidis and Takashi Yamagata

89: The macroeconomics of carry trade gone wrong: corporate and consumer losses in emerging Europe

Egle Jakucionyte and Sweder van Wijnbergen

88: What Moves Treasury Yields?

Soroosh Soofi-Siavash and Emanuel Moench

87: Dancing Alone or Together: The Dynamic Effects of Independent and Common Monetary Policies

Povilas Lastauskas and Julius Stakenas

86: Productivity-Enhancing Reallocation during the Great Recession:Evidence from Lithuania

Linas Tarasonis and Jose Garcia-Louzao

85: What Explains Excess Trade Persistence? A Theory of Habits in the Supply Chains

Povilas Lastauskas, Mariarosaria Comunale and Justas Dainauskas

84: Global Impacts of US Monetary Policy Uncertainty Shocks

Povilas Lastauskas and Anh Nguyen