Publikatsioonid

18.10.2024
6/2024 Ludmila Fadejeva, Valentin Jouvanceau, Alari Paulus. Consumer price rigidity in the Baltic states during periods of low and high inflation
03.09.2024
5/2024 Tibor Lalinsky, Jaanika Meriküll, Paloma Lopez-Garcia. Productivity-enhancing reallocation during the Covid-19 pandemic
15.05.2024
4/2024 Liina Rebane, Merike Kukk and Tairi Rõõm. Wealth disparities between elderly immigrants and natives: a study of Estonia and Latvia
24.04.2024
3/2024 Alfred V Guender. Central Bank Stabilisation Policy When Capital Flows Matter: Instruments, Targets, and Trade-offs
20.03.2024
3/2024 The impact of the COVID-19 pandemic and policy support on productivity
20.03.2024
2/2024 The impact of climate change and policies on productivity
12.02.2024
2/2024 Natalia Levenko. Monetary policy transmission in different credit markets
05.02.2024
2/2023 What explains wealth inequality in Estonia? The role of wealth components, household size and regions
29.01.2024
1/2024 Konstantīns Beņkovskis, Jaanika Meriküll, Aurelija Proškutė. The transmission of trade shocks across countries: firm-level evidence from the Covid-19 crisis
28.12.2023
1/2023 Household assets and liabilities in Estonia: findings from the 2021 survey
01.12.2023
7/2023 Merike Kukk, Jan Toczynski, Christoph Basten. Beyond the Headline: How Personal Exposure to Inflation Shapes the Financial Choices of Households
13.10.2023
6/2023 Dmitry Kulikov, Nicolas Reigl. The natural rate of unemployment in Estonia: empirical determinants and a new semi-structural model
27.07.2023
5/2023 Eva Branten. Income expectations, risk attitudes and household borrowing decisions
13.06.2023
4/2023 Merike Kukk, Natalia Levenko, Nicolas Reigl. Measuring the Effects of Borrower-based Policies on New Housing Loans in Estonia
16.05.2023
3/2023 Karsten Staehr, Oļegs Tkačevs, Katri Urke. Fiscal Performance under Inflation and Inflation Surprises: Evidence from Fiscal Reaction Functions for the Euro Area
20.04.2023
2/2023 Łukasz Wiktor Olejnik. Economic growth and military expenditure in the countries on NATOʼs Eastern flank in 1999–2021
26.01.2023
1/2023 Karsten Staehr. Economic Growth, Current Account Dynamics and Growth Regimes in the Baltic States
13.09.2022
7/2022 Merike Kukk, Natalia Levenko. Interest rate spreads in Estonia: Different stories for different types of loan
17.06.2022
6/2022 Gerda Kirpson, Martti Randveer, Nicolas Reigl, Karsten Staehr, Lenno Uusküla. Macroeconomic News and Sovereign Interest Rate Spreads before and during Quantitative Easing
08.06.2022
5/2022 Jaanika Meriküll, Alari Paulus. Were jobs saved at the cost of productivity in the Covid-19 crisis?
23.03.2022
4/2022 Merike Kukk, Alari Paulus, Nicolas Reigl. Credit market concentration and systemic risk in Europe
23.03.2022
3/2022 Karsten Staehr, Katri Urke. The European Structural and Investment Funds and Public Investment in the EU Countries
23.02.2022
2/2022 Alari Paulus. Business investment, the user cost of capital and firm heterogeneity
22.02.2022
1/2022 Olivier Damette, Karolina Sobczak, Thierry Betti. Financial Transaction Tax, macroeconomic effects and tax competition issues: a two-country financial DSGE model
27.12.2021
8/2021 Luca Alfieri, Diana Gabrielyan. The Communication Reaction Function of the European Central Bank. An Analysis Using Topic Modelling
28.10.2021
7/2021 Natalia Levenko, Karsten Staehr. Tax compliance in post-transition: You and your friends matter, not the government
26.10.2021
6/2021 Mathias Juust. Trade effects of a negative export shock on direct exporters and wholesalers
15.09.2021
5/2021 Eva Branten. The role of risk attitudes and expectations in household borrowing in Estonia
08.09.2021
4/2021 Jaanika Meriküll, Maryna Tverdostup. The gap that survived the transition: the gender wage gap over three decades in Estonia
05.04.2021
3/2021 Anita Suurlaht. The Asymmetric Effect of Monetary Policy on European Financial Markets
Working Papers of Eesti Pank 3/2021 This paper analyses the impact of unanticipated changes...
05.04.2021
2/2021 Nicolas Reigl. Expectational Errors and Business Cycle Fluctuations in Europe
Working Papers of Eesti Pank 2/2021 Published in Nicolas Reigl (2022). Noise shocks...
18.01.2021
1/2021 Juan Carlos Cuestas, Merike Kukk, Natalia Levenko. House price misalignments and economic growth in Europe
29.12.2020
8/2020 Tairi Rõõm and Orsolya Soosaar. The gender gap in pension wealth in Europe: Evidence from twenty countries
29.12.2020
7/2020 Merike Kukk, Jaanika Meriküll and Tairi Rõõm. The gender wealth gap in Europe: A comparative study using a model averaging methodology
10.11.2020
6/2020 Merike Kukk, Natalia Levenko. Alternative financing and the non-performing loans of the corporate sector in Estonia
07.10.2020
2/2020 The impact of negative interest rates on the Estonian economy and financial sector
30.07.2020
5/2020 Nataliia Ostapenko. Macroeconomic Expectations: News Sentiment Analysis
21.07.2020
4/2020 Karsten Staehr. Export performance and capacity pressures in Central and Eastern Europe
16.06.2020
3/2020 Orsolya Soosaar, Allan Puur, Lauri Leppik. Does raising the pension age prolong working life? Evidence from pension age reform in Estonia
08.06.2020
1/2020 Impact analysis of the changes to the pension system
28.04.2020
2/2020 Natalia Levenko. Elevated survey uncertainty after the Great Recession: a non-linear approach
06.04.2020
1/2020 Merike Kukk, W. Fred van Raaij. Joint and individual savings within families: evidence from bank accounts
06.01.2020
9/2019 Cécile Couharde, Olivier Damette, Rémi Generoso, Kamiar Mohaddes. The Effects on Growth of El Niño and La Niña: Local Weather Conditions Matter
06.12.2019
8/2019 Dmitry Kulikov, Nicolas Reigl. Inflation Expectations in Phillips Curve Models for the Euro Area
18.10.2019
7/2019 Juan Carlos Cuestas. On the evolution of competitiveness in Central and Eastern Europe: is it broken?
18.10.2019
6/2019 Merike Kukk, Natalia Levenko. Macroeconomic imbalances and loan quality in panels of European countries
09.10.2019
5/2019 Jaanika Meriküll, Tairi Rõõm. Are survey data underestimating the inequality of wealth?
09.10.2019
2/2019 Juha Kilponen et al. Comparing Fiscal Consolidation Multipliers across Models in Europe
01.10.2019
1/2019 Jaanika Meriküll, Tairi Rõõm. Estonian Household Finance and Consumption Survey: Results from the 2017 wave
12.07.2019
4/2019 Jaanika Meriküll, Merike Kukk, Tairi Rõõm. What explains the gender gap in wealth? Evidence from administrative data
01.07.2019
3/2019 Juan Carlos Cuestas, Yannick Lucotte, Nicolas Reigl. The evolution and heterogeneity of credit procyclicality in Central and Eastern Europe
29.04.2019
2/2019 Thomas Y. Mathä, Stephen Millard, Tairi Rõõm, Ladislav Wintr and Robert Wyszyński. Shocks and labour cost adjustment: evidence from a survey of European firms
18.01.2019
1/2019 Jacopo Bonchi. Asset Price Bubbles with Low Interest Rates: Not All Bubbles are Alike
28.12.2018
10/2018 Tibor Lalinsky, Jaanika Meriküll. The effect of the single currency on exports: comparative firm-level evidence
20.12.2018
9/2018 Natalia Levenko. Actual and perceived uncertainty as drivers of household saving
10.12.2018
8/2018 Kersti Harkmann, Karsten Staehr. Current account dynamics and exchange rate regimes in Central and Eastern Europe
31.10.2018
7/2018 Nicolas Reigl, Lenno Uusküla. Alternative frameworks for measuring credit gaps and setting countercyclical capital buffers
04.10.2018
6/2018 Juan Carlos Cuestas. Changes in sovereign debt dynamics in Central and Eastern Europe
19.07.2018
5/2018 Juan Carlos Cuestas, Estefania Mourelle and Paulo José Regis. Real exchange rate misalignments in CEECs: Have they hindered growth?
09.07.2018
4/2018 Merike Kukk, Alari Paulus and Karsten Staehr. Income underreporting by the self-employed in Europe: A cross-country comparative study
29.05.2018
3/2018 Eva Branten, Ana Lamo, Tairi Rõõm. Nominal wage rigidity in the EU countries before and after the Great Recession: evidence from the WDN surveys
26.02.2018
1/2018 Gerhard Rünstler (ed.) et al. Real and financial cycles in EU countries: Stylised facts and modelling implications
01.02.2018
2/2018 Wenjuan Chen and Aleksei Netšunajev. Structural vector autoregression with time varying transition probabilities: identifying uncertainty shocks via changes in volatility
24.01.2018
1/2018 Sang-Wook (Stanley) Cho and Julian P. Diaz. Skill Premium Divergence: The Roles of Trade, Capital and Demographics
05.01.2018
12/2017 Liina Malk et al. How do firms adjust to rises in the minimum wage? Survey evidence from Central and Eastern Europe
03.11.2017
11/2017 Theologos Dergiades, Costas Milas and Theodore Panagiotidis. An assessment of the inflation targeting experience
16.10.2017
10/2017 Karsten Staehr, Lenno Uusküla. Forecasting models for non-performing loans in the EU countries
31.08.2017
9/2017 Aurélien Leroy and Yannick Lucotte. Competition and credit procyclicality in European banking
30.08.2017
8/2017 Natalia Levenko, Kaspar Oja and Karsten Staehr. Total Factor Productivity Growth in Central and Eastern Europe before, during and after the Global Financial Crisis
29.08.2017
7/2017 Juan Carlos Cuestas, Yannick Lucotte and Nicolas Reigl. Banking sector concentration, competition and financial stability: the case of the Baltic countries
21.07.2017
1/2017 Mario Izquierdo et al. Labour market adjustment in Europe during the crisis: Microeconomic evidence from the Wage Dynamics Network survey
21.07.2017
6/2017 Alfred V. Guender. Credit Prices vs. Credit Quantities as Predictors of Economic Activity in Europe: Which Tell a Better Story?
17.07.2017
5/2017 Konstantin A. Kholodilin, Aleksei Netšunajev. Crimea and punishment: The impact of sanctions on Russian and European economies
29.03.2017
4/2017 Jaanika Meriküll, Tairi Rõõm. The financial fragility of Estonian households: Evidence from stress tests on the HFCS microdata
27.03.2017
3/2017 Gregory Levieuge, Yannick Lucotte and Florian Pradines-Jobet. Central banks’ preferences and banking sector vulnerability
13.03.2017
2/2017 Juan Carlos Cuestas, Merike Kukk. Asymmetries in the interaction between housing prices and housing credit in Estonia
09.02.2017
1/2017 Barry Eichengreen. Ragnar Nurkse and the international financial architecture
18.01.2017
2/2016 Pierre Lafourcade et al. Labour market modelling in the light of the financial crisis
23.01.2017
11/2016 Georgios Bampinas, Theodore Panagiotidis. Oil and stock markets before and after financial crises: A local Gaussian correlation approach
06.01.2017
10/2016 Karsten Staehr. Capital Flows and Growth Dynamics in Central and Eastern Europe
18.11.2016
9/2016 Merike Kukk. What are the Triggers for Arrears on Debt? Evidence from Quarterly Panel Data
06.09.2016
8/2016 Nicolas Reigl. Forecasting the Estonian Rate of Inflation using Factor Models
24.08.2016
7/2016 Lenno Uusküla. Monetary transmission mechanism with firm turnover
18.07.2016
6/2016 Simona Ferraro, Jaanika Meriküll and Karsten Staehr. Minimum wages and the wage distribution in Estonia
15.07.2016
5/2016 Svetlana Makarova. ECB footprints on inflation forecast uncertainty
12.07.2016
4/2016 Punnoose Jacob and Lenno Uusküla. Deep habits and exchange rate pass-through
08.06.2016
3/2016 Jaanika Meriküll et al. Export characteristics and output volatility: comparative firm-level evidence for CEE countries
28.03.2016
1/2016 Jaanika Meriküll, Tairi Rõõm. The assets, liabilities and wealth of Estonian households: Results of the Household Finance and Consumption Survey
10.03.2016
2/2016 Alessandra Cepparulo, Juan Carlos Cuestas and Maurizio Intartaglia. Financial development, institutions and poverty alleviation: an empirical analysis
11.02.2016
1/2016 Merike Kukk. Debt repayment problems: what are the implications for consumption?
25.01.2016
8/2015 Dmitry Kulikov and Aleksei Netšunajev. Identifying shocks in structural VAR models via heteroskedasticity: a Bayesian approach
11.01.2016
2/2015 Alistair Dieppe et al. Public Debt, Population Ageing and Medium-Term Growth
21.12.2015
7/2015 Manuel Buchholz. How effective is macroprudential policy during financial downturns? Evidence from caps on banks leverage
10.12.2015
6/2015 Jaanika Meriküll et al. Assessing European firms exports and productivity distributions: The CompNet trade module
23.11.2015
5/2015 Merike Kukk and Karsten Staehr. Macroeconomic factors in corporate and household saving. Evidence from Central and Eastern Europe
18.11.2015
1/2015 Liina Malk. Labour Cost Adjustment in Estonia During and After the Crisis
22.07.2015
4/2015 Juan Carlos Cuestas, Fabio Filipozzi and Karsten Staehr. Uncovered interest parity in Central and Eastern Europe: Expectations and structural breaks
25.06.2015
3/2015 Kadri Männasoo and Jaanika Meriküll. The impact of firm financing constraints on R&D over the business cycle
10.06.2015
2/2015 Andres Kuusk, Karsten Staehr and Uku Varblane. Sectoral change and labour productivity growth during boom, bust and recovery in Central and Eastern Europe
23.01.2015
1/2015 Lenno Uusküla. Firm turnover and inflation dynamics
09.01.2015
10/2014 Dmitry Kulikov. Law of One Price in the euro area: an empirical investigation using Nielsen disaggregated price data
05.01.2015
9/2014 Jaanika Meriküll and Pille Mõtsmees. Do you get what you ask? The gender gap in desired and realised wages
18.12.2014
8/2014 Liina Malk. Determinants of reservation wages: Empirical evidence for Estonia
29.09.2014
7/2014 Jaanika Meriküll and Tairi Rõõm. One currency, one price? Euro changeover-related inflation in Estonia
22.09.2014
6/2014 Tairi Rõõm and Katri Urke. The Euro changeover in Estonia: Implications for inflation
18.09.2014
5/2014 Fabio Filipozzi and Kersti Harkmann. Currency hedge – Walking on the edge?
08.09.2014
4/2014 Juan Carlos Cuestas and Karsten Staehr. The Great (De)leveraging in the GIIPS countries. Domestic credit and net foreign liabilities 1998–2013
04.09.2014
3/2014 Juan Carlos Cuestas, Luis A. Gil-Alana and Paulo José Regis. On the changes in the sustainability of European external debt: What have we learned
23.07.2014
2/2014 Merike Kukk. Distinguishing the components of household financial wealth: The impact of liabilities on assets in euro area countries
29.01.2014
1/2014 Jaanika Meriküll and Tairi Rõõm. Are foreign-owned firms different? Comparison of employment volatility and elasticity of labour demand
13.09.2013
9/2013 Dmitry Kulikov and Aleksei Netšunajev. Identifying monetary policy shocks via heteroskedasticity: a Bayesian approach
10.09.2013
8/2013 Boris Blagov. Financial crises and time-varying risk premia in a small open economy: A Markov-switching DSGE model for Estonia
15.08.2013
7/2013 Gertrud Errit and Lenno Uusküla. Euro area monetary policy transmission in Estonia
25.07.2013
6/2013 Merike Kukk and Karsten Staehr. Income underreporting by households with business income. Evidence from Estonia
28.06.2013
5/2013 Guido Baldi and Karsten Staehr. The European debt crisis and fiscal reaction functions in Europe 2000–2012
03.06.2013
4/2013 Liina Malk. Relaxation of employment protection and its effects on labour reallocation
21.05.2013
3/2013 Michael Ehrmann, Chiara Osbat, Jan Strasky and Lenno Uusküla. The Euro exchange rate during the European sovereign debt crisis – Dancing to its own tune?
06.05.2013
2/2013 Philip Du Caju, Theodora Kosma, Martina Lawless, Julián Messina and Tairi Rõõm. Why firms avoid cutting wages: Survey evidence from European firms
10.04.2013
1/2013 Ardo Hansson and Martti Randveer. Economic adjustment in the Baltic countries
25.01.2013
8/2012 Jaanika Meriküll, Tairi Rõõm and Karsten Staehr. Perceptions of unreported economic activities in Baltic firms. Individualistic and non-individualistic motives
07.01.2013
7/2012 Aurelijus Dabušinskas, Dmitry Kulikov and Martti Randveer. The impact of volatility on economic growth
19.12.2012
6/2012 Aleksei Netšunajev. Reaction to technology shocks in Markov-switching structural VARs: Identification via heteroskedasticity
06.12.2012
5/2012 Hubert Gabrisch and Karsten Staehr. The Euro Plus Pact: Competitiveness and external capital flows in the EU countries
30.11.2012
4/2012 David Seim. Job displacement and labor market outcomes by skill level
01.03.2012
3/2012 Merike Kukk, Dmitry Kulikov and Karsten Staehr. Consumption sensitivities in Estonia: Income shocks of different persistence
02.01.2012
2/2012 Jaanika Meriküll. Households borrowing during a creditless recovery
01.10.2011
10/2011 Martti Randveer, Lenno Uusküla and Liina Kulu. The impact of private debt on economic growth
01.01.2012
1/2012 Kadri Männasoo. Determinants of bank interest spread in Estonia.
01.07.2011
7/2011 Kadri Männasoo and Jaanika Meriküll. R&D in boom and bust: Evidence from the World Bank financial crisis survey