Research

Economists in the Research Division

Natalia Levenko

research

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Economist 
E-mail: natalia.levenko@eestipank.ee

<h2>Research interests:</h2>

Economic development and productivity 
Business cycles 
Tax evasion 
Forecast uncertainty

<h2>Education:</h2>

2020&nbsp;— Ph.D in Economics, Tallinn University of Technology, Estonia 
2014 — MA Corporate Finance, Tallinn University of Technology, Estonia 
2012 — BA Finance and Accounting, Estonian Business School, Estonia

<h2>Experience:</h2>

Since 2018: Economist (0.4), Economics and Research Department, Bank of Estonia, Estonia 
Since 2016: Lecturer, Tallinn University of Technology, Estonia

<h2>Selected publications:</h2>

<ul>
	<li>
	<div><a href="https://www.sciencedirect.com/science/article/pii/S0939362522001091?via%3Dihub">Self-reported tax compliance in post-transition Estonia</a>, 2022, authors Natalia Levenko and Karsten Staehr.&nbsp;Economic Systems, 101047. (earlier version:&nbsp;<a href="https://www.eestipank.ee/en/publications/working-papers/2021/72021-natalia-levenko-karsten-staehr-tax-compliance-post-transition-you-and-your-friends-matter-not">Tax compliance in post-transition: You and your friends matter, not the government</a>,&nbsp;Working Papers of Eesti Pank, No&nbsp;7/2021).</div>
	</li>
	<li>
	<div><a href="https://www.tandfonline.com/doi/abs/10.1080/00036846.2022.2110212">Misalignments in house prices and economic growth in Europe</a>, 2022, authors Juan Carlos Cuestas, Merike Kukk and &nbsp;Natalia Levenko.&nbsp;Applied Economics, pp 1-23. (eralier version:&nbsp;<a href="https://www.eestipank.ee/en/publications/working-papers/2021/12021-juan-carlos-cuestas-merike-kukk-natalia-levenko-house-price-misalignments-and-economic-growth">House price misalignments and economic growth in Europe</a>,&nbsp;Working Papers of Eesti Pank, No&nbsp;1/2021).</div>
	</li>
	<li>
	<a href="https://www.sciencedirect.com/science/article/pii/S1090944320302994">Rounding bias in forecast uncertainty</a>, 2020, author Natalia Levenko.&nbsp;Research in Economics,&nbsp;Vol. 74, No. 4, pp&nbsp;277-291.
	</li>
	<li>
	<a href="https://www.sciencedirect.com/science/article/pii/S1059056019301960">Perceived uncertainty as a key driver of household saving</a>, 2020, author Natalia Levenko. International Review of Economics and Finance, Vol. 65, pp 126-145.
	</li>
	<li>
	<a href="https://www.eestipank.ee/en/publication/working-papers/2019/62019-merike-kukk-natalia-levenko-macroeconomic-imbalances-and-loan-quality-panels-european">Macroeconomic imbalances and loan quality in panels of European countries</a>, 2019, authors Merike Kukk and Natalia Levenko.&nbsp;Working Papers of Eesti Pank,&nbsp;No 6/2019.
	</li>
	<li><a href="https://www.tandfonline.com/doi/abs/10.1080/14631377.2018.1460713">Total factor productivity growth in Central and Eastern Europe before, during and after the global financial crisis</a>, 2019, authors Natalia Levenko, Kaspar Oja and Karsten Staehr.&nbsp;Post-Communist Economies, Vol&nbsp;31, No&nbsp;2, pp&nbsp;137-160.</li>
	<li>To be or not to be in the rouble zone. Lessons from the Baltic states, 2016, authors Natalia Levenko and Karsten Staehr. CESifo Forum, Vol&nbsp;17, No&nbsp;4, pp&nbsp;34-42.</li>
</ul>

<h2>Referee:</h2>

Problemy Zarządzania, Warsaw University 
Renewable and Sustainable Energy Reviews 
Economic Modelling 
Baltic Journal of Economics 
Empirica