Open seminars of Eesti Pank

Due to COVID-19 virus pandemic the program of open seminars is currently suspended.

Economists and people interested in economics are kindly invited to attend the open seminars of Eesti Pank. The goal of the open seminars is to promote exchange of ideas between the central bank, the academic community and economic policy institutions.

The program of open seminars was launched in 2000. To date, over 150 economists and experts of Eesti Pank and other institutions have lectured at these seminars.

Due to limited space and the bank’s security rules, participants are asked to register to the seminar electronically through the registration link under Eesti Pank’s calendar by the date indicated in the invitation. For further information about registration, please contact Mrs Eve Mägin by phone +(00) 372 668 0758 or by e-mail

Open seminars of Eesti Pank in 2020

Date and
Lecturer (institution) and topic   

Previous seminars

20.02.2020Madina Karamysheva (HSE University)
Prudential policies and systemic risk: the role of interconnections
06.02.2020Toomas Laarits (NYU Stern School of Business)
Precautionary Savings  and the Stock-Bond Covariance
30.01.2020Josue Mabulango Diwambuena (Free University of Bozen)
The Decline in Labor Productivity in Italy. A Macroeconomic Perspective
Stephanie Rendon De La Torre (TalTech)
From econophysics to networks to data science: Estonian network of payments

Open seminars of Eesti Pank in 2019

Date and timeLecturer (institution) and topic   
 Previous seminars
7 NovemberNataliia Ostapenko (University of Tartu)
Identification of the monetary policy shocks from the Federal Reserve surprises
5 NovemberYassine Bakkar (TalTech)
Internationalization, Foreign Complexity and Systemic Risk: European Banks Perspective
10 October
Anton Skrobotov (Russian Presidential Academy of National Economy and Public Administration)
New Approaches to Robust Inference on Market (Non-)Efficiency, Volatility Clustering and Non-linear Dependence
3 OctoberAd van Riet (United Nations University)

The quest for a safe sovereign asset for the Eurozone

5 SeptemberRachatar Nilavongse (TalTech)

House Price Expectations, Boom-Bust Cycles and Implications for Monetary Policy

8 July

Javier Ordóñez (Universitat Jaume I)
Economic integration, within-country and between-country inequality in Europe

10 MayKonstantinos Theodoridis (Cardiff University)
Understanding International Long-Term Interest Rate Comovement
8 MayFred van Raaij (Tilburg University)
Behavioral Finance and Self-control
18 MarchTimo Teräsvirtä (Aarhus University)

Transition from the Taylor rule to the zero lower bound

28 FebruaryMathias Trabandt (Freie Universität Berlin)
Resolving the Missing Deflation Puzzle
14 FebruaryAnita Suurlaht (UCD School of Business)
Correlation Dynamics in the G7 Stock Markets
7 FebruaryKaren Davtyan (ESADE Business School/Universitat de Barcelona)
Unconventional Monetary Policy and Income Inequality
25 JanuaryM. Alper Cenesiz (University of Porto)
Income Effects and the Cyclicality of Job Search Effort

Open seminars of Eesti Pank in 2018

Date and
Lecturer (institution) and topic   
6 December

Toomas Laarits (Yale University)
Pre-Announcement Risk

28 NovemberCeremony of the Eesti Pank research award 2018
Tarmo Puolokainen: Public Agencies’ Performance Benchmarking in the Case of Demand Uncertainty with an Application to Estonian, Finnish and Swedish Fire and Rescue Services
Janely Põllumägi: Krediitkaardi omamist ja limiidikasutust selgitavad tegurid
Mykola Herasymovych: Optimizing Acceptance Threshold in Credit Scoring using Reinforcement Learning
22 NovemberNiku Määtänen (ETLA and Aalto University)
Welfare Effects of Housing Transaction Taxes: A Quantitative Analysis with an Assignment Model
22 August
Helmut Lütkepohl (Freie Universität Berlin)
Bayesian Inference for Structural Vector Autoregressions Identified by Markov-Switching Heteroskedasticity
24 MayMichael Ehrmann (European Central Bank)
Stock Return Comovement when Investors are Distracted: More, and More Homogeneous
21 MaySylwia Nowak and Faezeh Raei (IMF)
IMF Regional Economic Outlook Spring 2018
Chapter 2: European Wage Dynamics and Labor Market Integration
26 AprilKarl Walentin (Sveriges Riksbank)
Learning on the Job and the Cost of Business Cycles
29 MarchAleksandar Vasilev (Sofia University)

A real-business-cycle model with efficiency wages and a government sector: the case of Bulgaria

22 MarchOlivier Damette (University of Lorraine/UFR DEA Metz/BETA-CNRS)
Taxing the Financial Transactions in Europe : New empirical investigations
13 MarchJacopo Bonchi (Sapienza University of Rome)

Secular stagnation and rational bubbles: How bubbles postpone low interest rates

8 FebruaryBruno Karoubi (Science Po)
Does Crime Influence the Payment Decisions of Consumers?

The schedule is updated regularly. To subscribe for seminar invitations, please contact Mrs Liina Kulu by phone +372 668 0806 or by e-mail