Research fields Subfields Ongoing research in 2018
Development of models
  • Macroeconomic models
  • Banking sector models
  • Short-term forecasting models
  • Banking sector model for stress tests of systemic risks
  • Development of the econometric model for the assessment of overvaluation of real estate prices
Monetary policy
  • Monetary policy transmission
  • Inflation
  • Interaction of fiscal and monetary policy
  • Equlibrium rate of CPI inflation in Estonia
  • Equilibrium real interest rate
  • Monetary policy transmission in the euro area
  • Euro area monetary policy transmission in Estonia
Financial sector
  • Macro-prudential supervision
  • Structure of the financial sector and financing of the economy
  • Financial behaviour of companies and households
  • Financial markets 
  • Research in the framework of Household Finance and Consumption Network
  • Calibration of the countercyclical capital buffer on the basis of credit growth
Real economy
  • Structure and efficiency of labour and product markets
  • Competitiveness
  • Business cycle analysis
  • Fiscal sustainability
  • Indicators of economic fragility and the model for forecasting cyclical turning points in Estonia