21.05.2019

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... more

29.04.2019
Working Papers of Eesti Pank 2/2019  We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages and hours) in response to shocks. We develop a theoretical model to understand how firms choose between different ways to adjust their... more
21.01.2019
  • Martti Randveer (Head of the Economics and Research Department)
  • Tairi Rõõm (Head of the Research Division)
  • Dmitry Kulikov
  • Jaanika Meriküll
  • Karsten Staehr
  • Lenno Uusküla
  • Liina Malk (parental leave)
  • Juan Carlos Cuestas... more
18.01.2019

Economist
Phone: +(00) 372 668 0907
E-mail: natalia.levenko [at] eestipank.ee

Research interests:
Economic development and productivity
Business cycles
Macro-data analysis

Education:
2014 — Ph. D. Studies in Economics, Tallinn... more

18.01.2019
Working Papers of Eesti Pank 1/2019 I extend a standard two-period OLG model to investigate the interplay between the risks of a binding zero lower bound and asset price bubbles in a low interest rates environment. The nature of the bubble is crucial when the risk-free real interest... more
28.12.2018
Working Papers of Eesti Pank 10/2018 We investigate how adopting the euro affects exports using firm-level data from Slovakia and Estonia. In contrast to previous studies, we focus on countries that adopted the euro individually and had different exchange rate regimes prior to doing so... more
20.12.2018
Working Papers of Eesti Pank 9/2018 The paper studies the determinants of household saving in Europe with particular focus on the impact of labour income uncertainty. Panel data models are estimated on aggregate data for 24 European countries in 1996–2017 using system GMM. The... more
10.12.2018
Working Papers of Eesti Pank 8/2018 The paper seeks to determine the factors that drive the current account dynamics of the 11 EU members from Central and Eastern Europe (CEE). Panel data models are estimated on annual data for the period 1997–2017 and both domestic pull factors and... more
31.10.2018
Working Papers of Eesti Pank 7/2018 This paper complements the standard Basel countercyclical capital buffer framework by suggesting four additional measures for credit gaps that can be used to measure the financial cycle and to decide on countercyclical capital buffers for banks. The new... more
16.10.2018

The Eesti Pank research award at the doctoral level was awarded to Tarmo Puolokainen for his Doctoral Dissertation on how to measure the performance of emergency services. The prizes in the Master’s category went to Janely Põllumägi for her Master’s thesis on the determinants of credit card... more

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