Publications
Below you can find a selection of our research publications. For a full list, see the Estonian Research Information System ETIS. (Link)
Kukk, M., Kulikov, D., & Staehr, K. (2016). Estimating consumption responses to income shocks of different persistence using self‐reported income measures. Review of Income and Wealth, 62(2), 311-333. https://dx.doi.org/10.1111/roiw.12163
Kukk, M. (2016). How did household indebtedness hamper consumption during the recession? Evidence from micro data. Journal of Comparative Economics, 44(3), 764-786. https://dx.doi.org/10.1016/j.jce.2015.07.004
Hazak, A., Männasoo, K., & Virkebau, M. (2017). Effects of work arrangements on creative R&D work outcomes. Eastern European Economics, 55(6), 500-521. https://doi.org/10.1080/00128775.2017.1381567
Reigl, N. (2017). Forecasting the Estonian rate of inflation using factor models. Baltic Journal of Economics, 17(2), 152-189. https://doi.org/10.1080/1406099X.2017.1371976
Männasoo, K., Maripuu, P., & Hazak, A. (2018). Investments, Credit, and Corporate Financial Distress: Evidence from Central and Eastern Europe. Emerging Markets Finance and Trade, 54(3), 677-689. https://doi.org/10.1080/1540496X.2017.1300092
Cuestas, J. C., Filipozzi, F., & Staehr, K. (2017). Uncovered interest parity in Central and Eastern Europe: Expectations and structural breaks. Review of International Economics, 25(4), 695-710. http://dx.doi.org/10.1111/roie.12280
Ferraro, S. (2018). Is information and communication technology satisfying educational needs at school?. Computers & Education, 122, 194-204. https://doi.org/10.1016/j.compedu.2018.04.002
Ferraro, S., Meriküll, J., & Staehr, K. (2018). Minimum wages and the wage distribution in Estonia. Applied Economics, 50(49), 5253-5268. https://dx.doi.org/10.1080/00036846.2018.1486017
Cuestas, J. C., & Regis, P. J. (2018). On the dynamics of sovereign debt in China: sustainability and structural change. Economic Modelling, 68, 356-359. https://doi.org/10.1016/j.econmod.2017.08.003
Ferraro, S., & Põder, K. (2018). School-level policies and the efficiency and equity trade-off in education. Journal of Policy Modeling, 40(5), 1022-1037. https://doi.org/10.1016/j.jpolmod.2017.11.001
Männasoo, K., Hein, H., & Ruubel, R. (2018). The contributions of human capital, R&D spending and convergence to total factor productivity growth. Regional Studies, 52(12), 1598-1611. https://dx.doi.org/10.1080/00343404.2018.1445848
Illiashenko, P. (2019). “Tough Guy” vs.“Cushion” hypothesis: How does individualism affect risk-taking?. Journal of Behavioral and Experimental Finance, 24, 100212. https://doi.org/10.1016/j.jbef.2019.04.005
Vaarmets, T., Liivamägi, K., & Talpsepp, T. (2019). From academic abilities to occupation: What drives stock market participation?. Emerging Markets Review, 39, 83-100. https://doi.org/10.1016/j.ememar.2019.04.004
Staehr, K., & Vermeulen, R. (2019). Heterogeneous effects of competitiveness shocks on macroeconomic performance across euro area countries. The World Economy, 42(1), 68-86. https://doi.org/10.1111/twec.12675
Vaarmets, T., Liivamägi, K., & Talpsepp, T. (2019). How does learning and education help to overcome the disposition effect?. Review of Finance, 23(4), 801-830. https://doi.org/10.1093/rof/rfy006
Talpsepp, T., & Vaarmets, T. (2019). The disposition effect, performance, stop loss orders and education. Journal of Behavioral and Experimental Finance, 24, 100240. https://doi.org/10.1016/j.jbef.2019.100240
Rosenberg, S. (2019). The effects of conventional and unconventional monetary policy on house prices in the Scandinavian countries. Journal of Housing Economics, 46, 101659. https://doi.org/10.1016/j.jhe.2019.101659
Levenko, N., Oja, K., & Staehr, K. (2019). Total factor productivity growth in Central and Eastern Europe before, during and after the global financial crisis. Post-Communist Economies, 31(2), 137-160. https://dx.doi.org/10.1080/14631377.2018.1460713
Talpsepp, T., Liivamagi, K., & Vaarmets, T. (2020). Academic Abilities, Education and Performance in the Stock Market. Journal of Banking & Finance, 105848. https://doi.org/10.1016/j.jbankfin.2020.105848
Tapver, T., Laidroo, L., & Gurvitš-Suits, N. A. (2020). Banks’ CSR reporting–Do women have a say?. Corporate Governance: The International Journal of Business in Society. https://dx.doi.org/10.1108/CG-11-2019-0338
Kukk, M., Paulus, A., & Staehr, K. (2020). Cheating in Europe: underreporting of self-employment income in comparative perspective. International Tax and Public Finance, 27(2), 363-390. https://doi.org/10.1007/s10797-019-09562-9
Männasoo, K., & Meriküll, J. (2020). Credit constraints and R&D over the boom and bust: Firm-level evidence from Central and Eastern Europe. Economic Systems, 100747. https://doi.org/10.1016/j.ecosys.2020.100747
Nilavongse, R., Michał, R., & Uddin, G. S. (2020). Economic policy uncertainty shocks, economic activity, and exchange rate adjustments. Economics Letters, 186, 108765. https://doi.org/10.1016/j.econlet.2019.108765
Hazak, A., Kerikmäe, T., & Pärn-Lee, E. (2020). Efficiency and bid rigging in simultaneous procurement auctions under oligopoly. International Journal of Procurement Management, 13(2), 199-213. https://doi.org/10.1504/IJPM.2020.106512
Illiashenko, P., & Laidroo, L. (2020). National culture and bank risk-taking: Contradictory case of individualism. Research in International Business and Finance, 51, 101069. https://doi.org/10.1016/j.ribaf.2019.101069
Cuestas, J. C., & Kukk, M. (2020). The interaction between housing prices and housing credit: evidence from a country with rapid credit accumulation. Journal of Economic Studies. https://dx.doi.org/10.1108/JES-11-2019-0519
Laidroo, L., & Avarmaa, M. (2019). The role of location in FinTech formation. Entrepreneurship & Regional Development, 1-18. https://dx.doi.org/10.1080/08985626.2019.1675777