Quantitative Economics people
Jaan Masso
Associate Professor of Applied Econometrics, Head of the Chair of Economic Modelling
PhD (University of Tartu, 2005)
Research interests: labour economics, foreign direct investments, international trade, innovations, science policy
Teaching: Macroeconomics
Selected publications
Benkovskis, K., Masso, J., Tkacevs, O., Vahter, P., Yashiro, N. (2020), ”Export and productivity in global value chains: comparative evidence from Latvia and Estonia”, Review of World Economics, 156(3), pp. 557-577
Vahter, P., Masso, J. (2019), “The contribution of multinationals to wage inequality: foreign ownership and the gender pay gap”, Review of World Economics, Vol. 155, Issue 1, pp. 105-148.
Masso, J., Eamets, R., Mõtsmees, P (2014), “Temporary migrants and occupational mobility: evidenc
PhD (University of Tartu, 2005)
Research interests: labour economics, foreign direct investments, international trade, innovations, science policy
Teaching: Macroeconomics
Selected publications
Benkovskis, K., Masso, J., Tkacevs, O., Vahter, P., Yashiro, N. (2020), ”Export and productivity in global value chains: comparative evidence from Latvia and Estonia”, Review of World Economics, 156(3), pp. 557-577
Vahter, P., Masso, J. (2019), “The contribution of multinationals to wage inequality: foreign ownership and the gender pay gap”, Review of World Economics, Vol. 155, Issue 1, pp. 105-148.
Masso, J., Eamets, R., Mõtsmees, P (2014), “Temporary migrants and occupational mobility: evidenc
Ricardo Vicente
Lecturer of Economic Modelling/ Research Fellow of Economic Modelling
PhD in Economics (European University Institute, 2016)
Research interests: International Finance/Macro, Sovereign Debt, Fiscal Policy, Political Economics
Teaching: Evaluation of Economic Policies, Decision Making and Choice Behavior
PhD in Economics (European University Institute, 2016)
Research interests: International Finance/Macro, Sovereign Debt, Fiscal Policy, Political Economics
Teaching: Evaluation of Economic Policies, Decision Making and Choice Behavior
Hakan Eratalay
Lecturer of Econometrics / Research Fellow of Econometrics
PhD in Economics (University of Alicante, 2012)
Research interests: Modelling and estimation of financial volatility models, financial networks, theoretical and applied financial econometrics, time series econometrics
Teaching: Econometric Analysis, Financial Econometrics, Multivariate Statistics, Introduction to Matlab
Selected publications
Hakan Eratalay, M., & Vladimirov, E. V. (2020). Mapping the stocks in MICEX: Who is central in the Moscow Stock Exchange?. Economics of Transition and Institutional Change, 28(4), 581-620.
Eratalay, M. H. (2016), “Estimation of Multivariate Stochastic Volatility Models: A Comparative Monte Carlo Study”, International Econometric Review, Volume 8, Issue 2, pp. 19-52.
Eratalay,
PhD in Economics (University of Alicante, 2012)
Research interests: Modelling and estimation of financial volatility models, financial networks, theoretical and applied financial econometrics, time series econometrics
Teaching: Econometric Analysis, Financial Econometrics, Multivariate Statistics, Introduction to Matlab
Selected publications
Hakan Eratalay, M., & Vladimirov, E. V. (2020). Mapping the stocks in MICEX: Who is central in the Moscow Stock Exchange?. Economics of Transition and Institutional Change, 28(4), 581-620.
Eratalay, M. H. (2016), “Estimation of Multivariate Stochastic Volatility Models: A Comparative Monte Carlo Study”, International Econometric Review, Volume 8, Issue 2, pp. 19-52.
Eratalay,
Dmitry Kulikov
Senior Specialist at Eesti Pank (Central Bank of Estonia)
PhD in Economics (University of Aarhus, 2004)
Research interests: Theoretical and applied econometrics, empirical macroeconomics, long memory models, financial volatility models
Teaching: Macroeconometrics, Time Series Econometrics (Stockholm School of Economics in Riga, Tallinn Technical University)
PhD in Economics (University of Aarhus, 2004)
Research interests: Theoretical and applied econometrics, empirical macroeconomics, long memory models, financial volatility models
Teaching: Macroeconometrics, Time Series Econometrics (Stockholm School of Economics in Riga, Tallinn Technical University)
Priit Vahter
Senior Research Fellow (Economics of Innovation)
PhD in Economics (University of Nottingham, 2010)
Research interests: Determinants of productivity of firms, economics of innovation, international trade and FDI
Teaching: International Economics, Economics of Innovation, Undergraduate Research Seminar
Selected publications:
Benkovskis, K., Masso, J., Tkacevs, O., Vahter, P., Yashiro, N. (2020), ”Export and productivity in global value chains: comparative evidence from Latvia and Estonia”, Review of World Economics, 156(3), pp. 557-577
Roper, S.; Micheli, P.; Love, J. H.; Vahter, P. (2016). “The roles and effectiveness of design in new product development: A study of Irish manufacturers”. Research Policy, 45 (1), 319−329.
PhD in Economics (University of Nottingham, 2010)
Research interests: Determinants of productivity of firms, economics of innovation, international trade and FDI
Teaching: International Economics, Economics of Innovation, Undergraduate Research Seminar
Selected publications:
Benkovskis, K., Masso, J., Tkacevs, O., Vahter, P., Yashiro, N. (2020), ”Export and productivity in global value chains: comparative evidence from Latvia and Estonia”, Review of World Economics, 156(3), pp. 557-577
Roper, S.; Micheli, P.; Love, J. H.; Vahter, P. (2016). “The roles and effectiveness of design in new product development: A study of Irish manufacturers”. Research Policy, 45 (1), 319−329.
Anneli Kaasa
Professor of Social and Cultural Studies in EconomicsPhD in Economics (University of Tartu, 2004)
Research interests:Cultural differences, social capital, innovations, welfare
Teaching: Mathematics for Economics, Microeconomics
Selected publications:
Kaasa, A.; Minkov, M. (2020). Are the World’s National Cultures Becoming More Similar? Journal of Cross-Cultural Psychology, 52 (7-8), 531−550.
Kaasa, A. (2018). Intangible factors and productivity: Evidence from Europe at the regional level. Business and Economic Horizons, 14 (2), 300−325.
Kaasa, A. (2015), “Culture, religion and social capital: evidence from European regions”, International Journal of Sociology and Social Policy, Vol. 35, Issue 11/12, pp. 772-794.
Kaasa, A.; Vadi, M.; Varblane, U. (2014), “Regional Cul
Research interests:Cultural differences, social capital, innovations, welfare
Teaching: Mathematics for Economics, Microeconomics
Selected publications:
Kaasa, A.; Minkov, M. (2020). Are the World’s National Cultures Becoming More Similar? Journal of Cross-Cultural Psychology, 52 (7-8), 531−550.
Kaasa, A. (2018). Intangible factors and productivity: Evidence from Europe at the regional level. Business and Economic Horizons, 14 (2), 300−325.
Kaasa, A. (2015), “Culture, religion and social capital: evidence from European regions”, International Journal of Sociology and Social Policy, Vol. 35, Issue 11/12, pp. 772-794.
Kaasa, A.; Vadi, M.; Varblane, U. (2014), “Regional Cul
Eve Parts
Associate Professor of Economics
PhD in Economics (University of Tartu, 2009)
Research interests: Social aspects of economic development, social capital, institutional quality, values
Teaching: Economic Principles, Macroeconomics, Development Economics
Selected publications
Parts, E. (2013). The dynamics and determinants of social capital in the European Union and neighboring countries. Estonian Discussions on Economic Policy, 21, 1, 117−135.
Parts, E.; Kaasa, A. (2013), “Honesty and Trust: Integrating the Values of individuals, organizations, and the society”, in Tiia Vissak and Maaja Vadi (Eds.) (Dis)honesty in Management: Manifestations and Consequences, Emerald Group Publishing Limited, pp. 37-58.
PhD in Economics (University of Tartu, 2009)
Research interests: Social aspects of economic development, social capital, institutional quality, values
Teaching: Economic Principles, Macroeconomics, Development Economics
Selected publications
Parts, E. (2013). The dynamics and determinants of social capital in the European Union and neighboring countries. Estonian Discussions on Economic Policy, 21, 1, 117−135.
Parts, E.; Kaasa, A. (2013), “Honesty and Trust: Integrating the Values of individuals, organizations, and the society”, in Tiia Vissak and Maaja Vadi (Eds.) (Dis)honesty in Management: Manifestations and Consequences, Emerald Group Publishing Limited, pp. 37-58.
Kadri Ukrainski
Professor of Research and Innovation Policy
PhD in Economics (University of Tartu, 2008)
Research interests: Innovation policy, science policy, research funding
Teaching: Public Sector Economics, Innovation Policy
Selected publications
Ukrainski, K., Kanep, H., Kirs, M., & Karo, E. (2018). Internationalisation of firms' research and development activities: the experience from European Union framework programs. International Journal of Export Marketing, 2(4), 291-315.
Ukrainski, K.; Kanep, H.; Kirs, M.; Karo, E. (2018). Segregation of EU13 Countries in EU Framework Programmes Illuminates Important Challenges for Cohesion Policy. CESifo Forum, 18 (1), 16−23.
PhD in Economics (University of Tartu, 2008)
Research interests: Innovation policy, science policy, research funding
Teaching: Public Sector Economics, Innovation Policy
Selected publications
Ukrainski, K., Kanep, H., Kirs, M., & Karo, E. (2018). Internationalisation of firms' research and development activities: the experience from European Union framework programs. International Journal of Export Marketing, 2(4), 291-315.
Ukrainski, K.; Kanep, H.; Kirs, M.; Karo, E. (2018). Segregation of EU13 Countries in EU Framework Programmes Illuminates Important Challenges for Cohesion Policy. CESifo Forum, 18 (1), 16−23.
Andres Võrk
Lecturer of Econometrics
Analyst, Center of IT Impact Studies (CITIS)
MA in Economics (University of Tartu, 2000)
Research interests: Evaluation of social and labour policy programmes, distributional effects of tax-benefit systems
Teaching: Microeconometrics
Selected publications:
Solvak, M.; Unt, T.; Rozgonjuk, D.; Võrk, A.; Veskimäe, M,; Vassil, K. (2019). E-governance diffusion: population level e-service adoption rates and usage patterns. Telematics and Informatics, Vol. 36, pp. 39-54.
Võrk, Andres, Magnus Piirits and Evelin Jõgi (2015). The impact of introduction of funded pension schemes on intragenerational inequality in Estonia: A cohort microsimulation analysis. Netspar Discussion Papers. DP 06/2015-021
Analyst, Center of IT Impact Studies (CITIS)
MA in Economics (University of Tartu, 2000)
Research interests: Evaluation of social and labour policy programmes, distributional effects of tax-benefit systems
Teaching: Microeconometrics
Selected publications:
Solvak, M.; Unt, T.; Rozgonjuk, D.; Võrk, A.; Veskimäe, M,; Vassil, K. (2019). E-governance diffusion: population level e-service adoption rates and usage patterns. Telematics and Informatics, Vol. 36, pp. 39-54.
Võrk, Andres, Magnus Piirits and Evelin Jõgi (2015). The impact of introduction of funded pension schemes on intragenerational inequality in Estonia: A cohort microsimulation analysis. Netspar Discussion Papers. DP 06/2015-021
Kaur Lumiste
Lecturer, Institute of mathematics and statistics
PhD (University of Tartu, 2018)
Research interests: survey sampling, non-response bias, adaptive sampling, data visualisation methods.
Teaching: Mathematical statistics, Survey sampling, Qualitative data analysis, Data visualisation, Software R and Excel.
Selected publications:
Särndal, C.-E., Traat, I., Lumiste, K. (2018). Interaction between data collection and estimation phases in surveys with nonresponse. Statistics in Transition, 19 (2), 183−200.
Lumiste, Kaur (2017). Effect of auxiliary information in data collection and estimation stage. Acta et Commentationes Universitatis Tartuensis de Mathematica, 21 (1), 111−128.10.12697/ACUTM.2017.21.08.
PhD (University of Tartu, 2018)
Research interests: survey sampling, non-response bias, adaptive sampling, data visualisation methods.
Teaching: Mathematical statistics, Survey sampling, Qualitative data analysis, Data visualisation, Software R and Excel.
Selected publications:
Särndal, C.-E., Traat, I., Lumiste, K. (2018). Interaction between data collection and estimation phases in surveys with nonresponse. Statistics in Transition, 19 (2), 183−200.
Lumiste, Kaur (2017). Effect of auxiliary information in data collection and estimation stage. Acta et Commentationes Universitatis Tartuensis de Mathematica, 21 (1), 111−128.10.12697/ACUTM.2017.21.08.
Lenno Uusküla
Senior economist, Research Division, Bank of Estonia
PhD (European University Institute, 2011)
Research interests: theoretical and applied macroeconomics, monetary economics, international macroeconomics, firm creation and destruction, time-series econometrics, news
Teaching: Selected Topics in Macroeconomics
Selected publications
Jacob, P.; Uusküla, L. (2019) “Deep Habits and the Exchange Rate Pass-through”, Journal of Economic Dynamics and Control, vol. 105, pp. 67-89.
Uusküla, L. (2016), “Monetary Transmission Mechanism with Firm Turnover”, Journal of Macroeconomics, Vol. 50, December 2016, vol. 50, pp. 1–18.
Errit, G.; Uusküla, L. (2015), “Euro area monetary policy transmission in Estonia”, Baltic Journal of Economics, Vol. 14, Issue 1-2, pp. 55−77,
PhD (European University Institute, 2011)
Research interests: theoretical and applied macroeconomics, monetary economics, international macroeconomics, firm creation and destruction, time-series econometrics, news
Teaching: Selected Topics in Macroeconomics
Selected publications
Jacob, P.; Uusküla, L. (2019) “Deep Habits and the Exchange Rate Pass-through”, Journal of Economic Dynamics and Control, vol. 105, pp. 67-89.
Uusküla, L. (2016), “Monetary Transmission Mechanism with Firm Turnover”, Journal of Macroeconomics, Vol. 50, December 2016, vol. 50, pp. 1–18.
Errit, G.; Uusküla, L. (2015), “Euro area monetary policy transmission in Estonia”, Baltic Journal of Economics, Vol. 14, Issue 1-2, pp. 55−77,
Peeter Luikmel
Head of the subdivision of monetary policy and foreign economy, Research Division, Bank of Estonia
MA (Tallinn University of Technology, 2005)
Teaching: Monetary Economics
MA (Tallinn University of Technology, 2005)
Teaching: Monetary Economics
Indrek Seppo
Senior Analyst, Estonian Centre for Applied Research CENTAR
Economics PhD student (University of Tartu, since 2006)
Selected publications
Anspal, S.; Kaska, M.; Seppo, I. (2017). „Using k-anonymization for registry data: pitfalls and alternatives”. Acta et Commentationes Universitatis Tartuensis de Mathematica, Vol. 21 (1), 65−78.
Research interests: economics of education, infrastructure investments, psychometric measurement
Teaching: Introduction to R software
Economics PhD student (University of Tartu, since 2006)
Selected publications
Anspal, S.; Kaska, M.; Seppo, I. (2017). „Using k-anonymization for registry data: pitfalls and alternatives”. Acta et Commentationes Universitatis Tartuensis de Mathematica, Vol. 21 (1), 65−78.
Research interests: economics of education, infrastructure investments, psychometric measurement
Teaching: Introduction to R software
Maryna Tverdostup
Research Fellow in Economic Modelling, University of Tartu
Researcher, Institute of Public Finance, University of Innsbruck
PhD in Economics (University of Tartu, 2018)
Research interests: labour economics, behavioral economics, applied microeconometrics.
Teaching: Introduction to R software
Selected publications:
Zinovyeva, N.; Tverdostup, M. (2020). Gender Identity, Co-Working Spouses and Relative Income within Households. American Economic Journal: Applied Economics, forthcoming.
Balafoutas, L.; Fornwagner, H.; Kerschbamer, R.; Sutter, M.; Tverdostup, M. (2020). Diagnostic Uncertainty and Insurance in Credence Goods Markets. Working Papers from Faculty of Economics and Statistics, University of Innsbruck, 2020-21, 1−50.
Researcher, Institute of Public Finance, University of Innsbruck
PhD in Economics (University of Tartu, 2018)
Research interests: labour economics, behavioral economics, applied microeconometrics.
Teaching: Introduction to R software
Selected publications:
Zinovyeva, N.; Tverdostup, M. (2020). Gender Identity, Co-Working Spouses and Relative Income within Households. American Economic Journal: Applied Economics, forthcoming.
Balafoutas, L.; Fornwagner, H.; Kerschbamer, R.; Sutter, M.; Tverdostup, M. (2020). Diagnostic Uncertainty and Insurance in Credence Goods Markets. Working Papers from Faculty of Economics and Statistics, University of Innsbruck, 2020-21, 1−50.
Jaanika Meriküll
Senior Research Fellow in Economic Modelling
Economist, Research Division, Bank of Estonia
PhD (University of Tartu, 2014)
Research interests: labour economics, economic development and technological changes, microdata analysis.
Teaching: International Trade
Selected publications:
Cede, U.; Chiriacescu, B.; Harasztosi, P.; Lalinsky, T.; Meriküll, J. (2018). “Export characteristics and output volatility: comparative firm-level evidence for CEE countries”. Review of World Economics, Vol 154 (2), pp. 347−376..
Economist, Research Division, Bank of Estonia
PhD (University of Tartu, 2014)
Research interests: labour economics, economic development and technological changes, microdata analysis.
Teaching: International Trade
Selected publications:
Cede, U.; Chiriacescu, B.; Harasztosi, P.; Lalinsky, T.; Meriküll, J. (2018). “Export characteristics and output volatility: comparative firm-level evidence for CEE countries”. Review of World Economics, Vol 154 (2), pp. 347−376..
Vladyslav Soloviov
Assistant in Economic Theory
MA in Economics (University of Tartu, 2018)
Research interests: cultural differences and their impact on innovation and entrepreneurship
Teaching: Microeconomics, game theory, introduction to mathematical economics
Selected publications: Masso, J., Soloviov, V., Espenberg, K., Mierina, I. (2019), “Social convergence of the Baltic states within the enlarged EU: Is limited social dialogue an impediment?”, in Daniel Vaughan-Whitehead (Ed.), Towards Convergence in Europe. Institutions, Labour and Industrial Relations, Cheltenham, UK: Edvard Elgar Publishing, pp. 35-77. https://www.e-elgar.com/shop/towards-convergence-in-europe.
MA in Economics (University of Tartu, 2018)
Research interests: cultural differences and their impact on innovation and entrepreneurship
Teaching: Microeconomics, game theory, introduction to mathematical economics
Selected publications: Masso, J., Soloviov, V., Espenberg, K., Mierina, I. (2019), “Social convergence of the Baltic states within the enlarged EU: Is limited social dialogue an impediment?”, in Daniel Vaughan-Whitehead (Ed.), Towards Convergence in Europe. Institutions, Labour and Industrial Relations, Cheltenham, UK: Edvard Elgar Publishing, pp. 35-77. https://www.e-elgar.com/shop/towards-convergence-in-europe.
Luca Alfieri
Junior Research Fellow
MA in Macroeconomics and European Policies (University of Strasbourg, 2011)
MA in Economics (University of Parma, 2009)
Teaching: Macroeconomics
Selected publications:
Alfieri, L. (2020) “Heterogeneity of Financial Institutions in the Process of Economic and Monetary Integration in East Asia”. The World Economy, forthcoming.
MA in Macroeconomics and European Policies (University of Strasbourg, 2011)
MA in Economics (University of Parma, 2009)
Teaching: Macroeconomics
Selected publications:
Alfieri, L. (2020) “Heterogeneity of Financial Institutions in the Process of Economic and Monetary Integration in East Asia”. The World Economy, forthcoming.
Mini-courses by professors from abroad
Every year there are ca 1-2 mini-courses given by professors from abroad. The list of past ones includes the following.
- Spring 2015: Julia Korosteleva (University College London), „Introduction to multilevel modelling“
- Spring 2015: Roger Bivand (Norwegian School of Economics NHH), „Spatial econometrics“
- Spring 2016: Terzyan Harut (Yerevan State University), „Time Series Econometrics“
- Fall 2016: Zsuzsa Munkacsi (Bank of Lithuania), „DSGE modelling for policy analysis, including OLG models“
- Spring 2017: Hakan Eratalay (European University at Saint Petersburg), “Financial Econometrics”
- Spring 2017: Hakan Eratalay (European University at Saint Petersburg), “Introduction to Matlab”
- Spring 2017: Julien Xavier Daubanes (University of Copenhagen), “Natural resources economics”
- Spring 2019: Matti Sarvimäki (Aalto University), “History of Economic Growth and Crises”.
- Spring 2019: Marco van der Leij (University of Amsterdam), “Networks in Economics and Finance”
- Spring 2022: Maryna Tverdostup (University of Tartu,The Vienna Institute for International Economic Studies (wiiw)), “Behavioural and experimental economics”
