Selected Publications

2021

Economics 

Barauskaite, K., Nguyen A. (2021) “Direct and network effects of idiosyncratic TFP shocks”, Empirical Economics, 60, 2765-2793, https://doi.org/10.1007/s00181-020-02009-9

Bikas, E., Glinskytė, E. (2021) “Financial Factors Determining the Investment Behavior of Lithuanian Business Companies”, Economies, 9(2), 45, https://doi.org/10.3390/economies9020045

Broberg, T., Kazukauskas, A. (2021) “Information policies and biased cost perceptions - The case of Swedish residential energy consumption”, Energy Policy, 149, 112095, https://doi.org/10.1016/j.enpol.2020.112095

Chen, J., Fengming, C., Baležentis, T.,  Štreimikienė, D.,  Jin, H. (2021) “What drives international tourism development in the Belt and Road Initiative? ”, Journal of Destination Marketing & Management , 19, 100544, https://doi.org/10.1016/j.jdmm.2020.100544

Constantinescu, M., Nguyen, A. (2021) “A century of gaps: Untangling business cycles from secular trends”, Economic Modelling, 100, 105505, https://doi.org/10.1016/j.econmod.2021.105505

Cremer, H., Klimaviciute, J., Pestieau, P. (2021) “A political economy of loose means-testing in targeted social programs”, Economics Letters, 202, 109810, https://doi.org/10.1016/j.econlet.2021.109810

Černiauskas, N., Jousten, A. (2021) “Statutory, effective, and optimal net tax schedules in Lithuania”, IZA Journal of Labor Policy, 11, 5, https://doi.org/10.2478/izajolp-2021-0005

Dzemydaitė, G. (2021) “The impact of economic specialization on regional economic development in the European Union: insights for formation of smart specialization strategy”, Economies, 9(2), 76, https://doi.org/10.3390/economies9020076

Guobužaitė, R., Teresienė, D. (2021) “Can economic factors improve momentum trading strategies? The case of managed futures during the COVID-19 pandemic”, Economies, 9(2), 86, https://doi.org/10.3390/economies9020086

Hu, X., Jaraitė, J., Kažukauskas, A. (2021) “The effects of wind power on electricity markets: A case study of the Swedish intraday market”, Energy Economics, 96, 105159, https://doi.org/10.1016/j.eneco.2021.105159 

Jurkšas, L., Teresienė, D., Kanapickienė, R. (2021) “Liquidity spill-overs in sovereign bond market: an intra-day study of trade shocks in calm and stressful market conditions”, Economies, 9, 35, https://doi.org/10.3390/economies9010035

Jurkšas, L., Teresienė, D., Kanapickienė, R. (2021) “Liquidity risk: intraday liquidity and price spillovers in euro area sovereign bond markets”, Risk Governance & Control: Financial Markets & Institutions, 11(2), 18-31, https://doi.org/10.22495/rgcv11i2p2

Kalmi, P., Trotta, G., Kažukauskas, A. (2021) “Energy-related financial literacy and electricity consumption: Survey-based evidence from Finland”,  Journal of Consumer Affairs, 55(3), 1062-1089, https://doi.org/10.1111/joca.12395

Kanapickienė, R., Keliuotytė-Staniulėnienė, G., Teresienė, D. (2021) “Disclosure of non-current tangible assets information in private sector entities financial statements: the case of Lithuania”, Economies, 9(2), 78,  https://doi.org/10.3390/economies9020078

Kažukauskas, A., Broberg, T., Jaraitė, J. (2021) “Social Comparisons in Real Time: A Field Experiment of Residential Electricity and Water Use”, The Scandinavian Journal of Economics, 123(2), 558-592, https://doi.org/10.1111/sjoe.12422

Latysheva, O., Rovenska, V., Smyrnova, I., Nitsenko, V., Balezentis, T., Streimikiene, D. (2021) “Management of the sustainable development of machine-building enterprises: a sustainable development space approach”, Journal of Enterprise Information Management, 34(1), 328-342, https://doi.org/10.1108/JEIM-12-2019-0419

Laurinavičius, Alfredas, Laurinavičius, Antanas, Laurinavičius, Algimantas (2021) “Impact of housing affordability and other socioeconomic variables on internal migration in Lithuania”, International Journal of Strategic Property Management, 25(2), 102-114, https://doi.org/10.3846/ijspm.2020.13604

Levulytė L., Šapkauskienė A. (2021) “Cryptocurrency in Context of Fiat Money Functions”, Quarterly Review of Economics and Finance, 82, 44-54, https://doi.org/10.1016/j.qref.2021.07.003

Li, W., Liu, E., Baležentis, T., Jin, H., Štreimikienė, D. (2021) “Association between socioeconomic welfare and depression among older adults: evidence from the China health and retirement longitudinal study”, Social Science & Medicine, 275, 113814, https://doi.org/10.1016/j.socscimed.2021.113814

Nguyen A., Onnis, L., Rossi, R. (2021) “The Macroeconomic Effects of Income and Consumption Tax Changes”, American Economic Journal: Economic Policy,  13(2), 439-466, https://www.aeaweb.org/articles?id=10.1257/pol.20170241&&from=f

Sun, L., Wang, K., Baležentis, T., Štreimikienė, D., Zhang, C. (2021) “Extreme point bias compensation: A similarity method of functional clustering and its application to the stock market”, Expert Systems with Applications, 164, 113949, https://doi.org/10.1016/j.eswa.2020.113949

Šapkauskienė, A., Pakėnaitė, S. (2021) “An investigation of factors determining the token value in the blockchain-based early funding mechanism”, Economic and Business Review, 23(1), 55-67, https://doi.org/10.15458/2335-4216.1005

Zhang, C., Weihua, S., Zeng, S., Baležentis, T., Herrera-Viedma, E. (2021) “A Two-stage subgroup Decision-making method for processing Large-scale information”, Expert Systems With Applications, 171, 114586, https://doi.org/10.1016/j.eswa.2021.114586

Management

Dikcius, V., Urbonavicius, S., Adomaviciute, K., Degutis, M., Zimaitis, I. (2021) “Learning Marketing Online: The Role of Social Interactions and Gamification Rewards”, Journal of Marketing Education, 43(2), 159-173, https://doi.org/10.1177/0273475320968252

Morkunas, M. (2021) “Can Good Intentions Bring Negative Consequences? The Perceived Positive and the Side Effects of the Law on Alcohol Control”, Man and the Economy, 8(1), 47-78, https://doi.org/10.1515/me-2021-0002

Stankevičienė, A., Tamaševičius, V., Diskienė, D., Grakauskas, Ž., Rudinskaja, L. (2021) “The mediating effect of work-life balance on the relationship between work culture and employee well-being”, Journal of Business Economics and Management, 22(4), 988-1007, https://doi.org/10.3846/jbem.2021.14729

Urbonavičius, S. (2021) “Chernobyl: Analysis of Young Travellers' Motivations to Visit a Unique Dark Tourism Destination”, Tourism: An International Interdisciplinary Journal, 69(1), 127-139, https://doi.org/10.37741/t.69.1.9

Urbonavicius, S., Degutis, M., Zimaitis, I., Kaduskeviciute, V., Skare, V. (2021) “From social networking to willingness to disclose personal data when shopping online: Modelling in the context of social exchange theory”, Journal of Business Research, 136, 76-85, https://doi.org/10.1016/j.jbusres.2021.07.031

2020

Economics

Baležentis, T. (2020) “Shrinking ageing population and other drivers of energy consumption and CO2 emission in the residential sector: A case from Eastern Europe”, Energy Policy, 140, 111433, https://doi.org/10.1016/j.enpol.2020.111433

Crespo Cuaresma, J., Huber, F., Onorante, L. (2020) “Fragility and the effect of international uncertainty shocks”, Journal of International Money and Finance, 108, 102151, https://doi.org/10.1016/j.jimonfin.2020.102151

Černiauskas, N., Čiginas, A. (2020) “Measurement and decomposition of Lithuania's income inequality”, Baltic Journal of Economics, 20(2), 139-169, https://doi.org/10.1080/1406099X.2020.1780693

Dolado, J.J., Garcίa-Peñalosa, C., Tarasonis, L. (2020) “The Changing Nature of Gender Selection into Employment over the Great Recession”, Economic Policy, 35(104), 635-677, https://doi.org/10.1093/epolic/eiaa025

Fidrmuc, J., Danišková, K. (2020) “Meta-Analysis of the New Keynesian Phillips Curve in Developed and Emerging Economies”, Emerging Markets Finance and Trade, 56(1), 10-31, https://doi.org/10.1080/1540496X.2019.1590700

Fidrmuc, J., Lind, R. (2020) “Macroeconomic impact of Basel III: Evidence from a meta-analysis”, Journal of Banking & Finance, 112, 105359, https://doi.org/10.1016/j.jbankfin.2018.05.017

Grigaliuniene, Z., Celov, D., Hartwell, Ch. A. (2020) "The More the Merrier? The Reaction of Euro Area Stock Markets to New Members", Journal of International Financial Markets, Institutions and Money, 66, 101195, https://doi.org/10.1016/j.intfin.2020.101195

Klimaviciute, J., Pestieau, P., Schoenmaeckers, J. (2020) “Long-term care insurance with family altruism: theory and empirics”, Journal of Risk and Insurance, 87(4), 895-918, https://doi.org/10.1111/jori.12284

Klimaviciute, J. (2020) “Long-term care and myopic couples”, International Tax and Public Finance, 27(1), 77-102, https://doi.org/10.1007/s10797-019-09552-x

Klimaviciute, J., Pestieau, P. (2020) “Insurance with a deductible: a way out of the long term care insurance puzzle”, Journal of Economics, 130, 297-307, https://doi.org/10.1007/s00712-020-00700-0

Lastauskas, P., Stakėnas, J. (2020) “Labor market reforms and the monetary policy environment”, European Economic Review, 128, 103509, https://doi.org/10.1016/j.euroecorev.2020.103509

Lastauskas, P., Stakėnas, J. (2020) "Labour market institutions in open economy: Sectoral reallocations, aggregate adjustments, and spillovers", Review of International Economics, 28(3), 814-845, https://doi.org/10.1111/roie.12472

Rudminas, L., Baležentis, T. (2020) “(Non-)Convex production metafrontier for the Baltic states”, Economics and Sociology, 13(2), 228-244, https://www.economics-sociology.eu/?753,en_(non-)convex-production-metafrontier-for-the-baltic-states

Su, W., Ye, Y., Zhang, C., Baležentis, T., Štreimikienė, D. (2020) “Sustainable energy development in the major power-generating countries of the European Union: The Pinch Analysis”, Journal of Cleaner Production, 256, 120696, https://doi.org/10.1016/j.jclepro.2020.120696

Weber, M. (2020) “Choosing the rules: Preferences over voting systems for assemblies of representatives”, Journal of Economic Behavior & Organization, 174, 420-434, https://doi.org/10.1016/j.jebo.2017.01.016

Management

Dikčius, V., Urbonavičius, S., Pakalniškienė, V., Pikturnienė, I. (2020) “Children’s influence on parental purchase decisions: Scale development and validation”, International Journal of Market Research, 62(4), 449-467, https://doi.org/10.1177/1470785319872377

2019

Economics

Broberg, T., Egüez, A., Kažukauskas, A. (2019) “Effects of energy performance certificates on investment: A quasi-natural experiment approach”, Energy Economics, 84, 104480, https://doi.org/10.1016/j.eneco.2019.104480

Cuaresma, J.C., Doppelhofer, G., Feldkircher, M., Huber, F. (2019) “Spillovers from US monetary policy: evidence from a time varying parameter global vector auto-regressive model”, Journal of the Royal Statistical Society: Series A (Statistics in Society), 182, Part 3, 831–861, https://doi.org/10.1111/rssa.12439

Dridi, J., Nguyen, D.M. Anh (2019) “Assessing Inflation Convergence in the East African Community”, Journal of International Development, 31, 119–136, https://doi.org/10.1002/jid.3396

Hommes, C., Massaro, D., Weber, M. (2019) “Monetary policy under behavioral expectations: Theory and experiment”, European Economic Review, 118, 193-212, https://doi.org/10.1016/j.euroecorev.2019.05.009

Kanapickienė, R., Keliuotytė-Staniulėnienė, G. (2019) “Disclosure of Non-Current Tangible Assets Information in Local Government Financial Statements: The Case of Lithuania”, Economies, 7, 116, https://doi.org/10.3390/economies7040116

Kapounek, S., Kučerová, Z. (2019) “Historical decoupling in the EU: Evidence from time-frequency analysis”, International Review of Economics and Finance, 60, 265-280, https://doi.org/10.1016/j.iref.2018.10.018

Karmelavicius, J., Ramanauskas, T. (2019) “Bank credit and money creation in a DSGE model of a small open economy”, Baltic Journal of Economics, 19(2), 296-333, https://doi.org/10.1080/1406099X.2019.1640958

Klimaviciute J. (2019) “Long‐term care and intrafamily moral hazard: Optimal public policy”, Journal of Public Economic Theory, 21(6), 1037-1055, https://doi.org/10.1111/jpet.12338

Klimaviciute, J., Pestieau, P., Schoenmaeckers, J. (2019) “Family altruism and long-term care insurance”, The Geneva Papers on Risk and Insurance - Issues and Practice, 44, 216–230, https://doi.org/10.1057/s41288-018-00117-3 

Klimaviciute, J., Pestieau, P., Onder, H. (2019) “The inherited inequality: How demographic aging and pension reforms can change the intergenerational transmission of wealth”, German Economic Review, 20(4), e872–e891, https://doi.org/10.1111/geer.12193

Miao, Z., Baležentis, T., Tian, Z., Shao, S., Geng, Y., Wu, R. (2019) “Environmental Performance and Regulation Effect of China’s Atmospheric Pollutant Emissions: Evidence from “Three Regions and Ten Urban Agglomerations””, Environmental and Resource Economics, 74, 211–242, https://doi.org/10.1007/s10640-018-00315-6

Management

Dikčius, V., Pikturnienė, I., Pakalniškienė, V., Reardon, J., Šeimienė, E. (2019) “Adolescents’ engagement in parental purchase decisions for durable goods: Scale development and validation”, Journal of Customer Behaviour, 18(1), 35-60, https://doi.org/10.1362/147539219X15633616548506

Giriuniene, G., Giriunas, L., Morkunas, M., Brucaite, L. (2019) “A Comparison on Leading Methodologies for Bankruptcy Prediction: The Case of the Construction Sector in Lithuania”, Economies, 7, 82, https://doi.org/10.3390/economies7030082

Urbonavicius, S., Adomaviciute, K., Urbutyte, I., Cherian, J. (2019) “Donation to charity and purchase of cause‐related products: The influence of existential guilt and experience”, Journal of Consumer Behavior, 18, 89–96, https://doi.org/10.1002/cb.1749

Urbonavicius, S., Dikcius, V., Adomaviciute, K., Urbonavicius, I. (2019) “Movie piracy: how novelty-seeking relates to illegal downloading”, EuroMed Journal of Business, 14(1), 21-30, https://doi.org/10.1108/EMJB-03-2018-0016

Urbonavicius, S., Sezer, A. (2019) “Accommodation providers’ motives in sharing economy: comparison between Turkey and Lithuania”, International Journal of Culture, Tourism and Hospitality Research, 13(4), 393-409, https://doi.org/10.1108/IJCTHR-07-2018-0096

2018

Economics

Grüning, P. (2018): "Heterogeneity in the internationalization of R&D: Implications for anomalies in finance and macroeconomics", Finance Research Letters, Vol. 26, September 2018, pp. 132-138, https://doi.org/10.1016/j.frl.2017.12.014

Lastauskas, P., Constantinescu M. (2018), "Knotty Interplay Between Credit and Housing", The Quarterly Review of Economics and Finance. Volume 70, November 2018, Pages 241-266, https://doi.org/10.1016/j.qref.2018.05.013

Lastauskas, P., Stakenas, J. (2018). "Structural labour market reforms in the EU-15: Single-country vs. coordinated counterfactuals". Structural Change and Economic Dynamics, 44, 88-99, https://doi.org/10.1016/j.strueco.2017.11.001

Lastauskas, P., Stakenas, J. (2018), "Openness and structural labor market reforms: ex ante counterfactuals". Contemporary Economic Policy, 36: 723-757, https://doi.org/10.1111/coep.12280

Nguyen A. , Pavlidis E., Peel D. (2018), "Modeling changes in US monetary policy with a time-varying nonlinear Taylor rule", Studies in Nonlinear Dynamics and Econometrics. Volume 22, Issue 5, 20170092, ISSN (Online) 1558-3708, https://doi.org/10.1515/snde-2017-0092

Nguyen A., Constantinescu M. (2018), "Unemployment or Credit: Which One Holds the Potential? Results for a Small-Open Economy with a Low Degree of Financialization", Economic Systems. Volume 42, Issue 4, Pages 649-664, https://doi.org/10.1016/j.ecosys.2018.08.003

Weber, M. , Duffy, J. and Schram, A. (2018), “An Experimental Study of Bond Market Pricing“, The Journal of Finance, 73: 1857-1892, https://doi.org/10.1111/jofi.12695

Weber, M. (2018), “The effects of listing authors in alphabetical order: A review of the empirical evidence“, Research Evaluation, Volume 27, Issue 3, 1 July 2018, Pages 238–245, https://doi.org/10.1093/reseval/rvy008

Management

Kasperavičiūtė-Černiauskienė, R., Serafinas, D. (2018) "The adoption of ISO 9001 standard within higher education institutions in Lithuania: innovation diffusion approach", Total Quality Management & Business Excellence, 29(1-2), 74-93, https://doi.org/10.1080/14783363.2016.1164012

Liu, Y. Y., Tseng, F. M., & Tseng, Y. H. (2018). "Big Data analytics for forecasting tourism destination arrivals with the applied Vector Autoregression model". Technological Forecasting and Social Change, 130, 123-134, https://doi.org/10.1016/j.techfore.2018.01.018

Skyrius, R., Nemitko, S., Taločka, G. (2018) "The emerging role of business intelligence culture", Information research, vol. 23, no 4, paper 806, http://InformationR.net/ir/23-4/paper806.html

2017

Economics

Araujo, J., Lastauskas, P., Papageorgiou, C. (2017) “Evolution of Bilateral Capital Flows to Developing Countries at Intensive and Extensive Margins”, Journal of Money, Credit and Banking, 49(7), 1517-1554, https://doi.org/10.1111/jmcb.12423

Bartkus, A. (2017) “The minimum wage and the Lithuanian labour market”, Economics of transition, 25(1), 47-75, https://doi.org/10.1111/ecot.12111

Borowczyk-Martins, D., Bradley, J., Tarasonis, L. (2017), “Racial discrimination in the U.S. labor market: Employment and wage differentials by skill”, Labour Economics, 49, 106-127, https://doi.org/10.1016/j.labeco.2017.09.007

Grüning, P. (2017), “International endogenous growth, macro anomalies, and asset prices”, Journal of Economic Dynamics and Control, 78, 118-148, https://doi.org/10.1016/j.jedc.2017.03.007

Weber, M., Schram, A. (2017), “The Non‐equivalence of Labour Market Taxes: A Real‐effort Experiment”, The Economic Journal, 127(604), 2187-2215, https://doi.org/10.1111/ecoj.12365

Management

Gineikiene, J., Kiudyte, J., Degutis, M. (2017) “Functional, organic or conventional? Food choices of health conscious and skeptical consumers”, Baltic Journal of Management, 12(2), 139-152, https://doi.org/10.1108/BJM-01-2016-0016

2016

Economics

Donadelli, M., Grüning, P. (2016), “Labor market dynamics, endogenous growth, and asset prices”, Economics Letters, 143, 32-37, https://doi.org/10.1016/j.econlet.2016.03.020