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Povilas Lastauskas, PhD (Trinity College & Faculty of Economics, University of Cambridge)

Director of Research Centre CEFER

Senior Research Fellow at VU

Head of Studies Committee and Admission Committee of BSc Quantitative Economics

President of Baltic Economic Association

Editor at Baltic Journal of Economics

Editor of Bank of Lithuania Working, Discussion and Occasional Paper Series


(January 2022)

Centre for Excellence in Finance and Economic Research (CEFER),

Bank of Lithuania,

4 Totoriu,

LT - 01121 Vilnius, Lithuania

PLastauskas [at]

P.Lastauskas [at]

I am an academic economist interested in economic policy, particularly trade, structural reforms, and the economic effects of (de)globalization. I was educated at postgraduate level (MPhil and Ph.D.) at Trinity College, Faculty of Economics, University of Cambridge, I shortly after that held bye- and full fellowships at a few Cambridge colleges, also acted as a Director of Studies in Economics. In 2016 I returned to Lithuania, and in 2017 I was elected into the directorship of the Bank of Lithuania’s premier academic and research unit, known as the Research Centre, CEFER. The Centre hires on the international job market, cooperates with the two largest public universities (VU and KTU), as well as CEPR, CEBRA, NBP, Baltic economic association, and organizes a large variety of seminars, workshops, conferences, and invited lecture series. Our activities and the vision are summarized in CEFER Insights: Vol. 1, Vol. 2.

I am also a member of the initiative group to bring Baltic and Lithuanian academic economists from all over the world as well as strengthen the links between them and their homelands. Moreover, I have initiated the first rigorous, modern, English-taught Bachelor’s program in Quantitative Economics in Lithuania, which combines economics, data science, econometrics, quantitative finance, and uses open-source teaching materials. I have recently served on the ECB’s monetary policy review workstream, focusing on the impact of (de)globalization on monetary policy transmission and the OECD's expert work on the evidence-based policymaking strengthening in Lithuania. Previously, I served on a Task Force of the Monetary Policy Committee of the European System of Central Banks on structural reforms, participated in a steering group on pension reforms at the Bank of Lithuania, and the OECD's review team on Lithuania's independent fiscal institution.

On the research front, I am a principal investigator and project leader of the Baltic Research Programme grant on "Micro-level responses to socio-economic challenges in the face of global uncertainties" (Eur 0.8M), funded from the financial mechanism of the European Economic Area EFTA states (Iceland, Liechtenstein and Norway). I am also a principal investigator of the inter-governmental grant titled Goods and labor market reforms and economic activity within the EU (Eur 0.2M), and the main investigator of the European Social Fund grant titled Reassessment of the OCA theory in the persistently heterogeneous EU, informally known as Euro4Europe (Eur 0.6M); see final conference details. My research was featured in major media outlets and blogs (e.g., VoxEU, LSE Business Review,, El Pais, LSE's Research for the World, IMF Research Perspectives) and published in the internationally leading academic journals such as the Journal of Money, Credit, and Banking and European Economic Review, among others. My teaching portfolio includes mathematics, statistics, econometrics (with a special emphasis on panel data settings, causal inference, and policy evaluation), international trade, WTO, international finance, and global economy.

© 2022 Povilas Lastauskas