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

Assistant Professor in Applied Macroeconomic Analysis, Queen Mary University of London    

Bye-Fellow in Economics, Homerton College, University of Cambridge

Principal Investigator of the Baltic Research Programme Grant (Global2Micro)

Associate Editor at Open Economies Review                                  


(March 2023)

Queen Mary University of London

Department of Business Analytics and Applied Economics

Room FB4.25I, Francis Bancroft Building, Mile End Campus

London, UK

P.Lastauskas [at]

P.Lastauskas [at]

News Spotlight

NEW positions

From the end of October 2022, I started a new position as Assistant Professor in Applied Macroeconomic Analysis at QMUL

On 13 March 2023, I was sworn in as a Bye-Fellow in Economics at Homerton College, University of Cambridge

NEW publication

Global Impacts of US Monetary Policy Uncertainty Shocks (ECB version), featured in LSE Business Review, LSE USCentre, Centralbanking. Accepted @ Journal of International Economics

NEW paper

What Explains Excess Trade Persistence?, featured in VoXEU, LSE's Research for the World, IMF Research Perspectives

NEW paper and VoxEU entry

How Do Firms Adjust When Trade Stops?, Bank of Lithuania and CGR working paper, featured in VoxEU/CEPR How Firms Adjust to Economic Sanctions R&R @ Journal of Economic Behavior and Organization

I am an academic economist interested in economic policy, particularly international trade, policy uncertainty, 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 permanent directorship of the Bank of Lithuania’s premier academic and research unit, known as the Research Centre, CEFER. The activities and the vision of the Centre when I was in charge of it are summarized in CEFER Insights: Vol. 1, Vol. 2, Vol3. In October 2022, I joined the Queen Mary University of London as Assistant Professor in Applied Macroeconomic Analysis.

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.  I was the founding Board member of the Baltic Economic Association and served as President in 2021/2022. Moreover, I have initiated and acted as a founding head until 2022 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 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 was 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 International Economics, 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, MNEs and global business, WTO, international finance, and global economy.  

© 2023 Povilas Lastauskas