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For Students

Latvijas Banka (the Bank of Latvia) has announced its annual Student Scientific Research Paper Competition. The aim of the competition is to promote identification and analysis of macroeconomic challenges in Latvia and the eurozone by involving talented young economists.


The competition is being held for the 19th time. Participation is open to citizens and non-citizens from Latvia, Lithuania and Estonia, as well as to international students who are registered as students at an accredited higher education institution in the Baltic States and have enrolled in a bachelor's or master's study programme, as well as to students from the Baltic States studying abroad at the time of the competition.

Students are welcome to submit papers on current topics concerning the Baltic- and eurozone economies (see examples of topics and a list of previous years’ award-winning papers).

The period for submission is from 17 May to 31 May 2021. A special committee of economists set up by Latvijas Banka will evaluate the submissions. The best will be published on the website and their authors will receive prizes: the winner of the Excellence Award will receive 2000 euros, 1st place will receive 1500 euros, two 2nd place winners will receive 1250 euros each and three 3rd place winners will receive 1000 euros each.

23 scientific research papers were submitted in the 2019/2020 academic year. In total, 40 students form seven higher education institutions in Latvia and abroad participated in the competition. No first prize was awarded, but two papers shared second place – “You Get What You Pay For! Evidence on How Research Unbundling Under MiFID II Impacts the Quality of Stock Analyst Forecasts” (authors: Sorina-Sofia Solonaru and Iuliana Tornea, Stockholm School of Economics in Riga) and “Returns to Skills in Latvia: What Can We Learn from Job Adverts?” (authors: Krišjānis Oskerko and Toms Henšelis, Stockholm School of Economics in Riga).

Competition regulations, papers by previous winners and other resources are available at, in the section “For students”. Furthermore, economists Oļegs Krasnopjorovs and Kārlis Vilerts of Latvijas Banka have described the competition procedure and given tips for writing a great paper, see their blogs available at: