The first prize was awarded to Vadym Ilchuk, the Stockholm School of Economics in Riga, for the scientific research paper "Financing Constraints and Productivity Growth in Central and Eastern Europe: Firm-level Evidence". 

Two second prizes were awarded to the following students: Reinis Buneris, the Lund University School of Economics and Management, for the scientific research paper "Financial Determinants of Carbon Dioxide Emissions"; Ēriks Kasparenoks and Dana Supe, the Stockholm School of Economics in Riga, for the scientific research paper "A Subtle Invitation to Bargain: Online Vacancy Data-based Inquiry into the Wage Setting Policies of Latvian Employers". 

Three third prizes were awarded to the following students: Diāna Heislere and Lauris Zalva, the Stockholm School of Economics in Riga, for the scientific research paper "Mayor's Gender and Resource Allocation: Evidence from Latvia"; Aleksejs Mališevs, the Riga Technical University, for the scientific research paper "What do the Interest Rate Term Structure Models Tell Us about the Outlook: in the Context of Different European Union Countries" and Kristijonas Kirlys, the Vilnius University, for the scientific research paper "Uncertainty in the Euro Area and its Macroeconomic Effects". 

Andris Vilks, Member of the Council of Latvijas Banka, during the teleconference extended a warm welcome to the participants of the event. The authors of the papers winning awards received money prizes.

30 papers were submitted to the competition this year – seven more than it was before. Moreover, the quality of the submitted papers and that of the award winners in particular is as high as has been observed over the most recent years. The authors are 42 students (some papers have two authors) from 11 higher educational institutions of Latvia and foreign countries (the Stockholm School of Economics in Riga, the Riga Graduate School of Law, the BA School of Business and Finance, the University of Latvia, the Riga Technical University, the "RISEBA" University of Business, Arts and Technology, the Ventspils University, the Tallinn University of Technology, the University of Tartu, the Vilnius University and the Lund University).

/ Information and photo provided by Latvijas Banka