Oļegs Tkačevs

Principal Research Economist of the Research Division, Monetary Policy Department

In 2005, Oļegs Tkačevs got a Master's Degree in Economics from the University of Latvia and a Diploma in European Studies from the University of Southern Denmark, Odense. In 2010, presenting his Doctoral Thesis "The Impact of Fiscal Policy on the Economy", Oļegs Tkačevs got a PhD in Economics from the University of Latvia. He has deepened his knowledge in economic analysis and econometric modelling at various courses, inter alia, seminars organised by the Bank of England and the Swiss National Bank.

Oļegs Tkačevs started his career at Latvijas Banka in 2004 as an economist, later – chief economist, of the Macroeconomic Analysis Division, Monetary Policy Department. He has also acquired international work experience: in 2012 and 2013, Oļegs Tkačevs as an NCB expert worked at the Directorate General Economics of the European Central Bank.

Oļegs Tkačevs' responsibilities include doing research in the areas of the external sector, competitiveness and fiscal policy and forecasting macroeconomic indicators. He has almost ten years' experience in researching fiscal policy issues. In 2007–2012, Oļegs Tkačevs participated in the Working Group on Public Finance of the Monetary Policy Committee of the European System of Central Banks, while in 2009–2012, he represented the Bank of Latvia in meetings with international lenders on fiscal policy issues.

Oļegs Tkačevs is the author of many research publications; as of 2007, he has been delivering a course of lectures "Public Finances" (initially at the University of Latvia, at present – at the Stockholm School of Economics in Riga) and supervising Bachelor's Papers.

 

By this author

    • Working Papers

      31.
      Oļegs Matvejevs, Oļegs Tkačevs, Antonio Afonso, Jose Alves. Fiscal Sustainability and the Role of Inflation, ifo Working Paper Series, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, accepted for publication in 2023.
      30.
      Oļegs Matvejevs, Oļegs Tkačevs, Antonio Afonso, Jose Alves. Fiscal Sustainability and the Role of Inflation, Working Papers, Latvijas Banka, accepted for publication in 2023.
      29.
      Oļegs Tkačevs, Karsten Staehr, Katri Urke. Fiscal Performance under Inflation and Inflation Surprises: Evidence from Fiscal Reaction Functions for the Euro Area, Working Papers, Latvijas Banka, accepted for publication in 2023.
      28.
      Oļegs Tkačevs, Karsten Staehr, Katri Urke. Fiscal Performance under Inflation and Inflation Surprises: Evidence from Fiscal Reaction Functions for the Euro Area, Bank of Estonia Working Papers, Bank of Estonia, accepted for publication in 2023.
      27.
      Konstantins Benkovskis, Olegs Tkacevs, Kārlis Vilerts. Did Job Retention Schemes Save Jobs during the Covid-19 Pandemic? Firm-level Evidence from Latvia, Working Papers, Latvijas Banka, accepted for publication in 2023.
      26.
      Ginters Bušs, Patrick Gruning, Oļegs Tkačevs. Choosing the European Fiscal Rule, Dynare Working Papers, CEPREMAP, accepted for publication in 2022.
      25.
      Konstantīns Beņkovskis, Oļegs Tkačevs, Naomitsu Yashiro, Peter Jarrett, Ze'ev Krill. The Survival of Latvian Products and Firms in Export Markets, OECD Economics Department Working Papers, OECD Publishing, accepted for publication in 2022.
      24.
      Konstantīns Beņkovskis, Oļegs Tkačevs, Naomitsu Yashiro, Peter Jarrett, Ze'ev Krill. The Survival of Latvian Products and Firms in Export Markets, Working Papers, Latvijas Banka, accepted for publication in 2022.
      23.
      Oļegs Tkačevs, Oļegs Matvejevs. Public investment crowds in private investment with ifs and buts, Working Papers, Latvijas Banka, accepted for publication in 2022.
      22.
      Ginters Bušs, Patrick Gruning, Oļegs Tkačevs. Choosing the European Fiscal Rule, Working Papers, Latvijas Banka, accepted for publication in 2021.
      21.
      Oļegs Tkačevs, Ludmila Fadejeva. Are Tax-Favoured Savings Plans Effective in Raising Private Savings?, Discussion Papers, Latvijas Banka, accepted for publication in 2021.
      20.
      Konstantins Benkovskis, Olegs Tkacevs, Kārlis Vilerts. Interest Rate Spreads in the Baltics and the Rest of the Euro Area: Understanding the Factors behind the Differences, Discussion Papers, Latvijas Banka, accepted for publication in 2021.
      19.
      Oļegs Tkačevs. Secular Decline in Public Investment: are National Fiscal Rules to Blame?, Working Papers, Latvijas Banka, accepted for publication in 2020.
      18.
      Konstantins Benkovskis, Olegs Tkacevs. Getting Old Is No Picnic? Sector-Specific Relationship Between Workers Age and Firm Productivity, Discussion Papers, Latvijas Banka, accepted for publication in 2019.
      17.
      Konstantīns Beņkovskis, Jaan Masso, Oļegs Tkačevs, Priit Vahter, Naomitsu Yashiro. Export and Productivity in Global Value Chains: Comparative Evidence from Latvia and Estonia, Working Papers, Latvijas Banka, accepted for publication in 2018.
      16.
      Oļegs Tkačevs, Kārlis Vilerts, Wolf Heinrich Reuter. On the Design of Stabilising Fiscal Rules, Working Papers, Latvijas Banka, accepted for publication in 2018.
      15.
      Konstantīns Beņkovskis, Oļegs Tkačevs, Naomitsu Yashiro. Do EU Funds Boost Productivity and Employment: Firm Level Analysis for Latvia, OECD Economics Department Working Papers, OECD Publishing, accepted for publication in 2018.
      14.
      Konstantīns Beņkovskis, Oļegs Tkačevs, Naomitsu Yashiro. Importance of EU Regional Support Programmes for Firm Performance, Working Papers, Latvijas Banka, accepted for publication in 2018.
      13.
      Konstantīns Beņkovskis, Jaan Masso, Oļegs Tkačevs, Priit Vahter, Naomitsu Yashiro. Export and Productivity in Global Value Chains: Comparative Evidence from Latvia and Estonia, OECD Economics Department Working Papers, OECD Publishing, accepted for publication in 2017.
      12.
      Elena Bobeica, Oļegs Tkačevs, Styliani Christodoulopoulou. The role of price and cost competitiveness for intra- and extra-euro area trade of euro area countries, Working Papers, Latvijas Banka, accepted for publication in 2016.
      11.
      Elena Bobeica, Oļegs Tkačevs, Styliani Christodoulopoulou. The role of price and cost competitiveness for intra- and extra-euro area trade of euro area countries, Working Paper Series, European Central Bank, accepted for publication in 2016.
      10.
      Kārlis Vilerts, Oļegs Tkačevs. The Impact of Sovereign Bond Yields on Fiscal Discipline, Working Papers, Latvijas Banka, accepted for publication in 2016.
      9.
      Andrejs Bessonovs, Oļegs Tkačevs. Relationship Between Inflation and Economic Activity and Its Variation Over Time in Latvia, Working Papers, Latvijas Banka, accepted for publication in 2016.
      8.
      Konstantīns Beņkovskis, Eduards Goluzins, Oļegs Tkačevs. CGE model with fiscal sector for Latvia, Working Papers, Latvijas Banka, accepted for publication in 2016.
      7.
      Konstantīns Beņkovskis, Oļegs Tkačevs. Everything You Always Wanted to Know about Latvia's Service Exporters (but were Afraid to Ask), Working Papers, Latvijas Banka, accepted for publication in 2015.
      6.
      Giovanni Aiello, Konstantins Benkovskis, Benjamin Bluhm, Elena Bobeica, Christian Buelens, Flavia Cavallini, Styliani Christodoulopoulou, Maarten De Clercq, Claire Giordano, Andreas Joseph, Pavlos Karadeloglou, Alexandru Leonte, Kirsten Lommatzsch, Paloma Lopez-Garcia, Georgi Momchilov, Chiara Osbat, Lucia Orszaghova, Francesco Pappadà, Elvira Prades Illanes, Maria Silgoner, Olegs Tkacevs, Robert Vermeulen, Julia Wörz, Francesco Zollino. Compendium on the diagnostic toolkit for competitiveness , Occasional Paper Series, European Central Bank, accepted for publication in 2015.
      5.
      Styliani Christodoulopoupou, Oļegs Tkačevs. Measuring the Effectiveness of Cost and Price Competitiveness in External Rebalancing of Euro Area Countries: What Do Alternative HCIs Tell Us?, Working Papers, Latvijas Banka, accepted for publication in 2014.
      4.
      Styliani Christodoulopoupou, Oļegs Tkačevs. Measuring the Effectiveness of Cost and Price Competitiveness in External Rebalancing of Euro Area Countries: What Do Alternative HCIs Tell Us?, Working Paper Series, European Central Bank, accepted for publication in 2014.
      3.
      Viktors Ajevskis, Ramune Rimgailaite, Uldis Rutkaste, Oļegs Tkačevs. The Assesment of Equilibrium Real Echange Rate of Latvia, Working Papers, Latvijas Banka, accepted for publication in 2012.
      2.
      Christophe Schalck, Claudia Rodrigues Braz, Francisco de Castro, Jana Kremer, Maria Rosaria Marino, Oļegs Tkačevs, Richard Morris, Steven Jonk, Suzanne Linehan. Explaining Government Revenue Windfalls and Shortfalls. An Analysis for Selected EU Countries , Working Paper Series, European Central Bank, accepted for publication in 2009.
      1.
      Dainis Stikuts, Oļegs Tkačevs, Sigita Grundīze. Cyclically Adjusted Balance of Latvia's General Government Consolidated Budget , Working Papers, Latvijas Banka, accepted for publication in 2005.
    • Articles

      8.
      Oļegs Matvejevs, Oļegs Tkačevs. Invest one – get two extra: Public investment crowds in private investment, European Journal of Political Economy, Elsevier, accepted for publication in 2023.
      7.
      Ludmila Fadejeva, Oļegs Tkačevs. The effectiveness of tax incentives to encourage private savings, Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, accepted for publication in 2022.
      6.
      Wolf Heinrich Reuter, Oļegs Tkačevs, Kārlis Vilerts. Fiscal rules and volatility: the role of stabilising properties and compliance, Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, accepted for publication in 2021.
      5.
      Konstantīns Beņkovskis, Jaan Masso, Oļegs Tkačevs, Priit Vahter, Naomitsu Yashiro. Export and Productivity in Global Value Chains: Comparative Evidence from Latvia and Estonia, Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), accepted for publication in 2020.
      4.
      Kārlis Vilerts, Oļegs Tkačevs. The Impact of Sovereign Bond Yields on Fiscal Discipline, Kyklos, Wiley Blackwell, accepted for publication in 2019.
      3.
      Konstantīns Beņkovskis, Oļegs Tkačevs, Naomitsu Yashiro. Importance of EU Regional Support Programmes for Firm Performance, Economic Policy, CEPR;CES;MSH (also covers Economic Policy, CEPR;CES;MSH ), accepted for publication in 2019.
      2.
      Styliani Christodoulopoulou, Oļegs Tkačevs. Measuring the Effectiveness of Cost and Price Competitiveness in External Rebalancing of Euro Area Countries: What Do Alternative HCIs Tell Us?, Empirica, Springer, accepted for publication in 2015.
      1.
      Viktors Ajevskis, Ramune Rimgailaite, Uldis Rutkaste, Oļegs Tkačevs. The Assessment of Equilibrium Real Exchange Rate of Latvia, Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, accepted for publication in 2014.
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