Join us for a special event dedicated to the release of the e-book "Children in Times of War: Resilient Life-Stories / Resilience Biographies / Resilience Memories." This narrative transcends conventional storytelling boundaries; it offers an immersive experience, delving deep into human resilience.

Written by Ukrainian academics, who also serve as distinguished journalists and advocates for children's rights, this book presents a compelling collection of personal accounts, interviews, and reflections, shedding light on the realities faced by Ukrainian children in war-torn regions.

 

We are happy to invite you to the research seminar by the Center for Economic Expertise. On March 7th Junghum Park will present the topic „Feedback Effects, Market Valuations, and Real Efficiency” in 417 room and MS Teams.

Brief overview of the seminar

This paper studies the interdependence of myopic corporate behavior and the so-called feedback effect, where financial prices contain useful information for corporate decision making. We model the feedback effect in a mostly standard trading environment, except that the existence of equilibrium and its tractable analysis are ensured by Pareto distribution of productivity. The analysis shows that the feedback effect causes a price inflation and the resulting long-term inefficiency, which can be understood in the context of innovation strategies. This illustrates a challenge in extending the argument on the informational role of financial markets to the long-term productive efficiency.

 

Attention, students! 
Are you ready to start your career journey at EY? In the last week of February, the EY Lithuania team will visit Vilnius University. Don't miss the opportunity to get to know the company, win exciting prizes and discover your career direction. 

February 28, 11:30 a.m. 
Vilnius University, Faculty of Economics and Business Administration 
"The Party Bus and EY Lithuania team will be waiting for you at the entrance of the Faculty.