L. Tarasonis has published an article in the journal "Labor Economics"

Tarasonis Linas EFST

EF scientific researcher Linas Tarasonis with co-authors Daniel Borowczyk-Martins (Copenhagen Business School) and Jake Bradley (University of Cambridge) have published an article in the journal Labour Economics entitled “Racial Discrimination in the U.S. Labor Market: Employment and Wage Differentials by Skill”.


In the U.S. the average black worker has a lower employment rate and earns a lower wage compared to his white counterpart. Lang and Lehmann (2012) argue that black-white wage and employment gaps are smaller for high-skill workers. We show that a model combining employer taste-based discrimination, search frictions and skill complementarities can replicate these regularities, and estimate it using data from the U.S. manufacturing sector. We find that discrimination is quantitatively important to understand differences in wages and job finding rates across workers with low education levels, whereas skill differences are the main driver of those differences among workers with high education levels.


"The article is special, because it reveals how standard macroeconomic theory can be applied to microeconomic problems. Most of the topic of literary discourse is empirical, in which the theoretical aspects of the problem are not thoroughly considered. Our article evaluates the theory of discrimination very seriously and shows the possibilities of the theoretical model to explain the essential empirical facts of racial discrimination in the US labor market, i.e. lower salaries and lower employment opportunities for black workers. Although the article deals with racial discrimination issues in the US, the theoretical model can be used to investigate discrimination against any other social group (women, elderly workers, sexual minorities, etc.)," said dr. Linas Tarasonis.

Do not miss a chance for a international exchange possibility!

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No not forget to apply for Erasmus + exchange for Spring semester until 24th of September!

Fill the application here.

Check more information about Erasmus+ mobility for students here

Information session with ACCA

This Wednesday you can get all information about opportunities for MSc students to get for FREE ACCA (Association of Chartered Certified Accountants) internationally recognized qualification (information is also useful for bachelors who consider which masters studies to choose).


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Bachelor students have received their diplomas

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First time 1 study cycle international students from Management and Business Administration study programme (Marketing and Global Business concentration)  have received their Bachelor degree diplomas. It was a historical moment for the Faculty of Economics yesterday. Congratulations to all graduates!

Prishtina International Summer University (PISU) application has been opened!

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It is a great pleasure to inform you that the University of Prishtina "Hasan Prishtina" has opened the application for the XVII edition of the Prishtina International Summer University (PISU).

PISU will be held on the campus of University of Prishtina from the date July 3 to July 14, 2017.

Prishtina International Summer University2017 will bring together local & international professors and lecturers for a two weeks program and will provide 11 credited courses covering a wide range of study fields.

In this year’s Programme approximately 300 participants will be accepted, out of which 150 from Kosovo and 150 participants from abroad. A list of courses is available in our web-site.

The International Summer University courses will be taught only in English.

Date/Venue: 3- 14 July 2017, Prishtina, Kosovo

The new Deadline:  May 10, 2017

Fee: 100€ (including courses, accommodation and meals)

Apply online

For more information about the courses and information guide, please visit the official webpage:

PhD student I. Radavičienė has participated in 3 min dissertation presentation contest

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The dissertation can be written 3 years defend for 3 hours, and is it possible to tell about it in 3 minutes?

The challenge for Vilnius University doctoral students have proven that it is possible. Faculty of Economics Department of Marketing PhD Indrė Radavičienė also participated in this three-minute dissertation delivery competition for the first time organized by the University of Vilnius. PhD student has presented for society and the scientific community her thesis "Emotional factors influence the perception of price fairness" issues and relevance.

"Three minutes thesis" contest was launched in 2008, University of Queensland in Australia. The event, in which doctoral students present their research understandable and briefly, rapidly gained popularity and is now going on around the world.

Master graduates received their diplomas!

16299283 1433797853337829 3862969379639854308 nCongratulations for all Faculty of Economics master graduates, who succsesfully finished their studies!

Photos from the ceremony  can be found here.