| Field of study | Sub-fields | Ongoing research in 2012 |
| Monetary policy | Monetary policy transmission mechanism Inflation |
The impact of the ECB's monetary policy on the euro area The impact of the ECB's monetary policy on Estonia's economy and the estimation of the transmission mechanism The impact of the real interest rate on Estonia's economy Estonia's equilibrium inflation |
| Financial sector | Macroprudential supervision The financial behaviour of companies and households |
Indicators describing the lending cycles Participation in the research projects of the
Household Finance and Consumption Network |
| Economic growth and business cycle | Economic growth |
Monthly index of economic growth The impact of foreign direct investment on the volatility of employment in the receiving country |
| Development of models | Macro models
Banking sector models |
Improvements to the macro model of Estonia's economy (EMMA) The dynamic stochastic general equilibrium model of Estonia and the euro area The credit risk and profitability model of the banking sector |