I am a PhD candidate in economics at VU University Amsterdam and Tinbergen Institute, advised by Dr. Björn Brügemann. Prior to coming to the Netherlands, I studied economics in Lithuania — Vilnius University, to be exact — which is where I am from originally.

My primary research interests lie in financial intermediation, macro-finance and applied theory. In current work, I analyze how liquidity creation by banks interacts with financial stability, and what policy makers can do to stem the risk of financial crises. I am also interested in whether alternative financial intermediaries, such as closed-end mutual funds, can create liquidity without adverse effects on financial stability.

Contact me at s...@vu.nl; I would love to hear from you.


  • New version of "Liquidity Creation and Financial Stability in the Presence of Hidden Trades" (July, 2016)
  • New version of "Aggregate Risk and Efficiency of Mutual Funds" (July, 2016)
  • Publication of "When are banks better than markets? Comment on Zimper (2013)" (June, 2016)