Longevity Risk and Taxation of Public Pensions

We study transitions from EET tax regime to TEE regime in a defined-benefit pension scheme with a numerical overlapping generations model, using stochastic mortality projections as inputs. In a traditional pension scheme with no automatic longevity rules, such as a link between life expectancy and pensions or retirement age, the tax regime shift can be […]

Balance sheets misalignments: Effects and policy implications for the EU economies

The EUROFRAME group of research institutes (CASE, CPB, DIW, ESRI, ETLA, IfW, NIESR, OFCE, PROMETEIA, WIFO) will hold its thirteenth annual Conference on Economic Policy Issues in the European Union in Utrecht on Friday 10 June 2016. The aim of the conference is to provide an economic forum for debate on economic policy issues relevant […]

Publication of ETLA’s spring forecast

More information later.

Lehmus, Markku

The Finnish Mittelstand – Can growth be found from this group of companies?

Finland has a German-like, although clearly thinner, group of Mittelstand companies.It is composed of 51 industrial companies globally employing 250–499 people. Two-thirds of these companies are family-owned, and half of them have been established over fifty years ago. The challenges posed by sales, marketing and distribution are typical barriers to growth particularly for these companies. […]

Four countries – four stories: how macroeconomic outcomes vary

Baltic Rim Economies 2015:4, p. 18-19

Longevity Risk and Taxation of Public Pensions

We study transitions from EET tax regime to TEE regime in a defined-benefit pension scheme with a numerical overlapping generations model, using stochastic mortality projections as inputs. In a traditional pension scheme with no automatic longevity rules, such as a link between life expectancy and pensions or retirement age, the tax regime shift can be […]

Balance sheets misalignments: Effects and policy implications for the EU economies

The EUROFRAME group of research institutes (CASE, CPB, DIW, ESRI, ETLA, IfW, NIESR, OFCE, PROMETEIA, WIFO) will hold its thirteenth annual Conference on Economic Policy Issues in the European Union in Utrecht on Friday 10 June 2016. The aim of the conference is to provide an economic forum for debate on economic policy issues relevant […]

Publication of ETLA’s spring forecast

More information later.

Lehmus, Markku

The Finnish Mittelstand – Can growth be found from this group of companies?

Finland has a German-like, although clearly thinner, group of Mittelstand companies.It is composed of 51 industrial companies globally employing 250–499 people. Two-thirds of these companies are family-owned, and half of them have been established over fifty years ago. The challenges posed by sales, marketing and distribution are typical barriers to growth particularly for these companies. […]

Four countries – four stories: how macroeconomic outcomes vary

Baltic Rim Economies 2015:4, p. 18-19