Macroeconomy, international economy, cycles

The effects of international trade and economic integration on individuals and firms

During the last two decades the costs of importing have decreased due to falling transport costs, improvements in information and communication technologies and liberalized foreign direct investment (FDI) regimes. In many industrialized countries, losses of manufacturing jobs, increasing wage inequality and parallel increases in imports of goods from low-wage countries have raised antitrade sentiments. At […]


Etla currently has two projects that use big data in economic forecasting. ETLAnow unemployment predicts the unemployment rate in every EU country using real-time data from Google Trends database and latest official data from Eurostat. The forecasts for three months ahead are automatically updated every morning. The forecasts are also available on Twitter. ETLAnow is […]

Development Prospects of Finnish-Chinese Economic Relations

We construct an up-to-date study of the Chinese economy, its international role, and especially Finnish-Chinese Economic Relations. ETLA’s research team has previously done several studies on, e.g., Finland’s EU and EMU membership, Finnish-Russian Economic Relations, and Finnish-American Economic Relations. ETLA has also done research on China in the past, and the country’s economic development is […]

Building a new macroeconomic forecasting model for ETLA

The aim is to build a new macroeconomic forecasting model that will replace the existing one. ETLA is using several models in its research and forecasting activity. These include the NiGEM model for the world economy, the macroeconomic model for the Finnish economy and the input-output model. The aim of the project is to build […]