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Puonti, Päivi
Ph.D. (Economics)
ETLA
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One of the authors in the following publications
16.12.2025
Briefs
170
Fiscal Consolidation in Finland: Lessons from International Research and Preconditions for Success
Tervala Juha
Puonti Päivi
Finland’s public finances are chronically in deficit, and the debt-to-GDP ratio continues to rise. The current government has
already
16.12.2025
Reports
171
Fiscal Multipliers and the Effects of Consolidation Measures in Finland: Literature Review
Tervala Juha
Puonti Päivi
The chronic fiscal deficits of Finland and the continuous increase of the public debt-to-GDP ratio are likely to
require
04.08.2025
Briefs
161
Efficiency or National Interest: The Economic Dilemma of EU Defense
Puonti Päivi
The EU’s defence industry is fragmented and inefficient, which hampers the rapid strengthening of military capabilities. For member
states,
12.12.2023
Working Papers
110
Effective Fiscal Policy in an Aging Economy: Evidence from a BVAR Analysis
Puonti Päivi
As people age, their consumption and saving behavior tends to change. At the same time, the share of
age-related
05.04.2023
Other publications
General Government Fiscal Frameworks and Their Development Needs in Finland
Kuusi Tero
Kuusela Olli-Pekka
Puonti Päivi
Ropponen Olli
Valkonen Tarmo
Vihriälä Vesa
This report assesses the Finnish fiscal framework, especially from the perspective of the role and development of the
spending
16.01.2023
Other publications
EU’s Fiscal Framework – Identified Shortcomings and Proposed Remedies
Puonti Päivi
Fiscal rules seek to limit the tendency of governments to run deficits, to steer them towards countercyclical and
sustainable
16.08.2022
Reports
130
Public Debt and Economic Growth from the Perspective of Private Investment
Puonti Päivi
Corporate investment is crucial for productivity growth. When economic growth is sluggish and productivity growth weak, the government
is
09.08.2022
Briefs
112
There Are Ways to Improve Work Incentives Without Increasing Income Inequality
Puonti Päivi
Kangasharju Aki
The Finnish unemployment system is inefficient. The earnings-related unemployment allowance unnecessarily lengthens the duration of unemployment spells. Longer
unemployment
04.04.2022
Reports
127
Public Debt and Economic Growth
Puonti Päivi
Economics literature suggests that, even in the absence of fiscal costs, a persistently high and increasing public debt
ratio
10.02.2022
Publications
Reports
124
Welfare Traps in Finland
Puonti Päivi
Kauppi Eija
Kotamäki Mauri
Ropponen Olli
We analyze the impact of the Finnish tax-benefit system on the financial incentives to take up a job
and
28.12.2021
Briefs
Publications
Phenomena 2022 – A Glimpse into the Future
Sulander Tytti
(ed.)
Kangasharju Aki
Kauhanen Antti
Koski Heli
Kulvik Martti
Kuusela Olli-Pekka
Kuusi Tero
Lehmus Markku
Puonti Päivi
Ropponen Olli
Valkonen Tarmo
The third corona year 2022 will not start very brightly as the Omicron variant of COVID-19 continues to
spread.
10.12.2021
Publications
Reports
120
Keep It Simple, Not Stupid – How to Save the EU Fiscal Framework?
Kuusi Tero
Puonti Päivi
In this paper, we describe key problems of the current EU’s fiscal framework and offer constructive options for
its
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