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Special Theme: Uncertainty of Forecasts

Anttonen JetroLehmus Markku
Uncertainty of Forecasts and Estimation of Uncertainty In the case of economic forecasts, we often talk about, for example,
Columns Latest

Italy threatens to drive the EU into a new crisis

Etla
The Italian government is on a collision course with both the European Union and market forces. The government's strongman
Other publications Publications

Private Equity in Finland

Pajarinen MikaRouvinen PetriYlhäinen Ilkka
Too few long-term investments, those reaching far into the future, have been made into Finland. When such investments are
Academic Publications Publications

Servitization in contract manufacturing – Evidence from Polar Business Cases

Viitamo EsaLuoto SeppoSeppälä Timo
This paper contributes to the scholarly debate on the origins and nature of industrial servitization. By resorting to contract
Academic Publications Publications

Promotion Signaling, Gender, and Turnover: New Theory and Evidence

Cassidy HughDeVaro JedKauhanen Antti
Journal of Economic Behavior & Organization, Vol. 126, Part A, June 2016, pp. 140-166.
Academic Publications Publications

An “Opposing Responses” Test of Classic Versus Market-Based Promotion Tournaments

DeVaro JedKauhanen Antti
Journal of Labor Economics, Vol. 34, No. 3, 2016, pp. 747-779.
News and press releases

Nobel prize in economic sciences to Oliver Hart and Bengt Holmström

The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory
Other publications Publications

Growth factors and bottlenecks for business start-ups

Lahtinen HenriPekkala HenrikHalme KimmoSalminen VesaHärmälä ValtteriWiikeri JuliaLamminkoski HelkaLähde KristiinaMikkelä KariRouvinen PetriKotiranta AnnuPajarinen MikaDalziel MargaretBarge BrianMeade ConorZhaoXiao
New and growing businesses (here referred to as "business start-ups") play a central role in economic renewal. The primary
Latest News and press releases

Finnish GDP will grow slightly faster than anticipated in the spring

Finland's GDP will grow by 1.1-1.2 per cent in 2016-2018; the focus of demand will gradually shift from the
Books Publications

Financial Technology for Industrial Renewal

Adriaens PeterTahvanainen Antti-Jussi
As the effects of digital change, demographic forces, political momentum and ecological concerns are rewriting the rules of global
Latest News and press releases

ETLA Predicts the Unemployment Rate with Google Searches in Europe

ETLA, The Research Institute of the Finnish Economy, together with 28 leading European research institutions, has constructed a tool
Publications Reports 53

The Role of the Largest Companies and Their Value Chains in the Economy

Ali-Yrkkö JyrkiSeppälä TimoMattila Juri
This report analyzes the role of the largest companies in the Finnish economy. According to the results, the ten
Euro growth indicator Latest

Euro Growth Indicator does not confirm a strengthening in Euro Area Growth

The Euro Growth Indicator calculated by the EEUROFRAME group in May 2016 suggests a continuation of moderate GDP growth
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Moderate pace of growth in the euro area

Growth in the euro area is maintaining a steady but moderate rate of growth in the first half of
Euro growth indicator

Moderate pace of growth in the euro area

Growth in the euro area is maintaining a steady but moderate rate of growth in the first half of
Latest News and press releases

GDP will grow by almost one per cent this year – in 2017 and 2018 the growth will gain momentum

Although general economic uncertainty has increased, the baseline scenario for the international economy is guardedly positive: economic growth in
Euro growth indicator

A weaker growth momentum in the euro area

According to the EUROGROWTH Indicator, calculated by the EUROFRAME group in March 2016, growth in the euro area should
Columns

Financial Innovation to Drive Growth? Invest in the Stocks and Flows of the Real Economy

Etla
At the end of May, portfolio managers of European pension funds convened in London to discuss investment strategies in
Academic Publications Publications

GDP Growth in Russia: Different Capital Stock Series and the Terms of Trade

Kaitila Ville
Abstract There are different academic assessments of the principal forces behind Russia’s GDP growth. Studies that reconstruct capital stocks
Euro growth indicator Latest

Growth continues rather strong despite instability in the financial markets

Euro area growth is expected to be rather strong in the 2015-2016 winter quarters in according to the Euro
News and press releases

Euro area growth to accelerate to 1.8 per cent

The EUROFRAME Group of 10 European research institutes expects real GDP in the euro area to rise by 1.8
Publications Reports 48

Innovator Mobility in Finland and Denmark

Bagger JesperMaliranta MikaMäättänen NikuPajarinen Mika
Workers have different abilities in research, development and innovation (R&D&I) activities. Firms have different “prospects for innovation”. Innovation is
Euro growth indicator Latest

Increased risks do not substantially reduce the outlook for growth in the euro area

According to the EUROGROWTH indicator calculated by the EUROFRAME group in January 2016, euro area GDP growth will be
Briefs Publications

Digital Trust, Platforms, and Policy

Mattila JuriSeppälä Timo
In the Europe 2020 strategy, the European Commission has defined trust and security as one of the seven key

ETLA Economic Research

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