Lehmus, Markku

Lehmus, Markku

Head of forecasting

PhD (Econ.)

044 549 8455

ETLA

Macroeconomics, macro models, forecasting, taxation, fiscal policy, international economics

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One of the authors in the following publications
Briefs Publications

Efficient Innovation Policy Increases High-productivity R&D Work

Einiö EliasKoski HeliKuusi TeroLehmus Markku
Our work applies the model developed by Acemoglu et al. (2018), henceforth, AAABK, for assessing the growth and welfare
Other publications Publications

Innovation, Reallocation, and Growth in the 21st Century

Einiö EliasKoski HeliKuusi TeroLehmus Markku
Innovation, Reallocation, and Growth in the 21st Century
Our work applies the model developed by Acemoglu et al. (2018), henceforth, AAABK, for assessing the growth and welfare
Briefs Publications

Phenomena 2022 – A Glimpse into the Future

Sulander Tytti (ed.)Kangasharju AkiKauhanen AnttiKoski HeliKulvik MarttiKuusela Olli-PekkaKuusi TeroLehmus MarkkuPuonti PäiviRopponen OlliValkonen Tarmo
The third corona year 2022 will not start very brightly as the Omicron variant of COVID-19 continues to spread.
Other publications Publications

Value Chains, International Trade and the Vulnerability of Economy

Ali-Yrkkö JyrkiKaitila VilleKuusi TeroLehmus MarkkuPajarinen MikaSeppälä Timo
In Finland, economic fluctuations have been greater than in Sweden, Denmark and in the majority of other developed countries.
Briefs Publications

Post-Covid Recovery Scenarios for the Travel Industry

Kaitila VilleLehmus Markku
We assess the recovery of the Finnish travel industry from the covid19 pandemic in 2021–2023. The subject of the
Publications Working Papers 84

It’s in the News: Developing a Real Time Index for Economic Uncertainty Based on Finnish News Titles

Avela AleksiLehmus Markku
It’s in the News: Developing a Real Time Index for Economic Uncertainty Based on Finnish News Titles
Uncertainty may affect economic behavior of individuals and firms in a wide variety of ways, with typically negative consequences
Other publications Publications

Carbon Border Adjustment Mechanisms and Their Economic Impact on Finland and the EU

Kuusi TeroBjörklund MartinKaitila VilleKokko KaiLehmus MarkkuMehling MichaelOikarinen TuuliPohjola JohannaSoimakallio SampoWang Maria
Carbon Border Adjustment Mechanisms and Their Economic Impact on Finland and the EU
In this report, we address an EU carbon border adjustment mechanism (CBAM) and its economic implications. While a CBAM
Other publications Publications

Sharpening EU Sanctions Policy for a Geopolitical Era

Helwig NiklasJokela JuhaPortela Clara (Eds.)Aula IlariBerg-Andersson BirgittaLehmus MarkkuPesu MattiSinkkonen Ville
The European Union (EU) increasingly uses sanctions in order to respond to breaches of international norms and adverse security
Columns Latest

Finland’s GDP likely to shrink by almost 10 percent this year

Lehmus Markku
Finland’s GDP likely to shrink by almost 10 percent this year
On March 17th we estimated that Finland's GDP will shrink by 1–5 per cent this year because of the
Briefs Publications

Weak Economic Conditions and the Objective of the Government Programme

Anttonen JetroLehmus MarkkuVihriälä Vesa
The key economic objectives of the current Finnish government are valid only in normal international economic conditions. However, weaker
Other publications Publications

The Economic Impact of EU Free Trade Agreements on Finland and the EU

Nilsson Hakkala KatariinaKaitila VilleKuusi TeroLehmus MarkkuWang Maria
The Economic Impact of EU Free Trade Agreements on Finland and the EU
Economic policies of the European Union (EU) are based on promoting open and predictable international trade. EU Free Trade
Publications Reports 92

Working Time, Employment and Competitiveness

Kauhanen AnttiLehmus Markku
Working Time, Employment and Competitiveness
This report studies working time and competitiveness. The first part of the report compares working time in Finland to

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