Lehmus, Markku Head of forecasting Dr.Soc.Sc. (Economics) markku.lehmus@etla.fi +358 445498455 Macroeconomics, macro models, forecasting, taxation, fiscal policy, international economics Download CV Download HiRes Image
16.12.2019 Other publications Publications The Economic Impact of EU Free Trade Agreements on Finland and the EU Nilsson Hakkala KatariinaKaitila VilleKuusi TeroLehmus MarkkuWang Maria Economic policies of the European Union (EU) are based on promoting open and predictable international trade. EU Free Trade
12.08.2019 Publications Reports 92 Working Time, Employment and Competitiveness Kauhanen AnttiLehmus Markku This report studies working time and competitiveness. The first part of the report compares working time in Finland to
12.4.2019 Columns Latest 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,
06.02.2019 Briefs Publications 2013 – The Finnish Divergence Anttonen JetroKuusi TeroLehmus MarkkuOrjasniemi Seppo In this paper, we use the synthetic control method to analyze the Finnish economic performance after the onset of
28.01.2019 Other publications Publications The Finnish Potential Output: Measurement and Medium-term Prospects Jysmä SamiKiema IlkkaKuusi TeroLehmus Markku In this report, we discuss the measurement of the potential output of the Finnish economy and the potential’s medium-term
12.11.2018 Publications Reports 87 Finland’s Growth Performance – The Lost Decade and the Prospects in the Near Term Kaitila VilleKauhanen AnttiKuusi TeroLehmus MarkkuMaliranta MikaVihriälä Vesa In the report we analyse the reasons for the weakness of Finland’s economic performance over the past decade and
07.02.2018 Briefs Publications Etla’s Forecast Errors in 2014–2017 Berg-Andersson BirgittaKaitila VilleKaseva HannuKotilainen MarkkuLehmus Markku In forecasts for years 2014–2015 the Finnish GDP growth was overestimated, and in forecasts for years 2016–2017 it was
02.10.2017 Publications Working Papers 54 ETLA Macro Model for Forecasting and Policy Simulations Lehmus Markku This paper presents a review of a quarterly macroeconomic model built for forecasting and policy simulation purposes at the
24.08.2017 Books Publications Riding the Wave: Finland in the Changing Tides of Globalisation Ali-Yrkkö JyrkiLehmus MarkkuRouvinen PetriVihriälä Vesa The book recounts Finnish economic history during the different phases of globalisation as defined and analysed by Richard Baldwin
23.08.2016 Briefs Publications Brexit and the Finnish Economy Lehmus MarkkuSuni Paavo Leaving the EU reduces the UK output significantly relative to the baseline in all three trade scenarios (EEA, FTA
12.05.2016 Briefs Publications The Role of Wage Adjustment in Alleviating the Economic Crisis in Finland Lehmus MarkkuVihriälä Vesa The paper analyses the impacts of two types of counter-factual real wage cuts on the key demand components, output
