11.07.2018 Briefs Publications Forecasting activity at Etla in 1971–2018 Kotilainen Markku The Research Institute of the Finnish Economy (Etla) started its business cycle forecasting activity in 1971. Forecasts have thus
25.06.2018 Briefs Publications Regional economic disparities in Finland Fornaro Paolo In this note, I study the Finnish regional dispersion of economic indicators such as the GDP per capita, labour
12.6.2018 Latest Working Papers Nowcasting Finnish Turnover Indexes Using Firm-Level Data We adopt a series of shrinkage and factor analytic methodologies to compute nowcasts of the main Finnish turnover indexes,
05.06.2018 Briefs Publications The role of individuals, firms and the society in lifelong learning Kauhanen Antti Labor market restructuring has sparked discussion on lifelong learning. One important question deals with the proper distribution of responsibility
24.05.2018 Other publications Publications Efforts of Finnvera, FinPro, and Tekes in Promoting Internationally Oriented SMEs: Impact Study Halme KimmoKotiranta AnnuPajarinen MikaPiirainen KalleRouvinen PetriSalminen VesaYlhäinen Ilkka In this impact study, the purpose was to produce a combined forward looking (ex ante) evaluation analysis of how
25.05.2018 Briefs Publications Do personal data related innovation boost firm value? Koski Heli Personal data is increasingly used in business value creation. Data from the years 2007–2014 suggest that firms’ personal
25.05.2018 Publications Working Papers Investor attention and technology salience: Does personal data related innovation boost firm value? Koski HeliLuukkonen Juha This paper empirically analyzes how markets value personal data related innovation in four prominent domains, in which firms’ potential
23.05.2018 Books Publications Startups in the Economy Hurri PaavoKotiranta AnnuMaliranta MikaNurmi SatuPajarinen MikaRouvinen PetriSadeoja Samuli This book provides answers to three questions: (1.) How does our understanding of entrepreneurship change with the new information
09.05.2018 Briefs Publications Lightweight suggestion from the Commission to reform the financing of the EU budget Valkonen Tarmo EU budget is currently financed almost fully by Own Resources, which are based on customs, Gross National Income, and
12.04.2018 Briefs Publications Market discipline and liquidity key issues in the EMU reform Vihriälä Vesa The EMU institutions need to be reformed. There is, however, a deep disagreement about the right way to proceed.
05.04.2018 Academic Publications Publications Business owners, employees, and firm performance Maliranta MikaNurmi Satu The novel Finnish Longitudinal OWNer-Employer-Employee (FLOWN) database was used to analyze how the characteristics of owners and employees relate
03.04.2018 Other publications Publications Common or own goals: Reforming the financing of the European Union Kari SeppoMäättänen NikuRopponen OlliTamminen SaaraValkonen Tarmo This study evaluates the Monti report and the suggested new own resources from the point of the view of
27.03.2018 Other publications Publications Startups, accelerators and role of Tekes Halme K.Salminen V.Wiikeri J.Rouvinen PetriKotiranta AnnuPajarinen MikaBerge B.Walker A.Miller C.Borella P.Autio E. This evaluation provided an assessment of the role of Tekes activities in the Finnish startup-ecosystem as well as provide
26.03.2018 Other publications Publications Higher education admissions and the policy of shortening transition and study times Ahola SakariAsplund RitaVanhala Pekka This study analyses the objectives set for the reforms of the Finnish higher education admissions system. The first part,
09.03.2018 Publications Reports Economic Dynamics and Changes in Values and Attitudes among Finnish Regions: A Descriptive Analysis Fornaro Paolo Finland is characterized by a substantial heterogeneity across its regions. Key economic indicators, such as the GDP per capita
05.03.2018 Other publications Publications How Do Intelligent Goods Shape Closed-Loop Systems? Rajala RistoHakanen EskoMattila JuriSeppälä TimoWesterlund Mika Disruptive technologies can increase the intelligence of goods and revitalize business models in the circular economy. Applying an industrial
05.03.2018 Publications Working Papers Ctrip: China’s Online Travel Platform – Local Giant or Global Competitor? Shao TianyiKenney Martin In a large number of sectors, Chinese internet platform firms have grown to enormous size leveraging a rapidly growing,
26.02.2018 Publications Reports The Application of Artificial Intelligence at Chinese Digital Platform Giants: Baidu, Alibaba and Tencent Jia KaiKenney MartinMattila JuriSeppälä Timo Abstract The Chinese digital platform giants – Baidu, Alibaba and Tencent – have quickly risen to be amongst the
21.02.2018 Publications Working Papers Aggregate risks, intergenerational risk-sharing and fiscal sustainability in the Finnish earnings-related pension system Lassila Jukka We study how aggregate demographic and economic risks affect the finances of the Finnish earnings-related pension system and the
16.02.2018 Academic Publications Publications Borrowing constraints and housing market liquidity Eerola EssiMäättänen Niku We study how changes in household borrowing constraints influence housing market liquidity. To this end, we develop a housing
14.02.2018 Publications Working Papers The Effects of an Education-Leave Program on Educational Attainment and Labor-Market Outcomes Kauhanen Antti I study the effect of an education leave subsidy for the employed on labor-market outcomes and educational attainment using
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
01.02.2018 Briefs Publications Parental income and application decisions in post-secondary education Laukkonen Marja-Lisa In 2018, the higher education institutions should no longer use entrance examinations that require extensive preparation and, instead, evaluate
01.02.2018 Publications Working Papers Parental Job Loss and Application Decisions in Finnish Post-Secondary Education Laukkonen Marja-Lisa In Finland, there are no tuition or application fees for post-secondary education. However, the application and admission processes by
