Publications

Publications Working Papers 91

Heterogeneity in Labor Market Returns to Adult Education

Kauhanen AnttiVirtanen Hanna
Heterogeneity in Labor Market Returns to Adult Education
We study the earnings and employment effects of enrollment in formal adult education in Finland using a combination of
Other publications Publications

Managing Firm Resources at the Digital Technology Frontier – The Case of Finland’s Artificial Intelligence Accelerator

Mucha TomaszSeppälä Timo
Constantly evolving and advancing digital technologies force firms to manage their resources actively. This process is fraught with uncertainties,
Publications Reports 120

Keep It Simple, Not Stupid – How to Save the EU Fiscal Framework?

Kuusi TeroPuonti Päivi
Keep It Simple, Not Stupid – How to Save the EU Fiscal Framework?
In this paper, we describe key problems of the current EU’s fiscal framework and offer constructive options for its
Other publications Publications

Labor Productivity and Reallocation in Finland in 2000–2018

Fornaro PaoloKuosmanen NataliaKuosmanen TimoMaczulskij Terhi
Labor Productivity and Reallocation in Finland in 2000–2018
Labor productivity of the Finnish economy has stuck close to the level of year 2007 for over a decade.
Briefs Publications

The Little Engines That Could – Game Industry Platforms and the New Drivers of Digitalization

Mattila JuriSeppälä TimoSalakka Kaisa
The Little Engines That Could – Game Industry Platforms and the New Drivers of Digitalization
In a recent trend in digitalization, many platform incumbents have steered their focus towards creating collectively shared persistent virtual
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.
Publications Reports 119

Competition, Ageing and Lack of Investment

Kangasharju AkiAli-Yrkkö JyrkiKoski HeliKuusi Tero
This report discusses factors that have caused a decrease in tangible investments in machinery and equipment, and intangible assets
Books Publications

Blockchain Systems as Multi-sided Platforms

Mattila Juri
Blockchain Systems as Multi-sided Platforms
Ever since its discovery, blockchain technology has been heralded as a disruptive innovation for the digital economy. Today, more
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
Academic Publications Publications

How Many Online Workers Are There in the World? A Data-driven Assessment

Kässi OttoLehdonvirta ViliStephany Fabian
An unknown number of people around the world are earning income by working through online labour platforms such as
Publications Working Papers 90

Interest Limitation Rules and Business Cycles: Empirical Evidence

Ropponen Olli
Interest Limitation Rules and Business Cycles: Empirical Evidence
This paper studies the performance of interest limitation rules during business cycles. It employs register data on Finnish affiliates
Publications Reports 118

EU’s Fiscal Rules: Keep It Simple, Not Stupid!

Kuusi TeroPuonti Päivi
In this paper, we describe key problems of the current EU’s fiscal framework and offer constructive alternatives to reforming
Publications Reports 117

The Role of Competition in Finland’s Weak Development of R&D Investments in the 2010s

Koski Heli
The report’s main objective is to assess the role that competition has played in the weak development of R&D
Academic Publications Publications

Online Labour Index 2020: New Ways to Measure the World’s Remote Freelancing Market

Stephany FabianKässi OttoRani UmaLehdonvirta Vili
The Online Labour Index (OLI) was launched in 2016 to measure the global utilisation of online freelance work at
Briefs Publications

Scenarios for the Development of CO2 Emissions from Households’ Own Transportation

Kaitila Ville
We assess the development of greenhouse gas emissions from households’ own transport, mainly motoring, up until 2050. The share
Academic Publications Publications

From Cradle to Grave? On Optimal Nuclear Waste Disposal

Lappi PauliLintunen Jussi
This paper analyses socially optimal nuclear plant operation and nuclear waste management. Two waiting rules are derived: the first
Briefs Publications

The Prerequisites for Increasing the R&D Activity of Companies in Finland

Ali-Yrkkö JyrkiHalme KimmoDeschryvere MatthiasLehenkari JannePiirainen KalleSuominen Arho
This study focuses on factors affecting companies’ research and development (R&D), Finland as a location for R&D activities, and
Publications Reports 116

The Role of the Event Industry in the Finnish Economy

Ali-Yrkkö JyrkiPajarinen Mika
In this study, we analyse the size and role of the Finnish event industry by utilising both industry- and
Academic Publications Publications

Structural Change Decomposition of Productivity Without Share Weights

Kuosmanen TimoKuosmanen Natalia
Structural change is important driver of productivity. Existing decompositions of structural change rely heavily on the share weights of
Publications Reports 115

BITs with a Bite? EU Home Investment Effects of EU-China Bilateral Investment Treaties

Kuusi TeroAli-Yrkkö Jyrki
BITs with a Bite? EU Home Investment Effects of EU-China Bilateral Investment Treaties
In this paper, we study the impacts of bilateral investment treaties (BITs) between the EU countries and China on
Publications Working Papers 89

Dark Half: Decentralized Bargaining and Well-being at Work

Maczulskij TerhiHaapanen MikaKauhanen AnttiRiukula Krista
Dark Half: Decentralized Bargaining and Well-being at Work
Using information on collective agreements and administrative data on mental ill-health, sickness absence, and job separations, we study the
Academic Publications Publications

On Physical and Social-cost-based CO2 Equivalents for Transient Albedo-induced Forcing

Lintunen JussiRautiainen Aapo
Analyzing land-based climate mitigation measures requires the joint examination of the effects of multiple forcing agents. Non-CO2 forcing agents
Other publications Publications

Report on an Indicator for Effective Density

Blomqvist PetriKauhanen AnttiMetsäranta HeikkiRiukula Krista
This study defined an indicator for effective density suitable for Finland. The definition of the indicator is one of
Academic Publications Publications

Optimal Emission Prices Over the Business Cycles

Lintunen JussiVilmi Lauri
We prove that under the most typical circumstances optimal emission prices are procyclical, i.e., prices should be lower during

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