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31.01.2017
Academic Publications
Other publications
Publications
Does the Structural Budget Balance Guide Fiscal Policy Pro-Cyclically? Evidence from the Finnish Great Depression of the 1990s
Kuusi Tero
In this article, I evaluate the challenges related to the European Commission's output gap method of calculating the
structural
06.02.2017
Publications
Working Papers
48
Digital Music Industry – Background Synthesis
Sellin Derek
Seppälä Timo
After 15 years of decline, music industry revenues appear finally to have turned a corner with the growth
of
14.01.2017
Academic Publications
Publications
Life-cycle effects in small business finance
Ylhäinen Ilkka
This paper studies the life-cycle profiles of small firms’ cost and use of credit using a panel of
Finnish
31.01.2017
Briefs
Publications
Supercell Joins a Mobile Internet Giant: Fitting into Tencent’s Overall Business Strategy
Jia Kai
Kenney Martin
Seppälä Timo
On June 21, 2016, Tencent, the Chinese mobile internet giant spent $8.6 billion to purchase 84.3% stock of
Supercell,
11.01.2017
Publications
Reports
69
Estonia in Global Value Chains
Ali-Yrkkö Jyrki
Mattila Juri
Seppälä Timo
In this study, we analyse Estonia’s position in global value chains using World Input-Output Data and firm-level data.
We
10.01.2017
Publications
Working Papers
47
Small and Medium Firms, Aggregate Productivity and the Role of Dependencies
Fornaro Paolo
Luomaranta Henri
We analyze the productivity contribution of firms in the Finnish business sector, using data from 2002 until 2014,
and
10.01.2017
Publications
Working Papers
46
Nowcasting Finnish Turnover Indexes Using Firm-Level Data
Fornaro Paolo
Luomaranta Henri
Saarinen Lauri
We adopt a series of shrinkage and factor analytic methodologies to compute nowcasts of the main Finnish turnover
indexes,
09.01.2017
Publications
Reports
68
Smart Contracts – How will Blockchain Technology Affect Contractual Practices?
Lauslahti Kristian
Mattila Juri
Seppälä Timo
Unlike conventional contracts established through speech, written words, or actions, smart contracts are algorithmic, self-executing and self-enforcing computer
programs.
22.12.2016
Latest
Publications
Working Papers
45
Technology Disruptions as Enablers of Organizational and Social Innovation in Digitalized Environment
Koski Heli
Melkas Helinä
Mäntylä Martti
Pieters Roel
Svento Rauli
Särkikoski Tuomo
Talja Heli
Hyyppä Juha
Kaartinen Harri
Hyyppä Hannu
Matikainen Leena
This paper illustrates how disruptive technologies primarily shaking the functioning of service sector are spreading to the manufacturing
industries,
22.12.2016
Latest
Publications
Reports
67
Developments in New Entrepreneurial Activity in Finland
Kotiranta Annu
Pajarinen Mika
Rouvinen Petri
About half of all new business activity in Finland can be categorized as being entrepreneurial. The number of
this
22.12.2016
Latest
Publications
Reports
66
Characteristics of Finnish Startups
Kotiranta Annu
Pajarinen Mika
Rouvinen Petri
In this study, we analyze the characteristics and development of Finnish startups based on firm-level data available in
public
22.12.2016
Latest
Publications
Reports
65
Initial Aspirations, Size, and Being a Limited-liability Company Cause Growth Among Startups
Kotiranta Annu
Pajarinen Mika
Rouvinen Petri
In this report, we study the development of Finnish startup firms based on both survey and register data.
The
21.12.2016
Briefs
Publications
Earnings-related Unemployment Security, Employment and Lifetime Income
Määttänen Niku
Valkonen Tarmo
Earnings-related unemployment benefits weaken markedly the economic incentives for searching and accepting a job. This study estimates that
the
21.12.2016
Briefs
Publications
Situation of Young NEETs Needs Better Interpretation
Asplund Rita
Vanhala Pekka
Over the past months there have been lively discussions about Finnish NEETs, i.e. those young people who are
Not
20.12.2016
Latest
Publications
Reports
64
Employment Mediation Via Job Banks
Asplund Rita
Kauhanen Antti
Vanhala Pekka
In this report, we follow up the situation of individuals having re-entered the labour market with the help
of
16.12.2016
Other publications
Publications
Private Equity in Finland
Pajarinen Mika
Rouvinen Petri
Ylhäinen Ilkka
Too few long-term investments, those reaching far into the future, have been made into Finland. When such investments
are
14.12.2016
Latest
Publications
Reports
63
Predicting Housing Prices with Google Searches in Finland
Widgrén Joona
This report examines whether Google search queries can be used to predict the present and the near future
house
08.12.2016
Briefs
Publications
Switching to Full Wage Indexing of Earnings Related Pension Benefits Would Be Costly
Lassila Jukka
Määttänen Niku
Valkonen Tarmo
A recent citizens’ initiative calls for a switch from indexing pension benefits to consumer prices (80%) and wages
(20%)
30.11.2016
Publications
Reports
62
Finland in Global Value Chains
Ali-Yrkkö Jyrki
Rouvinen Petri
Sinko Pekka
Tuhkuri Joonas
This report uses an international input-output dataset to present an analysis of Finland’s position in global value chains.
The
7.11.2016
Academic Publications
Publications
Servitization in contract manufacturing – Evidence from Polar Business Cases
Viitamo Esa
Luoto Seppo
Seppälä Timo
This paper contributes to the scholarly debate on the origins and nature of industrial servitization. By resorting to
contract
02.11.2016
Briefs
Publications
The Future of Work: Challenges for Men and Women
Kauhanen Antti
Occupational restructuring is one of the most significant recent changes in the labor markets. Occupational gender segregation means
that
21.10.2016
Academic Publications
Publications
Promotion Signaling, Gender, and Turnover: New Theory and Evidence
Cassidy Hugh
DeVaro Jed
Kauhanen Antti
Journal of Economic Behavior & Organization, Vol. 126, Part A, June 2016, pp.
140-166.
19.10.2016
Academic Publications
Publications
An “Opposing Responses” Test of Classic Versus Market-Based Promotion Tournaments
DeVaro Jed
Kauhanen Antti
Journal of Labor Economics, Vol. 34, No. 3, 2016, pp.
747-779.
17.10.2016
Publications
Reports
61
The Next Phase in the Digital Revolution: Platforms, Abundant Computing, Growth and Employment
Zysman John
Kenney Martin
This report argues that computer-intensive automation (CIAutomation) is likely to change the nature of work and manufacturing value
creation
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