Publications

Other publications Publications

Are Competitiveness Reports by IMD and WEF Fit to Support the Conduct of Economic Policy in Finland?

Pajarinen MikaRouvinen PetriYlhäinen Ilkka
This report studies, how well suited the competitiveness reports by IMD and WEF are to support the conduct of
Other publications Publications

Digitalization changes the world – are new statistics needed to support economic policy?

Kotiranta AnnuKoski HeliPajarinen MikaRouvinen PetriYlhäinen Ilkka
With artificial intelligence, cloud computing, and other recent digitalization phenomena, we are about to enter the second era of
Publications Reports 71

A Blockchain Application in Energy

Hukkinen TaneliMattila JuriIlomäki JuusoSeppälä Timo
This report documents a blockchain application developed for the energy sector that enables distributed market coordination for decentralized energy
Other publications Publications

Gender differences in corporate hierarchies

Kauhanen Antti
The gender wage gap is largely due to men and women holding different kinds of jobs. This job segregation
Academic Publications Other publications Publications

Why locate manufacturing in a high-cost country? A case study of 35 production location decisions

Ketokivi MikkoTurkulainen VirpiSeppälä TimoRouvinen PetriAli-Yrkkö Jyrki
In this paper, we examine in detail 35 final assembly location decisions to gain understanding of the manufacturing location
Briefs Publications

Three Measures to Safeguard Funding for Research and Education

Määttänen NikuVihriälä Vesa
Funding for research and education needs to be increased relative to the existing plans. This is difficult, given the
Briefs Publications

Supervisor’s Support and Job Satisfaction

Böckerman PetriKangasniemi MariKauhanen Antti
Support from supervisor and coworkers are strongly associated with better job satisfaction. The role of support is not limited
Briefs Publications

Does High-involvement Management Improve Productivity?

Böckerman PetriKangasniemi MariKauhanen Antti
There is a positive correlation between the use of high-involvement management practices and firm productivity. However, this correlation does
Briefs Publications

One Tenth of New Entrepreneurial Activity in Finland is Multicultural

Pajarinen MikaRouvinen Petri
In this brief, we study the cultural dimension of new entrepreneurial activity in Finland. One in ten nascent entrepreneurs
Publications Working Papers 49

Informal vs. Formal Care in Finland: Monetary Incentives and Fiscal Implications

Määttänen NikuSalminen Tomi
We consider the private economic incentives and the fiscal consequences related to informal long-term care by e.g. family members
Publications Reports 70

Why Have Business Investments Decreased?

Ali-Yrkkö JyrkiKuusi TeroMaliranta Mika
In this study we analyse the development of business investments in Finland and in other countries of comparison on
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
Publications Working Papers 48

Digital Music Industry – Background Synthesis

Sellin DerekSeppälä Timo
After 15 years of decline, music industry revenues appear finally to have turned a corner with the growth of
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
Briefs Publications

Supercell Joins a Mobile Internet Giant: Fitting into Tencent’s Overall Business Strategy

Jia KaiKenney MartinSeppälä Timo
On June 21, 2016, Tencent, the Chinese mobile internet giant spent $8.6 billion to purchase 84.3% stock of Supercell,
Publications Reports 69

Estonia in Global Value Chains

Ali-Yrkkö JyrkiMattila JuriSeppälä Timo
In this study, we analyse Estonia’s position in global value chains using World Input-Output Data and firm-level data. We
Publications Working Papers 47

Small and Medium Firms, Aggregate Productivity and the Role of Dependencies

Fornaro PaoloLuomaranta Henri
We analyze the productivity contribution of firms in the Finnish business sector, using data from 2002 until 2014, and
Publications Working Papers 46

Nowcasting Finnish Turnover Indexes Using Firm-Level Data

Fornaro PaoloLuomaranta HenriSaarinen Lauri
We adopt a series of shrinkage and factor analytic methodologies to compute nowcasts of the main Finnish turnover indexes,
Publications Reports 68

Smart Contracts – How will Blockchain Technology Affect Contractual Practices?

Lauslahti KristianMattila JuriSeppälä Timo
Unlike conventional contracts established through speech, written words, or actions, smart contracts are algorithmic, self-executing and self-enforcing computer programs.
Latest Publications Working Papers 45

Technology Disruptions as Enablers of Organizational and Social Innovation in Digitalized Environment

Koski HeliMelkas HelinäMäntylä MarttiPieters RoelSvento RauliSärkikoski TuomoTalja HeliHyyppä JuhaKaartinen HarriHyyppä HannuMatikainen Leena
This paper illustrates how disruptive technologies primarily shaking the functioning of service sector are spreading to the manufacturing industries,
Latest Publications Reports 67

Developments in New Entrepreneurial Activity in Finland

Kotiranta AnnuPajarinen MikaRouvinen Petri
About half of all new business activity in Finland can be categorized as being entrepreneurial. The number of this
Latest Publications Reports 66

Characteristics of Finnish Startups

Kotiranta AnnuPajarinen MikaRouvinen Petri
In this study, we analyze the characteristics and development of Finnish startups based on firm-level data available in public
Latest Publications Reports 65

Initial Aspirations, Size, and Being a Limited-liability Company Cause Growth Among Startups

Kotiranta AnnuPajarinen MikaRouvinen Petri
In this report, we study the development of Finnish startup firms based on both survey and register data. The
Briefs Publications

Earnings-related Unemployment Security, Employment and Lifetime Income

Määttänen NikuValkonen Tarmo
Earnings-related unemployment benefits weaken markedly the economic incentives for searching and accepting a job. This study estimates that the

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