Publications

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
Briefs Publications

Situation of Young NEETs Needs Better Interpretation

Asplund RitaVanhala Pekka
Over the past months there have been lively discussions about Finnish NEETs, i.e. those young people who are Not
Latest Publications Reports 64

Employment Mediation Via Job Banks

Asplund RitaKauhanen AnttiVanhala Pekka
In this report, we follow up the situation of individuals having re-entered the labour market with the help of
Other publications Publications

Private Equity in Finland

Pajarinen MikaRouvinen PetriYlhäinen Ilkka
Too few long-term investments, those reaching far into the future, have been made into Finland. When such investments are
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
Briefs Publications

Switching to Full Wage Indexing of Earnings Related Pension Benefits Would Be Costly

Lassila JukkaMäättänen NikuValkonen Tarmo
A recent citizens’ initiative calls for a switch from indexing pension benefits to consumer prices (80%) and wages (20%)
Publications Reports 62

Finland in Global Value Chains

Ali-Yrkkö JyrkiRouvinen PetriSinko PekkaTuhkuri Joonas
This report uses an international input-output dataset to present an analysis of Finland’s position in global value chains. The
Academic Publications Publications

Servitization in contract manufacturing – Evidence from Polar Business Cases

Viitamo EsaLuoto SeppoSeppälä Timo
This paper contributes to the scholarly debate on the origins and nature of industrial servitization. By resorting to contract
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
Academic Publications Publications

Promotion Signaling, Gender, and Turnover: New Theory and Evidence

Cassidy HughDeVaro JedKauhanen Antti
Journal of Economic Behavior & Organization, Vol. 126, Part A, June 2016, pp. 140-166.
Academic Publications Publications

An “Opposing Responses” Test of Classic Versus Market-Based Promotion Tournaments

DeVaro JedKauhanen Antti
Journal of Labor Economics, Vol. 34, No. 3, 2016, pp. 747-779.
Publications Reports 61

The Next Phase in the Digital Revolution: Platforms, Abundant Computing, Growth and Employment

Zysman JohnKenney Martin
This report argues that computer-intensive automation (CIAutomation) is likely to change the nature of work and manufacturing value creation
Publications Reports 60

Firm Subsidies, Wages and Labor Mobility

Maliranta MikaMäättänen NikuPajarinen Mika
The bulk of innovation subsidies in Finland are allocated to firms in industries where the employment share of “innovators,”
Publications Working Papers 44

Job Creation and the Role of Dependencies

Fornaro PaoloLuomaranta Henri
We contribute to the extensive literature on the relationship between firm size and job creation, by examining the effects
Publications Working Papers 43

Industrial Blockchain Platforms: An Exercise in Use Case Development in the Energy Industry

Mattila JuriSeppälä TimoNaucler CatarinaStahl RiittaTikkanen MarianneBådenlid AlexandraSeppälä Jane
To encourage public discourse on blockchain use case development, this paper provides a pragmatic view on how to develop
Publications Reports 59

Reforming Student Financial Aid – Estimates from a Structural Model

Karhunen HannuMäättänen NikuUusitalo Roope
We analyse how alternative reforms of the student financial aid would influence average study duration, government expenditures, and tax
Briefs Publications

What Kind of Entrepreneurs Start High Productivity Businesses?

Maliranta MikaNurmi Satu
The Finnish economy is suffering from a prolonged hollow in productivity. For a solid bounce, arguably Finland would need

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