Publications

Working Papers 113

Digitalization and Resilience: Data Assets and Firm Productivity Growth During the COVID-19 Pandemic

Koski HeliFornaro Paolo
This study investigates the impact of firm-level investments in data assets on productivity growth during the COVID-19 pandemic, utilizing
Academic Publications

Going green while getting lean: Decomposing carbon and green total factor productivity?

Kuosmanen NataliaMaczulskij Terhi
While research on carbon productivity is growing rapidly, the role of structural change in green transition remains unexplored due
Academic Publications

Personality and public sector employment in Finland

Maczulskij TerhiViinikainen Jutta
Using long-term Finnish register data on labor market outcomes, we examine how personality traits predict the sorting of individuals
Working Papers 112

Childhood Shocks and Fertility: Evidence from Parental Job Loss

Riukula Krista
Do economic shocks experienced in childhood carry on to the fertility outcomes in adulthood and if they do, how?
Briefs 131

Business Finland COVID-19 Support Funding – What Was Achieved, and at What Cost?

Hirvonen JohannesKässi OttoRopponen Olli
This paper examines the labour market impacts of Finland’s initial COVID-19 subsidy program, designed to mitigate the economic fallout
Briefs 130

Companies’ Resilience in the Midst of Crises

Ali-Yrkkö JyrkiDeschryvere MatthiasKoski HeliKuusi Tero
Company Resilience in the era of Globalization project looked at the following three themes: companies’ ability to survive, the
Working Papers 111

Jobs, Workers, and Firms: Dissecting the Labour Market Effects of Finland’s COVID-19 Subsidy Program

Hirvonen JohannesKässi OttoRopponen Olli
This paper examines the labour market impacts of Finland’s initial COVID-19 subsidy program, designed to mitigate the economic fallout
Working Papers 110

Effective Fiscal Policy in an Aging Economy: Evidence from a BVAR Analysis

Puonti Päivi
As people age, their consumption and saving behavior tends to change. At the same time, the share of age-related
Other publications

Transition to Carbon Neutrality: Implications for Productivity, Competitiveness and Investments

Kuosmanen NataliaKaitila VilleKuusela Olli-PekkaLintunen JussiMaczulskij TerhiValkonen Tarmo
In light of Finland's commitment to carbon neutrality, this project examined the implications of the green transition on its
Reports 143

Mergers and Acquisitions in the Service Sector

Ylhäinen IlkkaPajarinen Mika
We examined mergers and acquisitions in the service sector and the effects of the transition to foreign ownership.
Reports 142

To What Extent Does Finland Engage in International Trade of Services?

Ali-Yrkkö JyrkiKuosmanen Natalia
This report examines the development and composition of Finland’s international trade in services compared to other countries.
Briefs 129

Services in Global Competition

Ali-Yrkkö JyrkiKuosmanen NataliaPajarinen MikaYlhäinen Ilkka
Services in Global Competition project examined the internationalization of service companies and service functions.
Academic Publications

The Effects of the Decentralization of Collective Bargaining on Wages and Wage Dispersion: Evidence from the Finnish Forest and IT Industries

Kauhanen Antti
Recently, Finnish forest industries shifted from sectoral collective bargaining to firm-level bargaining, and the IT services industry shifted to
Academic Publications

Inter-industry and Intra-industry Switching as Sources of Productivity Growth: Structural Change of Finland’s ICT Industries

Kuosmanen NataliaKuosmanen Timo
Structural change is an important driver of productivity growth at the aggregate level. While previous productivity decompositions account for
Reports 141

Company Size Dynamics and Growth Barriers Among Finnish Companies

Laurikka Annu
The report examines the dynamics of company size classes in Finland and the relationship between growth barriers and company
Working Papers 109

Shock Infections through Global Value Chains

Kuusi TeroAli-Yrkkö Jyrki
We examine how the Covid-19 shock was transmitted from the foreign, upstream parts of value chains to domestic (downstream)
Other publications

Productivity-promoting Policy Measures and the Dynamics of the Business Sector

Fornaro PaoloKiema IlkkaKuosmanen NataliaMaczulskij TerhiMaliranta MikaSaarelma Kalle
Productivity-promoting Policy Measures and the Dynamics of the Business Sector
Public support for R&D can promote productivity in the long run. Support for joint projects has a better justification
Academic Publications

Impacts of the Small-Tract Forestland (STF) Tax Program on Forestland Use in Oregon

Rossi DavidRushakoff BenKuusela Olli-Pekka
Preferential tax programs for forest landowners are used to achieve land use–related environmental and social objectives. Nonindustrial landowners are
Briefs 128

On the Impacts of Generative Artificial Intelligence

Kauhanen AnttiPajarinen MikaRouvinen Petri
Some one-fifth of Finnish employment is in occupations with at least half of tasks exposed to generative artificial intelligence.
Briefs 127

Occupational Exposure to Text- and Code-Generating Artificial Intelligence in Finland

Kauhanen AnttiPajarinen MikaRouvinen Petri
About 19% of Finnish employment is in occupations with at least 50% of tasks exposed to Generative Artificial Intelligence
Briefs 126

According to the Companies’ View, Which Policy Actions Would Increase the R&D Activities of Companies?

Ali-Yrkkö JyrkiPajarinen Mika
Several policy instruments can be used to increase research and product development (R&D). This brief focuses on companies’ views
Briefs 125

The Consequences of Export Demand Shocks in Swedish and Finnish Exporters

Maczulskij TerhiNilsson Hakkala Katariina
After the financial crisis, Finland’s exports have lagged behind Sweden’s exports. This study analyzes how firms with different financial
Working Papers 108

Firm-Level Consequences of Export Demand Shocks: Swedish and Finnish Exporters

El-Sahli ZouheirMaczulskij TerhiNilsson Hakkala Katariina
This paper analyzes how firms with different financial strength levels respond to demand shocks in their export markets. We
Academic Publications

Mind the Gap – Assessing the Size and Determinants of the Life Insurance Gap

Ropponen OlliKuusi TeroValkonen Tarmo
Preparing for the monetary loss associated with premature death of the breadwinner has become more relevant during the COVID-19

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