Publications

Academic Publications

Cross-country Convergence: To Be or Not to Be, That Is the Question

Lähdemäki Sakari
Can we associate globalization with converging productivity levels of different countries? Are developing countries catching up? This paper provides
Working Papers 116

Education, Gender, and Family Formation

Virtanen HannaSilliman MikkoKuuppelomäki TiinaHuttunen Kristiina
In response to the wide-ranging consequences of falling fertility rates, governments across high-income countries are considering how to increase
Reports 145

The Effects of Covid-related Business Subsidies in Finland

Ropponen OlliKoski HeliKässi OttoValmari NelliYlhäinen IlkkaHirvonen Johannes
This study examines the allocation of business subsidies introduced due to the COVID-19 pandemic to different types of companies.
Working Papers 115

Debt Burden of Job Loss in a Nordic Welfare State

Maczulskij TerhiKanninen OhtoKarhunen HannuTahvonen Ossi
The paper investigates the impact of involuntary job loss on severe debt problems in Finland, where up to 50%
Briefs 132

Agglomeration Effects Exist but Are Limited

Haapamäki TainaRiukula KristaVäänänen Touko
In economics, the regional densification of economic activity is referred to as agglomeration. The effects of agglomeration are often
Reports 144

Agglomeration and Productivity: The Effect of Job-to-job Accessibility on Workers and Establishments

Haapamäki TainaHarjunen OskariKauhanen AnttiKuivalainen VeetiRiukula KristaValmari NelliVäänänen Touko
In economics, the regional densification of economic activity is referred to as agglomeration. The effects of agglomeration are often
Working Papers 114

Least-cost Decarbonization Pathways for Electricity Generation in Finland: A Convex Quantile Regression Approach

Kuosmanen NataliaKuosmanen TimoMaczulskij TerhiZhou Xun
This study investigates the least-cost decarbonization pathways in the Finnish electricity generation industry in order to achieve the national
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

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