Publications

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Effect of Secondary Education on Cognitive and Non-cognitive Skills

Ollikainen Jani-PetteriPekkarinen TuomasUusitalo RoopeVirtanen Hanna
Effect of Secondary Education on Cognitive and Non-cognitive Skills
We exploit admission cutoffs to secondary schools to study the effects of general academically oriented, versus vocational secondary schooling
Reports 128

Revisiting the Economic Impacts of the EU CBAM on Finland and the EU

Kaitila VilleKuusela Olli-PekkaKuusi TeroPohjola JohannaSoimakallio Sampo
We assess the potential impact of the EU carbon border adjustment mechanism (CBAM) based on the European Commission’s proposal
Briefs 108

Policy Brief: New Evidence on the Effect of Technology on Employment and Skill Demand

Hirvonen JohannesStenhammar AapoTuhkuri Joonas
How do new technologies such as robots affect the demand for work and skills? The common idea is that
Working Papers 93

New Evidence on the Effect of Technology on Employment and Skill Demand

Hirvonen JohannesStenhammar AapoTuhkuri Joonas
New Evidence on the Effect of Technology on Employment and Skill Demand
We present novel evidence on the effects of advanced technologies on employment, skill demand, and firm performance. The main
Reports 127

Public Debt and Economic Growth

Puonti Päivi
Public Debt and Economic Growth
Economics literature suggests that, even in the absence of fiscal costs, a persistently high and increasing public debt ratio
Briefs 107

In Search of Upcoming Supply Chain Surprises: The World Export Market Shares of Belarus, Russia and Ukraine

Ali-Yrkkö JyrkiHirvonen JohannesRouvinen Petri
In Search of Upcoming Supply Chain Surprises: The World Export Market Shares of Belarus, Russia and Ukraine
This brief considers the world export market shares of Belarus, Russia and Ukraine across over five thousand commodities (the
Briefs 106

Renewal Through Industry Switching and Its Impacts on Productivity

Kuosmanen NataliaKuosmanen TimoAli-Yrkkö JyrkiPajarinen Mika
Productivity growth in Finland has slowed down due to structural change. Firms are in a continuous process of renewal
Reports 126

Renewal of Companies: Industry Switching as a Form of Structural Change

Kuosmanen NataliaKuosmanen TimoAli-Yrkkö JyrkiPajarinen Mika
Renewal of Companies: Industry Switching as a Form of Structural Change
The contributions of entry and exit of firms to aggregate productivity growth are well-established in the literature. However, the
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Impacts and indicators of Innovation Ecosystems – A Framework for Analysis

Laasonen ValtteriNyman JuhoFornaro PaoloLähteenmäki-Smith KaisaKolehmainen JariKoski HeliRanta Tommi
Impacts and indicators of Innovation Ecosystems – A Framework for Analysis
The INNOVA project has produced information and tools to support the assessment of the impact of innovation ecosystems. Ecosystems
Reports 125

M&As and Their Economic Effects on Target Companies

Ali-Yrkkö JyrkiMattila JuriPajarinen MikaYlhäinen Ilkka
This study examines mergers and acquisitions and their economic impact on companies. The study examined which companies in Finland
Briefs 105

The Significance of Russia for Finnish Companies

Ali-Yrkkö JyrkiHirvonen JohannesKangasharju Aki
This Policy Brief analyses the importance of Russia on the Finnish economy. We scrutinize both the trade relations and
Working Papers 92

Assessing Components of Uncertainty in Demographic Forecasts with an Application to Fiscal Sustainability

Alho JuhaLassila Jukka
Assessing Components of Uncertainty in Demographic Forecasts with an Application to Fiscal Sustainability
When the future evolution of demographic processes is described in a stochastic setting, the challenge is to communicate the
Publications Reports 124

Welfare Traps in Finland

Puonti PäiviKauppi EijaKotamäki MauriRopponen Olli
We analyze the impact of the Finnish tax-benefit system on the financial incentives to take up a job and
Other publications Publications

Europe Facing Geoeconomics: Assessing Finland’s and the EU’s Risks and Options in the Technological Rivalry

Wigell MikaelDeschryvere MatthiasFjäder ChristianHelwig NiklasKaitila VilleKoski HeliSeilonen JosiSuominen Arho
Europe Facing Geoeconomics: Assessing Finland’s and the EU’s Risks and Options in the Technological Rivalry
The geoeconomic rivalry is accelerating with the world’s major powers using economic instruments to advance strategic agendas. This poses
Publications Reports 123

The Design of R&D Tax Incentive Schemes and Firm Innovation

Koski HeliFornaro Paolo
The Design of R&D Tax Incentive Schemes and Firm Innovation
Research and development (R&D) tax credits are widely employed among the OECD countries to promote business sector investments in
Briefs Publications

Efficient Innovation Policy Increases High-productivity R&D Work

Einiö EliasKoski HeliKuusi TeroLehmus Markku
Our work applies the model developed by Acemoglu et al. (2018), henceforth, AAABK, for assessing the growth and welfare
Other publications Publications

Innovation, Reallocation, and Growth in the 21st Century

Einiö EliasKoski HeliKuusi TeroLehmus Markku
Innovation, Reallocation, and Growth in the 21st Century
Our work applies the model developed by Acemoglu et al. (2018), henceforth, AAABK, for assessing the growth and welfare
Publications Reports 122

Greenhouse Gas Emissions of Finland’s Information Economy Sector: A Supply Chain Perspective

Kuosmanen NataliaSeppälä TimoYlhäinen Ilkka
Greenhouse Gas Emissions of Finland’s Information Economy Sector: A Supply Chain Perspective
The environmental benefits and harms of information and communication technology (ICT) have been widely discussed in Finland since 2019.
Publications Reports 121

Greenhouse Gas Emissions of Finland’s Information Economy Sector: A Supply Chain Perspective

Kuosmanen NataliaSeppälä TimoYlhäinen Ilkka
The environmental benefits and harms of information and communication technology (ICT) have been widely discussed in Finland since 2019.
Briefs Publications

Phenomena 2022 – A Glimpse into the Future

Sulander Tytti (ed.)Kangasharju AkiKauhanen AnttiKoski HeliKulvik MarttiKuusela Olli-PekkaKuusi TeroLehmus MarkkuPuonti PäiviRopponen OlliValkonen Tarmo
The third corona year 2022 will not start very brightly as the Omicron variant of COVID-19 continues to spread.
Briefs Publications

Do Investments in Adult Education Pay Off?

Kauhanen AnttiVirtanen Hanna
Technological change and globalization have led to restructuring in the labor market, and adult education is a key policy
Publications Working Papers 91

Heterogeneity in Labor Market Returns to Adult Education

Kauhanen AnttiVirtanen Hanna
Heterogeneity in Labor Market Returns to Adult Education
We study the earnings and employment effects of enrollment in formal adult education in Finland using a combination of
Other publications Publications

Managing Firm Resources at the Digital Technology Frontier – The Case of Finland’s Artificial Intelligence Accelerator

Mucha TomaszSeppälä Timo
Constantly evolving and advancing digital technologies force firms to manage their resources actively. This process is fraught with uncertainties,
Publications Reports 120

Keep It Simple, Not Stupid – How to Save the EU Fiscal Framework?

Kuusi TeroPuonti Päivi
Keep It Simple, Not Stupid – How to Save the EU Fiscal Framework?
In this paper, we describe key problems of the current EU’s fiscal framework and offer constructive options for its

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