Working Papers

Publications Working Papers 55

Parental Job Loss and Application Decisions in Finnish Post-Secondary Education

Laukkonen Marja-Lisa
In Finland, there are no tuition or application fees for post-secondary education. However, the application and admission processes by
Publications Working Papers 54

ETLA Macro Model for Forecasting and Policy Simulations

Lehmus Markku
This paper presents a review of a quarterly macroeconomic model built for forecasting and policy simulation purposes at the
Publications Working Papers 53

The (Unfulfilled) Potential of Data Marketplaces

Koutroumpis PantelisLeiponen AijaThomas Llewellyn D W
Although industrial datasets are abundant and growing daily, they are not being shared or traded openly and transparently on
Publications Working Papers 52

Invention Machines: How Control Instruments and Information Technologies Drove Global Technologigal Progress over a Century of Invention

Koutroumpis PantelisLeiponen AijaThomas Llewellyn D W
Inventions depend on skills, experience, and information exchange. Information is shared among individuals and organizations both intentionally and unintentionally.
Publications Working Papers 51

The Young, the Old and the Innovative: The Impact of R&D on Firm Performance in ICT versus Other Sectors

Koutroumpis PantelisLeiponen AijaThomas Llewellyn D W
Although innovation opportunities within the ICT industry are assumed high in comparison with other industries because of their rapidly
Publications Working Papers 50

Export Product Range and Economic Performance – An Emphasis on Small Advanced EU Countries

Kaitila Ville
We analyse the number of different HS8 products in the EU countries’ ex-ports in 1995–2015. We review what share,
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 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
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,
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,
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 Working Papers 42

Business Owners, Employees and Firm Performance

Maliranta MikaNurmi Satu
Abstract The novel Finnish Longitudinal OWNer-Employer-Employee (FLOWN) database was used to analyze how the characteristics of owners and employees
Publications Working Papers 41

Within and Between Firm Trends in Job Polarization: Role of Globalization and Technology

Pekkala Kerr SariMaczulskij TerhiMaliranta Mika
This paper analyzes occupational polarization within and across firms using comprehensive matched employer-employee panel data from Finland. The occupational
Publications Working Papers 40

Descriptive Findings on the Convergence of Female and Male Mortality in Europe

Alho Juha
Female life expectancy has almost universally been higher than male life expectancy. But, both have increased rapidly during the
Publications Working Papers 39

Trade and Innovation: Matched Worker-Firm-Level Evidence

Tuhkuri Joonas
This paper examines the relationship between globalization and innovation. To do so, it draws from data that match the
Publications Working Papers 38

The Blockchain Phenomenon – The Disruptive Potential of Distributed Consensus Architectures

Mattila Juri
Blockchain technology is disrupting society by enabling new kinds of disintermediated digital platforms. Furthermore, it is also providing efficiency
Publications Working Papers 37

Estimating Production Functions of Multiproduct Firms

Valmari Nelli
Despite the fact that multiproduct firms constitute a considerable share of firms and account for an even greater share
Publications Working Papers 36

Global Value Chain Upgrading

Ylömäki Tobias
Global value chain (GVC) upgrading is a key factor in country-level economic performance. Therefore it is important to study
Publications Working Papers 35

Forecasting Unemployment with Google Searches

Tuhkuri Joonas
Data on Google searches help predict the unemployment rate in the U.S. But the predictive power of Google searches
Publications Working Papers 34

Network Positioning through Manufacturing Services – Lessons from the Contract Manufacturing Industry

Viitamo EsaLuoto SeppoSeppälä Timo
Through early adoption of new production technologies and service-based rivalry on the outsourcing customers, contract manufacturers integrate and enhance
Publications Working Papers 33

The EU’s Fiscal Targets and Their Economic Impact in Finland

Keränen HenriKuusi Tero
In this paper, we quantify time-varying fiscal multipliers using Finnish economic data and address questions about the design of
Publications Working Papers 32

The Finnish Great Depression of the 1990s: Soviet Trade or Home-Made?

Kuusi Tero
This paper reconsiders the reasons for the Finnish Great Depression.The paper argues that during the crisis Finland experienced institutional

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