Working Papers

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
Publications Working Papers 31

Structural Reforms and Stabilization Policies in the Euro Area

Alho Kari E.O.
Specifying a structurally built NKM model for EMU, and identifying in it the determinants of the potential output and
Publications Working Papers 30

Commercial success of innovation: the roles of R&D cooperation and firm age

Koski Heli
Data comprising 1790 Finnish firms and covering the years 2006-2012 suggest that turnover from innovative sales per employee were
Publications Working Papers 29

Unemployment Accounts – A Finnish Application

Määttänen NikuSalminen Tomi
We consider a reform that would replace the current Finnish unemployment insurance (UI) scheme with individual unemployment accounts. The
Publications Working Papers 28

GDP Growth in Russia: Different Capital Stock Series and the Terms of Trade

Kaitila Ville
There are different academic assessments as to what lies behind Russia’s GDP growth: total factor productivity or fixed capital
Publications Working Papers 27

Mobility of ideas for innovation: The role of inventor-specific knowledge flows

Koski HeliPajarinen Mika
Our data from 351 innovating firms for the years 2001–2012 generally suggest that patentable ideas are strongly linked to
Publications Working Papers 26

Service productivity, technology and organization – Converting theory to praxis

Viitamo Esa
The growth of services - leveraged by the servitization of manufacturing - stresses the urgency of novel approaches and
Publications Working Papers 25

Knowledge Complementarity of a Firm’s Internal and External R&D Capabilities

Koski HeliSvento Rauli
We use data from over 1500 Finnish companies for the years 2006-2008 and 2008-2010 to explore complementarity of a
Publications Working Papers 24

Longevity, Working Lives and Public Finances

Lassila JukkaValkonen Tarmo
Can longer working lives bring sufficient tax revenues to pay for the growing public health and care expenditure that
Publications Working Papers 23

Consolidation under the Europe’s New Fiscal Rules: Analyzing the Implied Minimum Fiscal Effort

Kuusi Tero
The new EU fiscal framework builds on several overlapping target measures and convergence rules. Thus, it is not clear
Publications Working Papers 22

The Impact of the USO on the Profitability of Postal Service Provision in Finland

Koski Heli
This study aims at investigating the order of magnitude of financial burden of the universal service obligation for the
Publications Working Papers 21

Performance Pay and Enterprise Productivity: The Details Matter

Kato TakaoKauhanen Antti
Much of the empirical literature on PRP (Performance Related Pay) focuses on a question of whether the firm can
Publications Working Papers 20

Empirical Evidence on the Dynamics of Incentive Plans

Kato TakaoKauhanen AnttiSalmi Julia
Using three different waves of a survey on compensation practices from 2005, 2007, and 2010, we study the dynamics
Publications Working Papers 19

The Performance Effects of Individual and Group Incentives: A Case Study

Kato TakaoKauhanen AnttiKujansuu Essi
We study a warehouse that changes its incentive plan from a group plan to an individual plan. We focus
Publications Working Papers 18

Performance Measurement in Healthcare Incentive Plans

Kauhanen AnttiSalmi JuliaTorkki Paulus
By using quantitative survey data and conducting a case study, we examine performance measurement of incentive plans in Finnish
Publications Working Papers 17

Industry restructuring in the ICT sector – What does labor mobility tell us about skill relatedness and knowledge spillovers?

Nikulainen TuomoPajarinen Mika
Industries go through different phases of evolution where old skills become obsolete and new skills arecrucial for the industrial
Publications Working Papers 16

Subsidies, Shadow of Death and Productivity

Koski HeliPajarinen Mika
Our panel data from over 10,000 Finnish firms during the years 2003-2010 sheds light on the effect of different
Publications Working Papers 15

Empirical Evaluation of the Effectiveness of Competition Policy

Koski HeliPajarinen Mika
This study evaluates the usefulness of different modifications of empirical models estimating the so-called Boone indicator for capturing changes
Publications Working Papers 14

Convergence, income distribution, and the economic crisis in Europe

Kaitila Ville
We analyse the Sigma convergence (standard deviation divided by average) of purchasing power adjusted GDP per capita and GDP
Publications Working Papers 13

Commercialization or Engagement: Which Is of More Significance to the U.S. Economy ?

Kenney Martin
Beginning with the commercialization of genetic engineering (biotechnology) research beginning in the late 1970s and the passage of the
Publications Working Papers 12

Specialisation and/or Convergence: Structure of European Exports and Production

Kaitila Ville
We analyse the degree of EU countries’ specialisation in their exports and manufacturing value added using the Herfindahl-Hirschmann index
Publications Working Papers 11

Allocation and industry productivity: Accounting for firm turnover

Maliranta MikaMäättänen Niku
Recent macroeconomic literature has stressed the importance of resource allocation between firms for aggregate productivity. An important issue, therefore,
Publications Working Papers 10

Resource allocation in health care processes: A case study

Kauhanen AnttiKulvik MarttiKulvik SiljaMaijanen SirpaMartikainen OlliRanta Paula
This paper utilizes queuing models to analyze health care processes. We extend previous queuing models to allow for i)
Publications Working Papers 9

Generating commercial ideas in Finnish universities. The role of interdisciplinarity and networking

Nikulainen Tuomo
Existing research argues that the keys to generating industry-relevant knowledge are interdisciplinary and networked research. The aim of this

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