Working Papers

06.11.2023 Working Papers 109

Shock Infections through Global Value Chains

We examine how the Covid-19 shock was transmitted from the foreign, upstream parts of value chains to domestic (downstream)

16.10.2023 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

19.09.2023 Working Papers 107

The Effects of COVID-19 Pandemic on (New) Life Insurances

Ropponen OlliKuusi TeroValkonen Tarmo

This paper studies the life insurance demand responses to Covid-19 pandemic. It employs the unique individual-level daily data on

28.04.2023 Working Papers 106

Beyond AI, Blockchain Systems, and Digital Platforms: Digitalization Unlocks Mass Hyper-Personalization and Mass Servitization

Seppälä TimoMucha TomaszMattila Juri

The ever-progressing digitalization of the economy and society is unlocking new opportunities for organizations engaging in services. We are

25.04.2023 Working Papers 105

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

21.04.2023 Julkaisut Working Papers 104

Renewal of Companies Through Product Switching

Kuosmanen NataliaValmari Nelli

The past few decades have witnessed a slowdown in productivity growth in many advanced economies, including Finland.

18.04.2023 Julkaisut Working Papers 103

Do Grocery Feedback Systems Enabling Access to Past Consumption Impact Individual Food Purchase Behavior?

Koski HeliKuikkaniemi KaiPantzar Mika

This article empirically explores whether and how providing consumers with detailed access to their past food purchase data at

11.04.2023 Working Papers 102

Five Countries, Five Models – A Comparison of Fiscal Frameworks and Lessons for Finland

Begg IainKuusi TeroKylliäinen Olavi

In recent years, many countries have sought to transform their fiscal frameworks, with the aim of rendering their public

31.03.2023 Working Papers 101

Breakthrough Innovations and Productivity: An International Perspective

Kuusi TeroNevavuo Jenni

In this paper, we shed new light on the productivity impact of breakthrough patents, as well as their role

27.02.2023 Working Papers 100

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

13.12.2022 Working Papers 99

The Role of Firm Dynamics in the Green Transition: Carbon Productivity Decomposition in Finnish Manufacturing

Kuosmanen NataliaMaczulskij Terhi

This paper investigates the importance of firm dynamics, including entry and exit and the allocation of carbon emissions across

28.11.2022 Working Papers 98

R&D and Productivity in Finnish Firms

Valmari Nelli

Productivity of the Finnish private sector decreased during the financial crisis of 2008–2009 and, since then, productivity growth has

28.10.2022 Working Papers 97

The Labor-market Effects of Service Offshoring: A Synthetic Control Approach with High-dimensional Microdata

Kässi Otto

I use novel high-quality survey data on firms’ international sourcing activities combined with firm-level financial and linked employer–employee data

30.09.2022 Working Papers 96

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

05.08.2022 Working Papers 95

Worker Mobility and Productivity Spillovers

Ohlsbom Roope

Using linked employer-employee data from Finland, we examine the mobility of workers between establishments as a source of productivity-affecting

02.08.2022 Working Papers 94

Trade Flows, Carbon Leakage, and the EU Emissions Trading System

Kuusi TeroWang Maria

The EU’s Emission Trading Scheme (EU ETS) has been shown to have reduced emissions in the participating countries and

11.04.2022 Working Papers 93

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

Hirvonen JohannesStenhammar AapoTuhkuri Joonas

We present novel evidence on the effects of advanced technologies on employment, skill demand, and firm performance. The main

25.02.2022 Working Papers 92

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

Alho JuhaLassila Jukka

When the future evolution of demographic processes is described in a stochastic setting, the challenge is to communicate the

15.12.2021 Julkaisut Working Papers 91

Heterogeneity in Labor Market Returns to Adult Education

Kauhanen AnttiVirtanen Hanna

We study the earnings and employment effects of enrollment in formal adult education in Finland using a combination of

13.10.2021 Julkaisut Working Papers 90

Interest Limitation Rules and Business Cycles: Empirical Evidence

Ropponen Olli

This paper studies the performance of interest limitation rules during business cycles. It employs register data on Finnish affiliates

23.08.2021 Julkaisut Working Papers 89

Dark Half: Decentralized Bargaining and Well-being at Work

Maczulskij TerhiHaapanen MikaKauhanen AnttiRiukula Krista

Using information on collective agreements and administrative data on mental ill-health, sickness absence, and job separations, we study the

06.07.2021 Julkaisut Working Papers 88

Management Practices Drive Productivity – But Not Without Human Capital