Working Papers

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
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
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
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
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
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
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
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
Julkaisut 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
Julkaisut Working Papers 90

Interest Limitation Rules and Business Cycles: Empirical Evidence

Ropponen Olli
Interest Limitation Rules and Business Cycles: Empirical Evidence
This paper studies the performance of interest limitation rules during business cycles. It employs register data on Finnish affiliates
Julkaisut Working Papers 89

Dark Half: Decentralized Bargaining and Well-being at Work

Maczulskij TerhiHaapanen MikaKauhanen AnttiRiukula Krista
Dark Half: Decentralized Bargaining and Well-being at Work
Using information on collective agreements and administrative data on mental ill-health, sickness absence, and job separations, we study the
Julkaisut Working Papers 88

Management Practices Drive Productivity – But Not Without Human Capital

Ohlsbom Roope
Management Practices Drive Productivity – But Not Without Human Capital
Data collected with the Finnish Management and Organizational Practices Survey (FMOP) is used to study the association between management
Julkaisut Working Papers 87

Occupational Mobility of Routine Workers

Maczulskij Terhi
Occupational Mobility of Routine Workers
This paper analyzes whether occupational polarization takes place within workers or due to changes in the composition of workers
Julkaisut Working Papers 86

Personality and Public Sector Employment

Maczulskij TerhiViinikainen Jutta
Personality and Public Sector Employment
Using a representative survey combined with register data on long-term labour market outcomes, this paper examines how personality traits
Julkaisut Working Papers 85

The Effect of Access to Post-Compulsory Education: Evidence from Structural Breaks in School Supply

Virtanen HannaRiukula Krista
The Effect of Access to Post-Compulsory Education: Evidence from Structural Breaks in School Supply
We study how reducing the regional supply of post-compulsory education affects schooling choices and educational attainment in Finland. We
Julkaisut Working Papers 84

It’s in the News: Developing a Real Time Index for Economic Uncertainty Based on Finnish News Titles

Avela AleksiLehmus Markku
It’s in the News: Developing a Real Time Index for Economic Uncertainty Based on Finnish News Titles
Uncertainty may affect economic behavior of individuals and firms in a wide variety of ways, with typically negative consequences
Julkaisut Working Papers 83

Heterogeneous Impacts of the Decentralization of Collective Bargaining

Kauhanen AnttiMaczulskij TerhiRiukula Krista
Heterogeneous Impacts of the Decentralization of Collective Bargaining
This paper analyses the heterogeneous effects of the decentralization of collective bargaining on the incidence of wage increases and
Julkaisut Working Papers 82

Supranationalism, Sino-American Technology Separation, and Semiconductors: First Observations

Holmström HaraldSeppälä Timo
Supranationalism, Sino-American Technology Separation, and Semiconductors: First Observations
Global forces have shaped the world since the industrial and digital ages. A recent perspective on globalization acknowledges the
Julkaisut Working Papers 81

Killers on the Road of Emerging Start-ups – Implications for Market Entry and Venture Capital Financing

Koski HeliKässi OttoBraesemann Fabian
Killers on the Road of Emerging Start-ups – Implications for Market Entry and Venture Capital Financing
This paper empirically studies the effect of acquisitions made by the large US-based technology companies on the entry dynamics
Julkaisut Working Papers 80

Nowcasting Industrial Production Using Uncoventional Data Sources

Fornaro Paolo
Nowcasting Industrial Production Using Uncoventional Data Sources
In this work, we rely on unconventional data sources to nowcast the year-on-year growth rate of Finnish industrial production,
Julkaisut Working Papers 79

Construction Value Chains and Their Productivity Growth

Kuusi TeroJunnonen Juha-MattiKulvik Martti
Construction Value Chains and Their Productivity Growth
The construction industry has suffered from low growth in recent decades. Motivated by the economic importance of the industry,
Julkaisut Working Papers 78

Digitalization and Platforms in Agriculture: Organizations, Power Asymmetry, and Collective Action Solutions

Kenney MartinSerhan HiamTrystram Gilles
Digitalization and Platforms in Agriculture: Organizations, Power Asymmetry, and Collective Action Solutions
Technologies such as digitally-equipped agricultural equipment, drones, image recognition, sensors, robots and artificial intelligence are being rapidly adopted throughout
Julkaisut Working Papers 77

Short-term Impacts of the GDPR on Firm Performance

Koski HeliValmari Nelli
Short-term Impacts of the GDPR on Firm Performance
This paper uses extensive firm-level data on European and US companies from 2014–2018 to explore the short-term impacts of
Julkaisut Working Papers 76

Artificial Intelligence Platforms – A New Research Agenda for Digital Platform Economy

Mucha TomaszSeppälä Timo
Artificial Intelligence Platforms – A New Research Agenda for Digital Platform Economy
Three out of nine of S&P500 digital platform companies stand out as building own artificial intelligence (AI) platforms. There

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