20.08.2019 Julkaisut Working Papers 68 Artificial Intelligence Applications & Venture Funding in Healthcare Halminen OlliTenhunen HenniHeliste AnttiSeppälä Timo Venture Capital (VC) funding raised by companies producing Artificial Intelligence (AI) solutions is on the rise. In healthcare, VC
18.04.2019 Julkaisut Working Papers 67 The Influence of Old-age Retirement on Health: Causal Evidence from the Finnish Register Data Kuusi TeroMartikainen PekkaValkonen Tarmo We quantify the impact of old-age retirement on health using longitudinal Finnish register data for the period 2000–2012, which
02.04.2019 Julkaisut Working Papers 66 Top 3: Pension Systems in Denmark, Finland, and the Netherlands Hougaard Jensen Svend E.Lassila JukkaMäättänen NikuValkonen TarmoWesterhout Ed According to the 2018 Mercer Global Pension index, the pension systems of Denmark, Finland and the Netherlands are the
13.03.2019 Julkaisut Working Papers 65 Labor Market Returns to Vocational Secondary Education Silliman MikkoVirtanen Hanna We study labor-market returns to vocational versus general secondary education using a regression discontinuity design created by the centralized
13.03.2019 Julkaisut Working Papers 64 Lost Boys: Access to Secondary Education and Crime Huttunen KristiinaPekkarinen TuomasUusitalo RoopeVirtanen Hanna We study the effect of post-compulsory education on crime by exploiting a regression discontinuity design generated by admission cut-offs
01.02.2019 Julkaisut Working Papers 63 Immigrant Innovators and Firm Performance Fornaro PaoloMaliranta MikaRouvinen Petri We study immigrants’ effects on firm-level innovativeness. Managers, innovators, and other employees are considered as separate groups both in
05.11.2018 Julkaisut Working Papers 62 Nowcasting the Unemployment Rate in the EU with Seasonal BVAR and Google Search Data Anttonen Jetro In this paper a Bayesian vector autoregressive model for nowcasting the seasonally non-adjusted unemployment rate in EU-countries is developed.
26.10.2018 Julkaisut Working Papers 61 How Do Competition Policy and Data Brokers Shape Product Market Competition? Koski Heli This paper empirically analyzes how a data broker affects competition in oligopolistic product markets. It examines a unique case
24.08.2018 Julkaisut Working Papers 60 Missing Growth in Finland Anttila Juho This study investigates the extent of ’missing growth’ in Finland due to upward bias in the cost-of-living measurement. This
25.05.2018 Julkaisut Working Papers 59 Investor Attention and Technology Salience: Does Personal Data Related Innovation Boost Firm Value? Koski HeliLuukkonen Juha This paper empirically analyzes how markets value personal data related innovation in four prominent domains, in which firms’ potential
05.03.2018 Julkaisut Working Papers 58 Ctrip: China’s Online Travel Platform – Local Giant or Global Competitor? Shao TianyiKenney Martin In a large number of sectors, Chinese internet platform firms have grown to enormous size leveraging a rapidly growing,
21.02.2018 Julkaisut Working Papers 57 Aggregate Risks, Intergenerational Risk-Sharing and Fiscal Sustainability in the Finnish Earnings-Related Pension System Lassila Jukka We study how aggregate demographic and economic risks affect the finances of the Finnish earnings-related pension system and the
14.02.2018 Julkaisut Working Papers 56 The Effects of an Education-Leave Program on Educational Attainment and Labor-Market Outcomes Kauhanen Antti I study the effect of an education leave subsidy for the employed on labor-market outcomes and educational attainment using
01.02.2018 Julkaisut 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
02.10.2017 Julkaisut 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
29.09.2017 Julkaisut 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
23.08.2017 Julkaisut 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.
02.08.2017 Julkaisut 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
21.06.2017 Julkaisut 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,
21.02.2017 Julkaisut 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
06.02.2017 Julkaisut 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
10.01.2017 Julkaisut 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
10.01.2017 Julkaisut 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,
22.12.2016 Julkaisut 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,
