25.05.2018 Julkaisut Working Papers Investor attention and technology salience: Does personal data related innovation boost firm value? Koski HeliLuukkonen Juha Abstract This paper empirically analyzes how markets value personal data related innovation in four prominent domains, in which firms’
05.03.2018 Julkaisut Working Papers 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 Aggregate risks, intergenerational risk-sharing and fiscal sustainability in the Finnish earnings-related pension system Lassila Jukka Abstract: We study how aggregate demographic and economic risks affect the finances of the Finnish earnings-related pension system and
14.02.2018 Julkaisut Working Papers 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 Parental Job Loss and Application Decisions in Finnish Post-Secondary Education Laukkonen Marja-Lisa Abstract In Finland, there are no tuition or application fees for post-secondary education. However, the application and admission processes
02.10.2017 Julkaisut Working Papers 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 The (Unfulfilled) Potential of Data Marketplaces Koutroumpis PantelisLeiponen AijaThomas Llewellyn D W Abstract Although industrial datasets are abundant and growing daily, they are not being shared or traded openly and transparently
23.08.2017 Julkaisut Working Papers Invention Machines: How Control Instruments and Information Technologies Drove Global Technologigal Progress over a Century of Invention Koutroumpis PantelisLeiponen AijaThomas Llewellyn D W Abstract Inventions depend on skills, experience, and information exchange. Information is shared among individuals and organizations both intentionally and
02.08.2017 Julkaisut Working Papers 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 Abstract Although innovation opportunities within the ICT industry are assumed high in comparison with other industries because of their
21.06.2017 Julkaisut Working Papers Export product range and economic performance – An emphasis on small advanced EU countries Kaitila Ville Abstract: We analyse the number of different HS8 products in the EU countries’ ex-ports in 1995–2015. We review what
21.02.2017 Julkaisut Working Papers 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 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 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 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 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,
13.10.2016 Julkaisut Working Papers 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
11.10.2016 Julkaisut Working Papers 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
06.10.2016 Julkaisut Working Papers 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
03.10.2016 Julkaisut Working Papers 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
20.09.2016 Julkaisut Working Papers 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
03.06.2016 Julkaisut Working Papers 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
10.05.2016 Julkaisut Working Papers 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
08.03.2016 Julkaisut Working Papers Estimating Production Functions of Multiproduct Firms Valmari Nelli Abstract Despite the fact that multiproduct firms constitute a considerable share of firms and account for an even greater
11.03.2016 Julkaisut Working Papers 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
