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,
13.10.2016 Julkaisut Working Papers 44 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 43 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 42 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 41 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 40 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 39 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 38 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 37 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 36 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
02.03.2016 Julkaisut Working Papers 35 Forecasting Unemployment with Google Searches Tuhkuri Joonas Data on Google searches help predict the unemployment rate in the U.S. But the predictive power of Google searches
15.02.2016 Julkaisut Working Papers 34 Network Positioning through Manufacturing Services – Lessons from the Contract Manufacturing Industry Viitamo EsaLuoto SeppoSeppälä Timo Through early adoption of new production technologies and service-based rivalry on the outsourcing customers, contract manufacturers integrate and enhance
