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

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

26.01.2016 Julkaisut Working Papers 33

The EU’s Fiscal Targets and Their Economic Impact in Finland

Keränen HenriKuusi Tero

In this paper, we quantify time-varying fiscal multipliers using Finnish economic data and address questions about the design of

23.09.2015 Julkaisut Working Papers 32

The Finnish Great Depression of the 1990s: Soviet Trade or Home-Made?

Kuusi Tero

This paper reconsiders the reasons for the Finnish Great Depression.The paper argues that during the crisis Finland experienced institutional

24.08.2015 Julkaisut Working Papers 31

Structural Reforms and Stabilization Policies in the Euro Area

Alho Kari E.O.

Specifying a structurally built NKM model for EMU, and identifying in it the determinants of the potential output and

14.08.2015 Julkaisut Working Papers 30

Commercial success of innovation: the roles of R&D cooperation and firm age

Koski Heli

Data comprising 1790 Finnish firms and covering the years 2006-2012 suggest that turnover from innovative sales per employee were

21.04.2015 Julkaisut Working Papers 29

Unemployment Accounts – A Finnish Application

Määttänen NikuSalminen Tomi

We consider a reform that would replace the current Finnish unemployment insurance (UI) scheme with individual unemployment accounts. The

25.02.2015 Julkaisut Working Papers 28

GDP Growth in Russia: Different Capital Stock Series and the Terms of Trade

Kaitila Ville

Taloustieteellisessä kirjallisuudessa on erilaisia arvioita siitä, onko Venäjän bkt:n kasvun taustalla kokonaistuottavuuden vai kiinteiden investointien kehitys. Tutkimukset, joissa rakennetaan

05.01.2015 Julkaisut Working Papers 27

Mobility of ideas for innovation: The role of inventor-specific knowledge flows

Koski HeliPajarinen Mika

Our data from 351 innovating firms for the years 2001–2012 generally suggest that patentable ideas are strongly linked to

04.09.2014 Julkaisut Working Papers 26

Service productivity, technology and organization – Converting theory to praxis

Viitamo Esa

The growth of services - leveraged by the servitization of manufacturing - stresses the urgency of novel approaches and

06.08.2014 Julkaisut Working Papers 25

Knowledge Complementarity of a Firm’s Internal and External R&D Capabilities

Koski HeliSvento Rauli

We use data from over 1500 Finnish companies for the years 2006-2008 and 2008-2010 to explore complementarity of a

09.04.2014 Julkaisut Working Papers 24

Longevity, Working Lives and Public Finances

Lassila JukkaValkonen Tarmo

Can longer working lives bring sufficient tax revenues to pay for the growing public health and care expenditure that

28.02.2014 Julkaisut Working Papers 23

Consolidation under the Europe’s New Fiscal Rules: Analyzing the Implied Minimum Fiscal Effort

Kuusi Tero

EU:n uudet finanssipoliittiset säännöt asettavat monia päällekkäisiä tavoitteita ja aikatauluvaatimuksia julkistalouden tasapainotuksille. Onkin epäselvää, miten voimakkaita toimenpiteitä vaaditaan, jotta

20.12.2013 Julkaisut Working Papers 22

The Impact of the USO on the Profitability of Postal Service Provision in Finland

Koski Heli

This study aims at investigating the order of magnitude of financial burden of the universal service obligation for the

26.09.2013 Julkaisut Working Papers 21

Performance Pay and Enterprise Productivity: The Details Matter

Kato TakaoKauhanen Antti

Much of the empirical literature on PRP (Performance Related Pay) focuses on a question of whether the firm can

24.09.2013 Julkaisut Working Papers 20

Empirical Evidence on the Dynamics of Incentive Plans

Kato TakaoKauhanen AnttiSalmi Julia

Using three different waves of a survey on compensation practices from 2005, 2007, and 2010, we study the dynamics

24.09.2013 Julkaisut Working Papers 19

The Performance Effects of Individual and Group Incentives: A Case Study

Kato TakaoKauhanen AnttiKujansuu Essi

We study a warehouse that changes its incentive plan from a group plan to an individual plan. We focus