Publikationer

27.03.2025 Working Papers 127

Service Industries, Capital Intensity, and Labour Productivity

We analyse the development of labour productivity in five service industries in Europe, the United States, and Japan. Vis-à-vis

24.03.2025 Promemoria 155

US Tariffs Would Seriously Hit the Finnish Economy

Ali-Yrkkö Jyrki

The United States has proposed large tariff increases, which will probably also apply to the EU. The majority of

20.03.2025 Promemoria 154

Productivity at its Highest at an Intermediate Intensity of Work from Home

Kangasharju AkiKauhanen AnttiPajarinen MikaRouvinen Petri

We examine the relationship between remote work intensity and labor productivity using a survey of Finnish business leaders conducted

10.03.2025 Promemoria 153

The Impact of Economic Crises on Intangible Investments: Why Did Intangible Investment Decline in Finland?

Kässi Otto

This research note examines the impact of economic crises on intangible investments, with a particular focus on why the

05.03.2025 Rapporter 160

What is Obstructing the Growth of Finnish Companies?

Laurikka Annu

The study examines the relationship between firm size and its management’s subjectively perceived growth constraints and financing limitations. Additionally,

28.02.2025 Akademiska publikationer

Micro-level Structural Change Decomposition of Carbon Productivity: Application to Electricity Generation in Finland

Kuosmanen NataliaKuosmanen TimoMaczulskij Terhi

The transition to renewable energy can lead to major structural changes within the energy sector: climate policies encourage the

27.02.2025 Akademiska publikationer

Causally-informative analyses of the effect of job displacement on all-cause and specific-cause mortality from the 1990s Finnish recession until 2020: A population registry study of private sector employees

Zellers StephanieAzzi ElissarLatvala AnttiKaprio JaakkoMaczulskij Terhi

Background: Job loss is related to morbidity and mortality, but generation of causal evidence is challenging due to confounding

24.02.2025 Working Papers 126

Hiring the First Non-native Worker and Exports

Maczulskij Terhi

This study examines whether non-native workers contribute to firms’ export growth, using matched data spanning nearly three decades and

20.02.2025 Akademiska publikationer

Firm Responses to an Interest Barrier: Empirical Evidence

Harju JarkkoKauppinen IlpoRopponen Olli

In this paper, we study the effects of an interest barrier (IB) that was introduced in Finland in 2014

19.02.2025 Promemoria 152

Finnish Trade Sector Shows Recent Productivity Gains – Future Success Hinges on Intangible Investments

Rouvinen PetriPajarinen MikaAli-Yrkkö Jyrki

We analyze value added, productivity, and tangible and intangible investments in the retail and wholesale trade sectors (hereafter, ”trade”)

18.02.2025 Akademiska publikationer

Optimal Resource Allocation: Convex Quantile Regression Approach

Dai ShengKuosmanen NataliaKuosmanen TimoLiesiö Juuso

Optimal allocation of resources across sub-units in the context of centralized decision-making systems such as bank branches or supermarket

17.02.2025 Rapporter 159

Moving Faster towards a Circular Economy: A Review of Policies and Indicators

Kuusela Olli-PekkaRopponen Olli

Finland’s Strategic Programme for a Circular Economy seeks to increase both resource productivity and circular material use rate twofold

13.02.2025 Andra publikationer

Productivity Development in the Private Sector Services in Finland and Sweden – What Explains the Differences?

Koski Heli

The level of labor productivity in the Finnish services sector has been lower and growing more slowly than in

11.02.2025 Rapporter 158

Economy at a Standstill: The Problem of High Marginal Tax Rates in Finland

Kuusi TeroKotamäki MauriKirkko-Jaakkola Mikael

Our analysis indicates that high marginal tax rates may diminish economic activity and weaken public finances in Finland. The

31.01.2025 Akademiska publikationer

Winners and Losers of Generative AI: Early Evidence of Shifts in Freelancer Demand

Teutloff OleEinsiedler JohannaKässi OttoBraesemann FabianMishkin Pameladel Rio-Chanona R. Maria

We examine how ChatGPT has changed the demand for freelancers in jobs where generative AI tools can act as

28.01.2025 Rapporter 157

The Behavioral Effects of Inheritance, Estate and Gift Taxes

Ropponen Olli

This report examines the behavioral effects of inheritance, estate and gift taxes. It also provides an overview of inheritance,

23.01.2025 Andra publikationer

The Effects of Covid-19 Business Subsidies in Finland – Final Report

Ropponen OlliKoski HeliKässi OttoYlhäinen IlkkaMarkkanen Jaakko

This report evaluates the effectiveness of business support measures introduced in Finland in response to the COVID-19 pandemic. It

20.01.2025 Working Papers 125

Do Public Subsidy Schemes Foster Innovation and Competitiveness in Energy-Intensive Industries?

Koski HeliWang Maria

This study evaluates the impacts of public subsidies on firms in energy-intensive industries, focusing on R&D subsidies and compensation

02.01.2025 Working Papers 124

Immigration and Innovation in Finnish Manufacturing Firms

Maczulskij Terhi

Abstract This study examines the relationship between immigration and firmlevel innovation in the Finnish manufacturing sector. The analysis leverages

31.12.2024 Working Papers 123

Passthrough of Retail Price Regulation in the Market for Pharmaceuticals

Markkanen Jaakko

I study the transmission of pharmacy mark-ups to retail prices and the policy between retail markups and Value Added

30.12.2024 Promemoria 151

Corporate Tax Rate Reduction Is More Beneficial Than You Think

Kangasharju Aki

The way economists usually calculate the effects of corporation tax on the economy is flawed. The reduction in corporation

18.12.2024 Promemoria 150

Assessment of the Size and Impact of the Data Economy in Finland

Koski HeliAnttila JohannesBjörk AnnaDjakonoff VeraKässi OttoNiemi-Hugaerts HannaPajarinen MikaParkkari Jussi-Pekka

Within the scope of the available register data, the role of data in the economy is best estimated using

18.12.2024 Promemoria 149

Databarometer: An International Comparison of the Data Economy