Publikationer

18.06.2026 Working Papers 142

Productivity Dynamics of Mergers, Acquisitions and Restructuring

Kuosmanen NataliaKuosmanen TimoMaczulskij Terhi

A substantial share of firm entry and exit observed in register-based data reflects mergers, acquisitions, spin-offs, and other forms

15.06.2026 Promemoria 184

What Would a Four-day Work Week Cost Finnish Exports? Factor Prices and Export Price Competitiveness

Markkanen JaakkoSiikanen MarkkuValmari Nelli

We assess what a four-day, 32-hour work week would cost Finland’s goods exports across nine large commodity markets. Absent

15.06.2026 Working Papers 141

Beggar-Thy-Neighbor by Other Means

Markkanen JaakkoSiikanen MarkkuValmari Nelli

A country that cannot devalue its currency can still cut its exporters’ costs through industrial policy and steal business

10.06.2026 Rapporter 178

Extending the Carbon Border Adjustment Mechanism to Indirect Emissions: Implications for Finland

Wang MariaKuusi Tero

This report examines the planned extension of the EU Carbon Border Adjustment Mechanism (CBAM) to indirect emissions and its

09.06.2026 Promemoria 183

Value Creation in the Geoeconomic Transformation of the 5G and 6G Era

Koski HeliRouvinen PetriAli-Vehmas TimoHyvärinen NinaLakaniemi IlkkaLehtinen RistoMäki Denisa

5G and 6G are more than communications infrastructures: they provide a foundation for data- and software-driven value creation, productivity

09.06.2026 Promemoria 182

Geopolitical Rivalry Reshapes Global Innovation Networks

Koski Heli

Geopolitical tensions have increasingly extended to the development of strategic technologies. In particular, technological rivalry between the United States

09.06.2026 Working Papers 140

Geopolitical Fragmentation and the Geography of 5G Innovation

Koski Heli

This study examines how the U.S.–China technological rivalry reshapes inventive collaboration in core 5G infrastructure technologies. Using 106,117 priority

08.06.2026 Promemoria 181

The EU ETS Stimulated Innovation Without Productivity Losses

Maczulskij Terhi

TThe EU ETS is the main climate policy instrument in the European Union. By putting a price on carbon

08.06.2026 Working Papers 139

The Effect of EU ETS on Firm Productivity and Innovation-related Activity

Maczulskij Terhi

This study examines the impact of the EU Emission Trading System on firms’ productivity and innovation behavior in the

04.06.2026 Akademiska publikationer

Who Gains from Agglomeration? The Wage, Productivity, and Cost Effects of Transport Improvements on Firms and Workers

Riukula KristaVäänänen Touko

We study the impact of transport-induced agglomeration on worker earnings and establishment-level outcomes in the Helsinki region, Finland, using

28.05.2026 Akademiska publikationer

Childhood Shocks and Fertility – Evidence from Parental Job Loss

Riukula Krista

This paper examines whether adverse childhood economic shocks affect fertility in adulthood. Using Finnish administrative data and plant closures

26.05.2026 Promemoria 180

Innovations, International Trade and the Green Transition as Drivers of Finnish Economic Growth

Kaitila VilleKuosmanen NataliaMaczulskij Terhi

This brief examines the links between research and development (R&D), innovation, international trade, and the green transition in Finland.

19.05.2026 Rapporter 177

Corporate Restructuring and Creative Destruction

Kuosmanen NataliaKuosmanen TimoMaczulskij Terhi

A substantial share of firm entries and exits observed in administrative data occur through mergers, acquisitions, and other forms

19.05.2026 Promemoria 179

Persistence of Market Power: The Limits of Firm Dynamics and Competition in Finland

Markkanen Jaakko

Average markups of Finnish firms remain stable, but this stability conceals a substantial structural shift: low-markup firms have lost

20.04.2026 Andra publikationer

The Value Chains of the Nordics – Tracking Resilience and Vulnerabilities

Ali-Yrkkö JyrkiBøegh Nielsen Peter

The global economy is rapidly moving into a geo-economic era defined by increasing geopolitical tensions and rising protectionism, directly

15.04.2026 Working Papers 138

DemoGraphics – Population in Pictures

Alho Juha

The recent drastic decline of fertility has further worsened the negative intrinsic growth of Finland. The country appears to

10.04.2026 Akademiska publikationer

Firm-level Responses to Export Demand Shocks: Swedish and Finnish Exporters

Maczulskij TerhiEl-Sahli ZouheirNilsson Hakkala Katariina

We study how incumbent exporters adjust to firm-specific export demand shocks, using matched firm-, product- and destination-level data for

07.04.2026 Promemoria 178

AI Has a Neutral or Even Positive Association with the Well-Being of Finnish Wage Earners

Kauhanen AnttiRouvinen Petri

Based on Statistics Finland’s Quality of Work Life Survey, we find that AI use, or its intensity, is not

07.04.2026 Working Papers 137

AI and Worker Well-being: Evidence from a Nationally Representative Study

Bryson AlexKauhanen AnttiRouvinen Petri

Utilizing nationally representative cross-sectional and longitudinal data from Finland (2018–2023), we provide a population-level assessment of the relationship between

27.03.2026 Akademiska publikationer

Which Discoveries Are Paradigm Shifting?

Ashouri SajadHajikhani ArashHyytinen AriRouvinen PetriSuominen Arho

To more closely align theories of paradigm-shifting discoveries and their empirical quantification, we propose a novel measure that incorporates

23.03.2026 Promemoria 177

How Does Immigration Affect the Finnish Economy?

Kauhanen Antti

Immigration affects the Finnish economy in various ways, including through the labour market, productivity, and public finances. The economic

23.03.2026 Rapporter 176

Economic Impacts of Immigration: The Structure of Immigration and Integration Play a Determining Role