Publikationer

23.08.2018 Promemoria Publikationer

Finland Needs New Ways of Financing Transport Infrastructure

Hyytinen AriMäättänen NikuVihriälä Vesa

Motor fuel tax revenue is likely to decrease in the coming years because of the shift to electric cars.

09.05.2018 Akademiska publikationer Publikationer

Performance Pay and Enterprise Productivity: The Details Matter

Kato TakaoKauhanen Antti

Purpose The purpose of this paper is to provide novel and rigorous evidence on the productivity effect of varying

12.07.2018 Akademiska publikationer Publikationer

Expanding the Platform: Smart Contracts as Boundary Resources

Lauslahti KristianMattila JuriHukkinen TaneliSeppälä Timo

Platform businesses are born global, with instant access to global markets. Thanks to the algorithmic, self-executing and self-enforcing computer

07.08.2018 Akademiska publikationer Publikationer

Output Gap Uncertainty and the Optimal Fiscal Policy in the EU

Kuusi Tero

Abstract Using a novel dataset, I quantify the magnitude of the EU-27 countries’ output gap revisions in 2002–2014, and

12.07.2018 Akademiska publikationer Publikationer

Distributed Governance in Multi-sided Platforms: A Conceptual Framework from Case: Bitcoin

Mattila JuriSeppälä Timo

Over the last decade, blockchain technology has facilitated a method by which a network of equipotent and equally privileged

11.07.2018 Promemoria Publikationer

Forecasting activity at Etla in 1971–2018

Kotilainen Markku

The Research Institute of the Finnish Economy (Etla) started its business cycle forecasting activity in 1971. Forecasts have thus

25.06.2018 Promemoria Publikationer

Regional economic disparities in Finland

Fornaro Paolo

In this note, I study the Finnish regional dispersion of economic indicators such as the GDP per capita, labour

15.06.2018 Akademiska publikationer Publikationer

The Finnish Great Depression of the 1990s: reconciling theory and evidence

Kuusi Tero

Abstract This paper reconciles quantitative macroeconomic theory of the Finnish Great Depression and the empirical evidence. The main controversy

05.06.2018 Promemoria Publikationer

The Role of Individuals, Firms and the Society in Lifelong Learning

Kauhanen Antti

Labor market restructuring has sparked discussion on lifelong learning. One important question deals with the proper distribution of responsibility

25.05.2018 Promemoria Publikationer

Do Personal Data Related Innovation Boost Firm Value?

Koski Heli

Personal data is increasingly used in business value creation. Data from the years 2007–2014 suggest that firms’ personal data

25.05.2018 Publikationer Working Papers 59

Investor Attention and Technology Salience: Does Personal Data Related Innovation Boost Firm Value?

Koski HeliLuukkonen Juha

This paper empirically analyzes how markets value personal data related innovation in four prominent domains, in which firms’ potential

09.05.2018 Promemoria Publikationer

Lightweight Suggestion from the Commission to Reform the Financing of the EU Budget

Valkonen Tarmo

EU budget is currently financed almost fully by Own Resources, which are based on customs, Gross National Income, and

30.04.2018 Andra publikationer Publikationer

Summary report of the FIRSTRUN project

Määttänen NikuAlcidi Cinzia

Introduction This report provides a brief overview of the project and summarises its most policy-relevant results. It also describes

12.04.2018 Promemoria Publikationer

Market Discipline and Liquidity Key Issues in the EMU Reform

Vihriälä Vesa

The EMU institutions need to be reformed. There is, however, a deep disagreement about the right way to proceed.

09.03.2018 Publikationer Rapporter 82

Economic Dynamics and Changes in Values and Attitudes among Finnish Regions: A Descriptive Analysis

Fornaro Paolo

Finland is characterized by a substantial heterogeneity across its regions. Key economic indicators, such as the GDP per capita

05.03.2018 Publikationer Working Papers 58

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,

26.02.2018 Publikationer Rapporter 81

The Application of Artificial Intelligence at Chinese Digital Platform Giants: Baidu, Alibaba and Tencent

Jia KaiKenney MartinMattila JuriSeppälä Timo

The Chinese digital platform giants – Baidu, Alibaba and Tencent – have quickly risen to be amongst the most

21.02.2018 Publikationer 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 Publikationer 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

07.02.2018 Promemoria Publikationer

Etla’s Forecast Errors in 2014–2017

Berg-Andersson BirgittaKaitila VilleKaseva HannuKotilainen MarkkuLehmus Markku

In forecasts for years 2014–2015 the Finnish GDP growth was overestimated, and in forecasts for years 2016–2017 it was

01.02.2018 Promemoria Publikationer

Parental Income and Application Decisions in Post-secondary Education

Laukkonen Marja-Lisa

In 2018, the higher education institutions should no longer use entrance examinations that require extensive preparation and, instead, evaluate

01.02.2018 Publikationer Working Papers 55

Parental Job Loss and Application Decisions in Finnish Post-Secondary Education