Selaus nimekkeen mukaan kokoelmassa Vertaisarvioidut artikkelit (Peer-reviewed articles)

    • Macroprudential measures in the housing markets – a note on the empirical literature 

      Eerola, Essi
      The Journal of Risk Finance : 3 (Emerald, 2017)
      Purpose: The global financial crisis has led to increased attention on the relationship of household indebtedness and systemic risks. As a result, macroprudential measures aimed at reducing the risks have been introduced ...
    • Mass vaccination and educational attainment: Evidence from the 1967–68 Measles Eradication Campaign 

      Barteska, Philipp; Dobkowitz, Sonja; Olkkola, Maarit; Rieser, Michael
      Journal of Health Economics : Open access (Elsevier, 10.10.2023)
      We show that the first nationwide mass vaccination campaign against measles increased educational attainment in the United States. Our empirical strategy exploits variation in exposure to the childhood disease across states ...
    • Missing miles: Evasion responses to car taxes 

      Harju, Jarkko; Kosonen, Tuomas; Slemrod, Joel
      Journal of Public Economics (Elsevier, 2020)
      We study a tax evasion response to car taxes in Finland, where used car importers overstate the mileage to reduce tax liability. First, we develop a tax evasion measure by comparing reported mileage upon import with ...
    • More and cheaper haircuts after VAT cut? On the efficiency and incidence of service sector consumption taxes 

      Kosonen, Tuomas
      Journal of Public Economics (Elsevier, 2015)
      Consumption tax rates targeted at specific sectors are often reformed without any empirical knowledge about the efficiency of these policies. This paper sheds light on tax incidence as well as the efficiency issue, the ...
    • Mortality Inequality in Finland 

      Huttunen, Kristiina; Lombardi, Stefano
      Fiscal Studies : 1 (Wiley, 2021)
      We study inequality in mortality in Finland using registry data that cover the whole population for years 1990–2018. We create municipality-level indices of regional deprivation (poverty rate), and show how age-specific ...
    • Neighbors' Effects on University Enrollment 

      Barrios-Fernández, Andrés
      American Economic Journal: Applied Economics : 3 (American Economic Association, 2022)
      This paper combines detailed geographic information and individual educational records in Chile to provide causal evidence that close neighbors significantly influence enrollment in university. I exploit the quasi-random ...
    • New Credibilistic Real Option Model Based on the Pessimism-Optimism Character of a Decision-Maker 

      Georgescu, Irina; Kinnunen, Jani; Collan, Mikael
      Data Management, Analytics and Innovation. Lecture Notes on Data Engineering and Communications Technologies : Available online (Springer Singapore, 2021)
      Fuzzy real options analysis has gained increasing attention among investment practitioners as well as investment theory-focused academics. The strength of the real option valuation (ROV) models, when compared to the more ...
    • New road infrastructure: The effects on firms 

      Gibbons, Stephen; Lyytikäinen, Teemu; Overman, Henry G.; Sanchis-Guarner, Rosa
      Journal of Urban Economics (Elsevier, 2019)
      This paper estimates the impact of new road infrastructure on employment and labour productivity using firm level longitudinal data for Britain. Exposure to transport improvements is measured through changes in accessibility, ...
    • Nonlinear Dividend Tax and the Dynamics of the Firm 

      Kari, Seppo; Laitila, Jussi
      FinanzArchiv: Public Finance Analysis : 2 (Mohr Siebeck, 2015)
      We analyze the implications of a nonlinear tax scheme for dividends using a life-cycle model of a firm. In this model new firms first enter markets; then grow internally, financing from retained earnings; and finally ...
    • O Brother, Where Start Thou? Sibling Spillovers on College and Major Choice in Four Countries 

      Altmejd, Adam; Barrios-Fernández, Andrés; Drlje, Marin; Goodman, Joshua; Hurwitz, Michael; Kovac, Dejan; Mulhern, Christine; Neilson, Christopher; Smith, Jonathan
      The Quarterly Journal of Economics : 3 (Open Access) (Oxford University Press, 2021)
      Family and social networks are widely believed to influence important life decisions, but causal identification of those effects is notoriously challenging. Using data from Chile, Croatia, Sweden, and the United States, ...
    • On the relationship between possibilistic and standard moments of fuzzy numbers 

      Stoklasa, Jan; Luukka, Pasi; Collan, Mikael
      Journal of Computational and Applied Mathematics : Open Access (Elsevier, 2022)
      In this paper we introduce a transformation of the center of gravity, variance and higher moments of fuzzy numbers into their possibilistic counterparts. We show that this transformation applied to the standard formulae ...
    • On the role of public price information in housing markets 

      Eerola, Essi; Lyytikäinen, Teemu
      Regional Science and Urban Economics (Elsevier, 2015)
      This paper studies the impact of disclosing detailed house price information on the functioning of the housing market. We first study the effects of increased information on market outcomes in a theoretical framework where ...
    • Opportunity Cost Estimation of Ecosystem Services 

      Ruijs, Arjan; Kortelainen, Mika; Wossink, Ada; Schulp, Nynke; Alkemade, Rob
      Environmental and Resource Economics : 4 (Springer Verlag, 2017)
      Land-use changes rank among the most significant drivers of change in ecosystem services worldwide. The enhancement of important services such as biodiversity and carbon sequestration requires modifications in land-use ...
    • Optimal taxation and public provision for poverty reduction 

      Kanbur, Ravi; Paukkeri, Tuuli; Pirttilä, Jukka; Tuomala, Matti
      International Tax and Public Finance : 1 (Springer Verlag, 2018)
      The existing literature on optimal taxation typically assumes there exists a capacity to implement complex tax schemes, which is not necessarily the case for many developing countries. We examine the determinants of optimal ...
    • Policy Goals for Improved Water Quality in the Baltic Sea: When do the Benefits Outweigh the Costs? 

      Hyytiäinen, Kari; Ahlvik, Lassi; Ahtiainen, Heini; Artell, Janne; Huhtala, Anni; Dahlbo, Kim
      Environmental and Resource Economics : 2 (Springer Verlag, 2015)
      This paper develops and applies a spatially explicit bioeconomic model to study transboundary nutrient pollution of the Baltic Sea. We combine catchment, marine and economic models covering the entire Baltic Sea region to ...
    • Political representation and effects of municipal mergers 

      Harjunen, Oskari; Saarimaa, Tuukka; Tukiainen, Janne
      Political Science Research and Methods : Available online (Cambridge University Press, 2021)
      We study the effects of municipal mergers using novel geocoded data on local public sector jobs and local politicians' place of residence. We find that the mergers had no effects on municipal expenditures overall after ...
    • Possibilistic fuzzy pay-off method for real option valuation with application to research and development investment analysis 

      Stoklasa, Jan; Luukka, Pasi; Collan, Mikael
      Fuzzy Sets and Systems (Elsevier, 2021)
      This paper presents the first fully possibilistic method for real option valuation of investment projects, a new possibilistic variant of the fuzzy pay-off method for real option valuation. The new variant is derived by ...
    • Post-secondary education and information on labor market prospects: A randomized field experiment 

      Pekkala Kerr, Sari; Pekkarinen, Tuomas; Sarvimäki, Matti; Uusitalo, Roope
      Labour Economics (Elsevier, 2020)
      We examine the impact of an information intervention offered to 97 randomly chosen high schools on post-secondary education applications and enrollment in Finland. Graduating students in treatment schools were surveyed and ...
    • Profitability Analysis and Financial Evaluation of Projects 

      Collan, Mikael; Savolainen, Jyrki
      In book: IEEE Technology and Engineering Management Society Body of Knowledge (TEMSBOK) (Wiley, 29.09.2023)
      This chapter presents and gives practical tools for the financial analysis and evaluation of all kinds of projects. The chapter discusses the foundations underlying modern profitability analysis, presents and illustrates ...
    • Profitability Determinants of Unlisted Renewable Energy Companies in Germany—A Longitudinal Analysis of Financial Accounts 

      Luts, Maria-Kristiine; Savolainen, Jyrki; Collan, Mikael
      Sustainability : 24, Open Access (MDPI, 2021)
      The fight against a climate crisis has urged nations and the global community to cut emissions and to define ambitious environmental goals. This has highlighted the importance of the renewable energy (RE) industry. Germany ...