Selaus nimekkeen mukaan kokoelmassa Vertaisarvioidut artikkelit (Peer-reviewed articles)
Viitteet 90-109 / 169
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Neighbors' Effects on University Enrollment
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
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
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
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
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
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
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
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
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?
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
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
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
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
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
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 ... -
Promoting education under distortionary taxation: equality of opportunity versus welfarism
The Journal of Economic Inequality : Open Access (Springer, 2022)A common claim in the policy discourse is that a government wishing to achieve equality of opportunity should use public provision of education for equalisation of opportunities rather than income taxation, which only ... -
Prospect Theory, Fairness, and the Escalation of Conflict at a Negotiation Impasse
The Scandinavian Journal of Economics : 4 (Wiley, 2020)We study a bilateral negotiation set‐up where, at a bargaining impasse, the disadvantaged party chooses whether to escalate the conflict or not. Escalation is costly for both parties, and it results in a random draw of the ... -
Public Employees as Politicians: Evidence from Close Elections
American Political Science Review : 1 (Cambridge University Press, 2018)We analyze the effect of municipal employees’ political representation in municipal councils on local public spending. We use within-party, as-good-as-random variation in close elections in the Finnish open-list proportional ... -
Public health and economic risk assessment of waterborne contaminants and pathogens in Finland
Science of The Total Environment (Elsevier, 2017)This study shows that a variety of mathematical modeling techniques can be applied in a comprehensive assessment of the risks involved in drinking water production. In order to track the effects from water sources to the ... -
Public Procurement versus Laissez-Faire: Evidence from Household Waste Collection
CESifo Economic Studies : 4 (Oxford University Press, 2019)We document that switching from laissez-faire production to public procurement in residential waste collection in Finland reduces the number of firms active in the local market, but induces a statistically significant and ...