Selaus syöttöajan mukaan kokoelmassa VATT Discussion Papers (1990-2008)

    • Anticipating Tax Changes: Evidence from the Finnish Corporate Income Tax Reform of 2005 (Updated version VATT Discussion papers 447) 

      Kari, Seppo; Karikallio, Hanna; Pirttilä, Jukka
      VATT-keskustelualoitteita : 426 (Valtion taloudellinen tutkimuskeskus VATT, 15.10.2007)
      Using register-based panel data covering all Finnish firms in 1999–2004, we examine how corporations anticipated the 2005 dividend tax increase via changes in their dividend and investment policies. The Finnish capital and ...
    • Secessions of Municipal Health Centre Federations: Expenditure and Productivity Effects 

      Luoma, Kalevi; Moisio, Antti; Aaltonen, Juho
      VATT-keskustelualoitteita : 425 (Valtion taloudellinen tutkimuskeskus VATT, 13.09.2007)
      We examine the expenditure and efficiency effects of secessions of health centre federations between 1990 and 2003. Using both regression and matching techniques we find statistically significant effects. According to ...
    • Wage and Earnings Losses of Displaced Workers in Finland 

      Appelqvist, Jukka
      VATT-keskustelualoitteita : 422 (Valtion taloudellinen tutkimuskeskus VATT, 25.05.2007)
      Abstract: The purpose of this study is to investigate the cost of job displacement for private sector workers displaced in Finland during the years 1992 and 1997. Our main goal is to measure the ways in which involuntary ...
    • The Increased Revenue from Finnish Corporate Income Tax in the 1990s 

      Kosonen, Tuomas
      VATT-keskustelualoitteita : 421 (Valtion taloudellinen tutkimuskeskus VATT, 25.05.2007)
      In 2000, revenues from corporate income tax (CIT) in Finland were seven times higher than in 1994. We decompose the aggregate development of CIT revenues in a number of ways in order to establish what aspects of corporate ...
    • The Effect of Three-rate Property Taxation on Housing Construction 

      Lyytikäinen, Teemu
      VATT-keskustelualoitteita : 419 (Valtion taloudellinen tutkimuskeskus VATT, 03.05.2007)
      This paper examines the effect on housing construction of taxing undeveloped residential land at a higher rate than developed land. In 2001, Finnish municipalities were allowed to levy an extra property tax on undeveloped ...
    • Nordic Dual Income Taxation of Entrepreneurs 

      Kari, Seppo; Kanniainen, Vesa; Ylä-Liedenpohja, Jouko
      VATT-keskustelualoitteita : 415 (Valtion taloudellinen tutkimuskeskus VATT, 05.04.2007)
      The paper shows how entrepreneurial taxes interact with the career choice of individuals, the quality of entrepreneurs, and their investment behavior. It is particularly relevant to differentiate the early effects on ...
    • Tax Treatment of Dividends and Capital Gains and the Dividend Decision Under Dual Income Tax 

      Kari, Seppo; Karikallio, Hanna
      VATT-keskustelualoitteita : 416 (Valtion taloudellinen tutkimuskeskus VATT, 05.04.2007)
      The paper analyses efficiency aspects of a dual income tax system with a higher tax on capital gains than dividends. It argues that apart from the distortions to investments claimed in earlier literature, the system puts ...
    • Economic Poverty in Finland 1971-2004 

      Sullström, Risto; Riihelä, Marja; Tuomala, Matti
      VATT-keskustelualoitteita : 418 (Valtion taloudellinen tutkimuskeskus VATT, 16.03.2007)
      In this paper we examined trends in the economic poverty in Finland using two data sources, the IDS (Income Distribution Survey) and the CES (Consumption Expenditure Survey). We drew on the recent literature on poverty ...
    • Economic Implications of Differences in Member State Regulations for the European Union Emission Trade System 

      Perrels, Adriaan
      VATT-keskustelualoitteita : 412 (Valtion taloudellinen tutkimuskeskus VATT, 14.02.2007)
      This report discusses the economic implications of the regulatory organisation of the European Emission Trade System (EU ETS) in the member states, and more in particular the consequences of differences between national ...
    • Innovation Performance of Firms in Manufacturing Industry: Evidence from Belgium, Finland and Germany in 1998-2000 

      Seppä, Elina
      VATT-keskustelualoitteita : 414 (Valtion taloudellinen tutkimuskeskus VATT, 14.02.2007)
      The objective of this study is to study whether the R&D expenditures in Finnish firms generate better innovation output than in Belgian and German firms following the studies of Mohnen et al. (2006) and Mohnen and Dagenais ...
    • Turkish EU Membership: A Simulation Study on Economic Effects 

      Sulamaa, Pekka; Widgrén, Mika
      VATT-keskustelualoitteita : 410 (Valtion taloudellinen tutkimuskeskus VATT, 12.01.2007)
      This paper evaluates the economic effects of Turkish EU membership. The evaluation is based on the widely utilized computable general equilibrium called model GTAP (Global Trade Analysis Project). Imperfect competition is ...
    • Durable Goods and Household Saving Ratios in the Euro Area 

      Jalava, Jukka; Kavonius, Ilja Kristian
      VATT-keskustelualoitteita : 409 (Valtion taloudellinen tutkimuskeskus VATT, 29.12.2006)
      The purpose of this paper is to estimate the impact of capitalising durable goods on the Euro area (EA) countries' and the EA-aggregate's household saving ratios and disposable incomes. The reason for this exercise is ...
    • Employment Effects of a Payroll-Tax Cut: Evidence from a Regional Tax Exemption Experiment 

      Korkeamäki, Ossi; Uusitalo, Roope
      VATT-keskustelualoitteita : 407 (Valtion taloudellinen tutkimuskeskus VATT, 21.11.2006)
      In this paper we evaluate the effects of a regional experiment that reduced payroll taxes by 3-6 percentage points in Northern Finland for three years. We match each firm in the target region with a similar firm in the ...
    • The Micro-Level Dynamics of Declining Labour Share: Lessons from the Finnish Great Leap 

      Kyyrä, Tomi; Maliranta, Mika
      VATT-keskustelualoitteita : 406 (Valtion taloudellinen tutkimuskeskus VATT, 21.11.2006)
      In contrast with the experiences of the UK and the US, the distribution of labour and capital income has changed sharply in favour of capital in most Continental European and Nordic countries during the past two decades. ...
    • Impacts of the European Emission Trade System on Finnish Wholesale Electricity Prices 

      Perrels, Adriaan; Honkatukia, Juha; Mälkönen, Ville
      VATT-keskustelualoitteita : 405 (Valtion taloudellinen tutkimuskeskus VATT, 08.11.2006)
      This study deals with the matter to what extent the costs of the EU Emission Trade System (EU ETS) end up in the electricity prices. The study encompasses both a theoretical and an empirical review of electricity price ...
    • Guide to FUSSEP (Finnish University Students Socio-Economic Preferences) 2005 round 

      Venetoklis, Takis
      VATT-keskustelualoitteita : 404 (Valtion taloudellinen tutkimuskeskus VATT, 08.11.2006)
      The paper serves as a guide to the FUSSEP (Finnish University Students Socio-Economic Preferences) database – 2005 round. The data were gathered via an Internet mail survey in the Fall of 2005. The target population was ...
    • Fiscal Policy in the 1920s and 1930s. How much different it is from the post war period's policies 

      Virén, Matti
      VATT-keskustelualoitteita : 402 (Valtion taloudellinen tutkimuskeskus VATT, 08.11.2006)
      This paper deals with the fiscal behaviour of governments in the 1920s and 1930s. The intention is to see whether there were the same features in government behaviour as in the post-World War II era. In particular, attention ...
    • Impact of Alternative Benefit Levels and Parental Choices on the Parent's Income 

      Haataja, Anita; Mattila-Wiro, Päivi
      VATT-keskustelualoitteita : 399 (Valtion taloudellinen tutkimuskeskus VATT, 29.09.2006)
      One aim of the Finnish parental leave benefit scheme (maternity-, paternity and parental leave benefits) is to support the participation of both mothers and fathers in caring their child since her/his birth. Most fathers ...
    • Reduction in the Long-Term Unemployment of the Elderly: A Success Story from Finland Revised 

      Kyyrä, Tomi; Wilke, Ralf A.
      VATT-keskustelualoitteita : 396 (Valtion taloudellinen tutkimuskeskus VATT, 28.06.2006)
      In several European countries the elderly unemployed are allowed to collect unemployment benefits up to a certain age limit, after which they can retire via some early retirement scheme. In Finland the eligibility age of ...
    • Investment Incentives in Closely Held Corporations and Finland's 2005 Tax Reform 

      Kari, Seppo; Hietala, Harri
      VATT-keskustelualoitteita : 392 (Valtion taloudellinen tutkimuskeskus VATT, 04.05.2006)
      This paper analyses the effects of the recent Finnish income tax reform on the behaviour of a closely held corporation (CHC) and its owners. The main elements of the reform are cuts in corporate and capital income tax rates ...