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Investment Incentives in Closely Held Corporations and Finland's 2005 Tax Reform
(Valtion taloudellinen tutkimuskeskus VATT, 2006-05-04)
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 ...
Finland's First 10 Years in the European Union - Economic Consequences
(Valtion taloudellinen tutkimuskeskus VATT, 2006-01-13)
This paper summarizes the economic performance of Finland in 1995–2004 and compares the actual developments to the projections made prior to the EU membership. The paper also assesses the impacts of the structural changes ...
Rent Control and Tenants' Welfare: The Effects of Deregulating Rental Markets in Finland
(Valtion taloudellinen tutkimuskeskus VATT, 2006-03-21)
Private rental markets in Finland were subject to rent control from 1967 until the beginning of the 1990s when the rent control system was gradually abolished. This study estimates the costs and benefits of rent control ...
Durable Goods and Household Saving Ratios in the Euro Area
(Valtion taloudellinen tutkimuskeskus VATT, 2006-12-29)
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 ...
Are Government Expenditures Productive? Measuring the Effect on Private Sector Production
(Valtion taloudellinen tutkimuskeskus VATT, 2006-03-03)
This paper analyses the productivity of public expenditures. It follows the branch of literature originated by Aschauer but has also some novel features. First of all, it focuses on the effect of both public investment and ...
Guide to FUSSEP (Finnish University Students Socio-Economic Preferences) 2005 round
(Valtion taloudellinen tutkimuskeskus VATT, 2006-11-08)
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 ...
Aspects of Globalization
(Valtion taloudellinen tutkimuskeskus VATT, 2006-01-03)
The author deals with the costs and benefits of globalisation. He also gives a simple explanation of the core economic forces behind the globalisation. The current technical development favours the decline of the fixed ...
Fiscal Policy in the 1920s and 1930s. How much different it is from the post war period's policies
(Valtion taloudellinen tutkimuskeskus VATT, 2006-11-08)
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 ...
Unemployment and Subjective Well-being: Does Money Make a Difference
(Valtion taloudellinen tutkimuskeskus VATT, 2006-05-04)
In this paper we focus on the level of subjective well-being and its determinants among the unemployed as compared with those currently in paid labour. In theoretical terms, strongly contradictory views prevail on the ...