• Regulation of short-term consumer credits 

      Takalo, Tuomas
      Journal of Banking Regulation : Available online (Palgrave Macmillan, 2019)
      The regulation of short-term consumer credit markets is heatedly debated around the world. This article uses economic research as a basis for a qualitative assessment of the regulation of the short-term consumer credit ...
    • Switching costs and financial stability 

      Stenbacka, Rune; Takalo, Tuomas
      Journal of Financial Stability (Elsevier, 2019)
      We establish that the effect of intensified deposit market competition, measured by reduced switching costs, on the probability of bank failures depends critically on whether we focus on competition with established customer ...
    • Are voters rational? 

      Lyytikäinen, Teemu; Tukiainen, Janne
      European Journal of Political Economy : Available online (Elsevier, 2019)
      We test whether a voter's decision to cast a vote depends on its probability of affecting the election outcome. Using exogenous variation arising at population cutoffs determining council sizes in Finnish municipal elections, ...
    • Political representation and effects of municipal mergers 

      Harjunen, Oskari; Saarimaa, Tuukka; Tukiainen, Janne
      Political Science Research and Methods : Available online (Cambridge University Press, 2019)
      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 ...
    • How do small firms respond to tax schedule discontinuities? Evidence from South African tax registers 

      Boonzaaier, Wian; Harju, Jarkko; Matikka, Tuomas; Pirttimäki, Jukka
      International Tax and Public Finance : Forthcoming (Springer US, 2019)
      We study the responsiveness of small- and medium-sized firms to a small-business corporate income tax schedule using population-wide administrative data from South Africa. We find sizeable bunching of firms at the corporate ...
    • The spike at benefit exhaustion: The role of measurement error in benefit eligibility 

      Kyyrä, Tomi; Pesola, Hanna; Verho, Jouko
      Labour Economics (Elsevier, 2019)
      Many studies have found that the exit rate from unemployment insurance benefits to employment increases at the end of the entitlement period. The magnitude of this “spike” in the job finding rate at benefit exhaustion is ...
    • Compliance costs vs. tax incentives: Why do entrepreneurs respond to size-based regulations? 

      Harju, Jarkko; Matikka, Tuomas; Rauhanen, Timo
      Journal of Public Economics (Elsevier, 02.04.2019)
      This paper studies the mechanisms behind the responses of entrepreneurs to size-dependent tax regulation. We exploit the value-added tax (VAT) exemption threshold in Finland. Both tax incentives (remitted VAT) and compliance ...
    • Electricity prices and consumers’ long-term technology choices: Evidence from heating investments 

      Sahari, Anna
      European Economic Review (Elsevier, 2019)
      This paper studies consumers’s sensitivity to energy costs at the moment of making a long-term energy technology investment. The analysis exploits local variation in regulated electricity distribution prices that are ...
    • When does money stick in education? Evidence from a kinked grant rule 

      Saastamoinen, Antti; Kortelainen, Mika
      Education Finance and Policy : fortcoming (MIT Press, 2019)
      We study the effects of intergovernmental grants on school spending within the Finnish system of high school education funding. The system allocates lump-sum intergovernmental grants to local high school education providers ...
    • Public Procurement versus Laissez-Faire: Evidence from Household Waste Collection 

      Meriläinen, Jaakko; Tukiainen, Janne
      CESifo Economic Studies : forthcoming (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 ...
    • 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, ...
    • Economic Crises and Unemployment Persistence: Analysis of Job Losses During the Finnish Recession of the 1990s 

      Verho, Jouko
      Economica : forthcoming (Wiley, 2019)
      This study estimates the effect of job loss for Finnish workers who were displaced during a severe recession in the early 1990s. The setting provides a sample of workers of which over 90% experienced unemployment after ...
    • Does subsidized part-time employment help unemployed workers to find full-time employment? 

      Kyyrä, Tomi; Arranz, José M.; García-Serrano, Carlos
      Labour Economics (Elsevier, 2018)
      We study whether part-time work acts as a bridge towards full-time work for unemployed workers in Spain. We consider a time period when firms were encouraged to create part-time jobs by cutting employers' social security ...
    • Eliittilukioiden vaikutukset yliopisto-opintojen aloittamiseen ja koulutusalan valintaan 

      Tervonen, Lassi; Kortelainen, Mika; Kanninen, Ohto
      Yhteiskuntapolitiikka : 4 (Terveyden ja hyvinvoinnin laitos, Eläketurvakeskus, Kelan tutkimus ja Tampereen yliopiston yhteiskuntatieteiden tiedekunta, 2018)
      Lukioiden väliset erot oppimistuloksissa ja oppilaspohjassa ovat Suomessa merkittäviä ja erot korostuvat isoimmissa kaupungeissa, joissa kilpailtujen ja suosittujen lukioiden sisäänpääsyrajat ovat hyvin korkeita. Tällaisia ...
    • Expanding access to administrative data: the case of tax authorities in Finland and the UK 

      Almunia, Miguel; Harju, Jarkko; Kotakorpi, Kaisa; Tukiainen, Janne; Verho, Jouko
      International Tax and Public Finance : 3 (Springer Verlag, 2018)
      We discuss typical issues in getting access to and using high-quality administrative tax data for research purposes. We discuss research involving both quasi- and field experiments implemented together with the tax authority. ...
    • The Impact of Forced Migration on Mortality: A Cohort Study of 242,075 Finns from 1939–2010 

      Haukka, Jari; Suvisaari, Jaana; Sarvimäki, Matti; Martikainen, Pekka
      Epidemiology : 4 (Lippincott, Williams & Wilkins, 2017)
      Background: The stresses and life changes associated with migration may have harmful long-term health effects, especially for mental health. These effects are exceedingly difficult to establish, because migrants are typically ...
    • Field-of-Study Choice in Higher Education: Does Distance Matter? 

      Suhonen, Tuomo
      Spatial Economic Analysis : 4 (Taylor & Francis, 2014)
      When field-of-study options vary across higher education institutions, geographical distances may create barriers to students’ study choices. Based on this hypothesis, the present study empirically examines field-of-study ...
    • Quality of higher education and earnings: evidence from Finland using field-of-study-level quality measures 

      Suhonen, Tuomo
      International Review of Applied Economics : 1 (Taylor & Francis, 2014)
      Using administrative data from Finland, this paper empirically examines the relationship between university graduates’ early career earnings and three measures of university quality: the number of teachers per student, the ...
    • Are there returns from university location in a state-funded university system? 

      Suhonen, Tuomo
      Regional Science and Urban Economics : 3 (Elsevier, 2013)
      A location in an economically active, high-amenity region could in many ways be a significant advantage for a university and its students and thus could also be positively linked to students' subsequent earnings. Based on ...
    • R&D Subsidies and Company Performance: Evidence from Geographic Variation in Government Funding Based on the ERDF Population-Density Rule 

      Einiö, Elias
      The Review of Economics and Statistics : 4 (MIT Press, 2014)
      Despite the prevalence of R&D support programs, evaluation studies based on explicit differences in support allocation are rare. In this paper, the identification of the causal effect of R&D support on company performance ...