Selaus nimekkeen mukaan kokoelmassa VATT Discussion Papers (1990-2008)
Viitteet 14-33 / 198
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Bank Mergers, Interest Rates and the Fragility of Loan Markets
VATT-keskustelualoitteita : 113 (Valtion taloudellinen tutkimuskeskus VATT, 01.01.1996)We model the interaction between the concentration of the banking sector and the investment strategies of imperfectly competitive firms in the product market to address the question of whether competition makes loan markets ... -
Belgium as a small open economy in the core of Europe
VATT-keskustelualoitteita : 109 (Valtion taloudellinen tutkimuskeskus VATT, 01.01.1995)Small open economies in Europe share many of the same characteristics, policy choices and economic problems. This paper argues that Belgium is profoundly affected by its position as a small open economy in the core of the ... -
Bequests and Cost-Benefit Analysis
VATT-keskustelualoitteita : 117 (Valtion taloudellinen tutkimuskeskus VATT, 01.01.1996)Consider a public project which produces a consumption good and which benefits future generations. Let a conventional cost-benefit analysis find that it gives higher benelits than projects it would displace in the private ... -
Business Cycle, unemployment Trap and Effects of Economic Incentives on Job Finding Probability
VATT-keskustelualoitteita : 175 (Valtion taloudellinen tutkimuskeskus VATT, 01.01.1998)This paper considers the sensitivity of the household's disposable income with respect to the labour market states and the labour market transitions of unemployed workers. The paper analyses the following questions: (i) ... -
Business Subsidies and Employment of Firms: Overall Evaluation and Regional Extension
VATT-keskustelualoitteita : 268 (Valtion taloudellinen tutkimuskeskus VATT, 11.03.2002)This paper investigates the effects of business subsidies on the employment of firms in Finland, and explores possible regional differences in the effects. Employment of some 26,000 firms is followed annually between ... -
The changing role of international investment in the mining sector - the case of Bolivia
VATT-keskustelualoitteita : 3 (Valtion taloudellinen tutkimuskeskus VATT, 01.01.1991) -
Classical Corporation Tax as a Global Means of Tax Harmonization
VATT-keskustelualoitteita : 266 (Valtion taloudellinen tutkimuskeskus VATT, 19.02.2002)Classical corporation tax entails double taxation of corporate income. The alternative practice of imputing corporation tax to the domestic recipients of dividends is shown, in the case of a company with international ... -
Comparative Analysis on the Job-Broking Market in Japan and Finland
VATT-keskustelualoitteita : 370 (Valtion taloudellinen tutkimuskeskus VATT, 30.11.2005)This study compares the job-broking market of Japan and Finland. The study is based on statistical and literature analysis and interviews at the Public Employment Service. The Japanese labour market can be divided into a ... -
Competing risks for vacancy durations and endogenous common dependence
VATT-keskustelualoitteita : 107 (Valtion taloudellinen tutkimuskeskus VATT, 01.01.1995)The paper presents a discussion how firms rationally adjust the level of their recruitment effort in relation to the ease of filling the vacancy through public unemployment offices. This induces dependence between the ... -
Cost of Capital for Cross-border Investment: The Fallacy of Estonia as a Tax Haven
VATT-keskustelualoitteita : 367 (Valtion taloudellinen tutkimuskeskus VATT, 28.04.2005)The initial cost of capital of a foreign subsidiary, financed by its parent from abroad, is dependent on repatriation taxes and this also applies to all follow-up investments financed from marginal foreign profits, ... -
Cross-country Evidence on a Nonlinear Okun Curve
VATT-keskustelualoitteita : 239 (Valtion taloudellinen tutkimuskeskus VATT, 31.12.2000)This paper presents cross-country evidence on a nonlinear Okun curve. The analysis is based on a simple error-correction model of unemployment. The model is estimated using a threshold model estimator. Evidence from 20 ... -
Demographic Factors and the Demand for Housing in the Helsinki Metropolitan Area
VATT-keskustelualoitteita : 191 (Valtion taloudellinen tutkimuskeskus VATT, 01.01.1999)We examine the role of demographics on the housing market in the Helsinki Metropolitan Area (HMA) using the Mankiw and Weil (1989) approach. First, we estimate housing demand for each age group in HMA using cross section ... -
Demography, Pensions and Welfare: Fertility Shocks and the Finnish Economy
VATT-keskustelualoitteita : 131 (Valtion taloudellinen tutkimuskeskus VATT, 01.01.1996)The economic effects of an ageing population are preoccupying policy-makers in most industrial countries. In this paper, we study the economic impact of the demographic shock in Finland, a country for which the post-war ... -
Determinants of Expenditure Variation in Finnish Municipalities
VATT-keskustelualoitteita : 269 (Valtion taloudellinen tutkimuskeskus VATT, 19.03.2002)This paper focuses on two separate issues. First, the expenditure response of Finnish municipalities to price and income changes during the matching grants period is examined. Second, the existence of the so-called "flypaper ... -
Determinants of Health Care Expenditures in Finnish Hospital Districts 1993-2005
VATT-keskustelualoitteita : 429 (Valtion taloudellinen tutkimuskeskus VATT, 08.11.2007)This study assesses which factors explain the development of health care expenditures in Finnish hospital districts during 1993–2005. According to the results, real health care expenditures in hospital districts during the ... -
The Determinants of Unemployment Duration by Gender in Finland
VATT-keskustelualoitteita : 316 (Valtion taloudellinen tutkimuskeskus VATT, 24.11.2003)This paper models unemployment durations for men and women in Finland using a nationally representative data set from 1997. We begin with a baseline model where durations are modelled using a single risk discrete time ... -
A Distributional Analysis of Displacement Costs in an Economic Depression and Recovery
VATT-keskustelualoitteita : 465 (Valtion taloudellinen tutkimuskeskus VATT, 31.12.2008)We study the earnings losses of Finnish private sector workers who lost their jobs at two very different points in the business cycle. The first group was displaced in 1992 (depression period) and the second one in 1997 ... -
Do automatic stabilisers take care of asymmetric shocks in the euro area?
VATT-keskustelualoitteita : 234 (Valtion taloudellinen tutkimuskeskus VATT, 01.12.2000)This paper deals with the question whether the automatic fiscal stabilisers are strong enough to solve the problem of asymmetric shocks in the Euro area. The question is important for many reasons, for instance in terms ... -
Do Wage-subsidies Increase Employment in Firms?
VATT-keskustelualoitteita : 304 (Valtion taloudellinen tutkimuskeskus VATT, 19.05.2003)The literature evaluating active labour market programmes concentrates on the subsequent labour market performance of the unemployed work force that has undergone training or has spent a certain period in a subsidised job. ... -
Do Wages Subsidies Increase Employment in Subsidised Firms?
VATT-keskustelualoitteita : 378 (Valtion taloudellinen tutkimuskeskus VATT, 30.12.2005)The present paper examines whether subsidised jobs have contributed to the employment in subsidised firms or merely substituted for non-subsidised ones. The data set is an unbalanced panel of some 31,000 firms that are ...