Details about Iikka Korhonen

E-mail:
Homepage:	https://www.suomenpankki.fi/en/bank-of-finland/board-and-organisation/experts/iikka-korhonen/
Workplace:	Suomen Pankin Nousevien Talouksien Tutkimuslaitos (The Bank of Finland Institute for Emerging Economies (BOFIT)), Suomen Pankki (Bank of Finland), (more information at EDIRC)

Access statistics for papers by Iikka Korhonen.

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Working Papers

2024

1. High-priority battlefield items and television sets: How sanctions reduced Russians' access to goods
   BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
2. Microblogging money: Exploring the world's central banks on Twitter
   BoF Economics Review, Bank of Finland

2023

3. The effects of the war on the Ukraine economy: The situation at the end of 2022
   BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT)

2022

4. How important are Russia's external economic links?
   BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (7)
   See also Journal Article How Important Are Russia's External Economic Links?, Asian Economic Papers, MIT Press (2022) View citations (5) (2022)

2021

5. Russia's growth potential post-COVID-19
   BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT)
6. The implications of globalisation for the ECB monetary policy strategy
   Occasional Paper Series, European Central Bank View citations (2)

2019

7. Mastering Central Bank Communication Challenges via Twitter
   BoF Economics Review, Bank of Finland View citations (20)
8. Sanctions and counter-sanctions: What are their economic effects in Russia and elsewhere?
   BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (4)
   See also Journal Article Sanctions and Counter-Sanctions - What Are their Economic Effects in Russia and Elsewhere?, Journal of the New Economic Association, New Economic Association (2019) View citations (14) (2019)

2018

9. Business Cycle Synchronisation in a Currency Union: Taking Stock of the Evidence
   VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy, Verein für Socialpolitik / German Economic Association View citations (2)
   Also in Bank of Finland Research Discussion Papers, Bank of Finland (2017) View citations (2)
   GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit (2017)
10. Sanctions, counter-sanctions and Russia: Effects on economy, trade and finance
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (6)
11. The transition of China to sustainable growth – implications for the global economy and the euro area
    Occasional Paper Series, European Central Bank View citations (15)

2017

12. Breaking monetary policy rules in Russia
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (4)
    See also Journal Article Breaking monetary policy rules in Russia, Russian Journal of Economics, Elsevier (2017) View citations (12) (2017)
13. Monetary policy transmission with two exchange rates and a single currency: The Chinese experience
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
14. The Chinese Yuan: Influence of interest groups examined
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT)

2016

15. A monetary policy rule for Russia, or is it rules?
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
    See also Journal Article A monetary policy rule for Russia, or is it rules?, Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank) (2016) View citations (4) (2016)
16. BOFIT venäjä-tietoisku 2016
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT)

2015

17. Assessment of the Euros's implications for European economic development
    Bank of Estonia Working Papers, Bank of Estonia View citations (1)
18. BOFIT Kiina-tietoisku 2015
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT)
19. BOFIT Venäjä-tietoisku 2015
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT)
20. How fast can Russia grow?
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT)
21. Meta-Analysis of Chinese Business Cycle Correlation
    Working Papers, Hong Kong Institute for Monetary Research View citations (7)
    Also in BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) (2015)
    See also Journal Article Meta‐Analysis of Chinese Business Cycle Correlation, Pacific Economic Review, Wiley Blackwell (2018) (2018)
22. The geographic distribution of international currencies and RMB internationalization
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (1)
    See also Journal Article The geographic distribution of international currencies and RMB internationalization, International Review of Economics & Finance, Elsevier (2016) View citations (20) (2016)

2014

23. BOFIT Kiina-tietoisku 2014
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT)
24. BOFIT venäjä-tietoisku 2014
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT)
25. China and the World economy: Wavelet spectrum analysis of business cycles
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (2)
26. Ukrainian banking sector in turmoil
    BOFIT Policy Briefs, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (1)

2013

27. Extracting global stochastic trend from non-synchronous data
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
28. What determines stock market behavior in Russia and other emerging countries?
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (1)

2012

29. The rise of China and its implications for emerging markets: Evidence from a GVAR model
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)

2011

30. Causes of Corruption in Russia: A Disaggregated Analysis
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (6)
    Also in BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) (2011)
    See also Journal Article Corruption perceptions versus corruption incidence: Competition for rents across Russian regions, Journal of Economics and Finance, Springer (2016) View citations (12) (2016)
31. China in the World Economy: Dynamic Correlation Analysis of Business Cycles
    CEI Working Paper Series, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University
    Also in BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) (2008)
    See also Journal Article China in the World Economy: Dynamic Correlation Analysis of Business Cycles, CESifo Economic Studies, CESifo Group (2013) View citations (13) (2013)
32. Like China, the Chinese banking sector is in a class of its own
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)

2010

33. Does diversification increase or decrease bank risk and performance? Evidence on diversification and the risk-return tradeoff in banking
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (2)

2009

34. Composition of exports and cross-country corruption
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
    See also Journal Article Exports and cross-national corruption: A disaggregated examination, Economic Systems, Elsevier (2011) View citations (12) (2011)
35. Real exchange rate, output and oil: case of four large energy producers
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (2)
36. Renminbi misaligned: Results from meta-regressions
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
37. The Impact of the Global Financial Crisis on Business Cycles in Asian Emerging Economies
    CESifo Working Paper Series, CESifo View citations (9)
    Also in BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) (2009)
    See also Journal Article The impact of the global financial crisis on business cycles in Asian emerging economies, Journal of Asian Economics, Elsevier (2010) View citations (80) (2010)

2008

38. China and Central and Eastern European countries: regional networks, global supply chain or international competitors?
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
    Also in Policy Research Working Paper Series, The World Bank (2008) View citations (9)
39. Trade linkages and macroeconomic effects of the price of oil
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
    Also in Conference papers, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project (2008)
    See also Journal Article Trade linkages and macroeconomic effects of the price of oil, Energy Economics, Elsevier (2010) View citations (104) (2010)

2007

40. Equilibrium exchange rates in oil-dependent countries
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (5)
41. Money demand in post-crisis Russia: De-dollarisation and re-monetisation
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
    See also Journal Article Money Demand in Post-Crisis Russia: Dedollarization and Remonetization, Emerging Markets Finance and Trade, Taylor & Francis Journals (2010) View citations (20) (2010)

2006

42. Meta-Analysis of the Business Cycle Correlation between the Euro Area and the CEECs
    CESifo Working Paper Series, CESifo View citations (236)
    See also Journal Article Meta-analysis of the business cycle correlation between the euro area and the CEECs, Journal of Comparative Economics, Elsevier (2006) View citations (231) (2006)

2005

43. A Note on exchange rate pass-through in CIS countries
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (1)
    See also Journal Article A note on exchange rate pass-through in CIS countries, Research in International Business and Finance, Elsevier (2006) View citations (24) (2006)

2004

44. A meta-analysis of business cycle correlation between the euro area and CEECs: What do we know - and who cares?
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (1)
45. Does democracy cure a resource curse?
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (6)
46. Observations on disinflation in transition economies
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)

2003

47. Similarity of Supply and Demand Shocks Between the Euro Area and the CEECs
    Royal Economic Society Annual Conference 2003, Royal Economic Society View citations (127)
    See also Journal Article Similarity of supply and demand shocks between the euro area and the CEECs, Economic Systems, Elsevier (2003) View citations (128) (2003)
48. The euro goes East. Implications of the 2000-2002 economic slowdown for synchronisation of business cycles between the euro area and CEEs
    Macroeconomics, University Library of Munich, Germany View citations (17)
    Also in BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) (2003) View citations (1)
    See also Journal Article The Euro goes East: Implications of the 2000–2002 Economic Slowdown for Synchronisation of Business Cycles between the Euro area and CEECs, Comparative Economic Studies, Palgrave Macmillan (2004) View citations (28) (2004)

2002

49. Equilibrium Exchange Rates in Transition Countries: Evidence from Dynamic Heterogeneous Panel Models
    Macroeconomics, University Library of Munich, Germany View citations (49)
    Also in BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) (2002) View citations (5)
    See also Journal Article Equilibrium exchange rates in transition countries: Evidence from dynamic heterogeneous panel models, Economic Systems, Elsevier (2005) View citations (26) (2005)
50. Some empirical tests on the integration of economic activity between the euro area and the accession countries
    Macroeconomics, University Library of Munich, Germany View citations (13)
    Also in BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) (2001)
    See also Journal Article Some empirical tests on the integration of economic activity between the euro area and the accession countries, The Economics of Transition, The European Bank for Reconstruction and Development (2003) View citations (60) (2003)

2001

51. Similarity of supply and demand shocks between the euro area and the accession countries
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) View citations (1)

1999

52. Currency boards in the Baltic countries: What have we learned?
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
    Also in BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT) (1999)
    See also Journal Article Currency Boards in the Baltic Countries: What Have We Learned?, Post-Communist Economies, Taylor & Francis Journals (2000) View citations (13) (2000)

Journal Articles

2023

1. Introduction
   Economic and Political Studies, 2023, 11, (1), 45-46

2022

2. How Important Are Russia's External Economic Links?
   Asian Economic Papers, 2022, 21, (2), 1-13 View citations (5)
   See also Working Paper How important are Russia's external economic links?, BOFIT Policy Briefs (2022) View citations (7) (2022)

2021

3. Monetary policy transmission with two exchange rates of a single currency: The Chinese experience
   International Review of Economics & Finance, 2021, 75, (C), 558-576 View citations (1)

2020

4. Economic Sanctions on Russia and Their Effects
   CESifo Forum, 2020, 20, (04), 19-22
5. Introduction
   Economic and Political Studies, 2020, 8, (3), 289-290

2019

6. A tribute to 30 years of transition in CESEE
   Focus on European Economic Integration, 2019, (Q3/19), 11-28 View citations (2)
7. Business cycle synchronisation and currency unions: A review of the econometric evidence using meta-analysis
   International Review of Financial Analysis, 2019, 61, (C), 274-283 View citations (46)
8. Differences in Transition Paths: Russia versus China
   ifo DICE Report, 2019, 17, (03), 17-21 View citations (4)
9. Forty Years of Chinese Reforms: An Overview
   Comparative Economic Studies, 2019, 61, (3), 349-358
10. Sanctions and Counter-Sanctions - What Are their Economic Effects in Russia and Elsewhere?
    Journal of the New Economic Association, 2019, 43, (3), 184-190 View citations (14)
    See also Working Paper Sanctions and counter-sanctions: What are their economic effects in Russia and elsewhere?, BOFIT Policy Briefs (2019) View citations (4) (2019)

2018

11. Meta‐Analysis of Chinese Business Cycle Correlation
    Pacific Economic Review, 2018, 23, (3), 385-410
    See also Working Paper Meta-Analysis of Chinese Business Cycle Correlation, Working Papers (2015) View citations (7) (2015)
12. Sanctions and countersanctions − effects on economy, trade and finance
    Focus on European Economic Integration, 2018, (Q3-18), 68-76 View citations (10)

2017

13. Breaking monetary policy rules in Russia
    Russian Journal of Economics, 2017, 3, (4), 366-378 View citations (12)
    See also Working Paper Breaking monetary policy rules in Russia, BOFIT Policy Briefs (2017) View citations (4) (2017)

2016

14. A monetary policy rule for Russia, or is it rules?
    Focus on European Economic Integration, 2016, (1), 28–45 View citations (4)
    See also Working Paper A monetary policy rule for Russia, or is it rules?, BOFIT Discussion Papers (2016) (2016)
15. Corruption perceptions versus corruption incidence: Competition for rents across Russian regions
    Journal of Economics and Finance, 2016, 40, (1), 172-187 View citations (12)
    See also Working Paper Causes of Corruption in Russia: A Disaggregated Analysis, Discussion Paper Series (2011) View citations (6) (2011)
16. The geographic distribution of international currencies and RMB internationalization
    International Review of Economics & Finance, 2016, 42, (C), 442-458 View citations (20)
    See also Working Paper The geographic distribution of international currencies and RMB internationalization, BOFIT Discussion Papers (2015) View citations (1) (2015)
17. What Influences Stock Market Behavior in Russia and Other Emerging Countries?
    Emerging Markets Finance and Trade, 2016, 52, (5), 1210-1225 View citations (11)

2015

18. Introduction to Collection of Papers from Conference on China's Financial Market Liberalization
    Pacific Economic Review, 2015, 20, (3), 442-443

2014

19. An Empirical Note on the Success of Forecasting Economic Developments in Major Emerging Markets
    Asian Economic Papers, 2014, 13, (1), 131-154
20. The Rise of China and Its Implications for the Global Economy: Evidence from a Global Vector Autoregressive Model
    Pacific Economic Review, 2014, 19, (1), 61-89 View citations (20)
21. Wavelet spectrum analysis of business cycles of China and G7 countries
    Applied Economics Letters, 2014, 21, (18), 1309-1313 View citations (12)

2013

22. China in the World Economy: Dynamic Correlation Analysis of Business Cycles
    CESifo Economic Studies, 2013, 59, (2), 392-411 View citations (13)
    See also Working Paper China in the World Economy: Dynamic Correlation Analysis of Business Cycles, CEI Working Paper Series (2011) (2011)

2012

23. Economic growth in BRIC countries and comparisons with rest of the world - Crescita economica nei paesi BRIC e confronti con il resto del mondo
    Economia Internazionale / International Economics, 2012, 65, (3), 447-471

2011

24. Exports and cross-national corruption: A disaggregated examination
    Economic Systems, 2011, 35, (1), 109-124 View citations (12)
    See also Working Paper Composition of exports and cross-country corruption, BOFIT Discussion Papers (2009) (2009)

2010

25. Money Demand in Post-Crisis Russia: Dedollarization and Remonetization
    Emerging Markets Finance and Trade, 2010, 46, (2), 5-19 View citations (20)
    See also Working Paper Money demand in post-crisis Russia: De-dollarisation and re-monetisation, BOFIT Discussion Papers (2007) (2007)
26. The impact of the global financial crisis on business cycles in Asian emerging economies
    Journal of Asian Economics, 2010, 21, (3), 293-303 View citations (80)
    See also Working Paper The Impact of the Global Financial Crisis on Business Cycles in Asian Emerging Economies, CESifo Working Paper Series (2009) View citations (9) (2009)
27. Trade linkages and macroeconomic effects of the price of oil
    Energy Economics, 2010, 32, (4), 848-856 View citations (104)
    See also Working Paper Trade linkages and macroeconomic effects of the price of oil, BOFIT Discussion Papers (2008) (2008)

2009

28. China and Central and Eastern European Countries: Regional Networks, Global Supply C
    Journal of Economic Integration, 2009, 24, 476-504 View citations (7)
29. Equilibrium exchange rates in oil-exporting countries
    Journal of Economics and Finance, 2009, 33, (1), 71-79 View citations (59)

2006

30. A note on exchange rate pass-through in CIS countries
    Research in International Business and Finance, 2006, 20, (2), 215-226 View citations (24)
    See also Working Paper A Note on exchange rate pass-through in CIS countries, BOFIT Discussion Papers (2005) View citations (1) (2005)
31. Meta-analysis of the business cycle correlation between the euro area and the CEECs
    Journal of Comparative Economics, 2006, 34, (3), 518-537 View citations (231)
    See also Working Paper Meta-Analysis of the Business Cycle Correlation between the Euro Area and the CEECs, CESifo Working Paper Series (2006) View citations (236) (2006)

2005

32. Equilibrium exchange rates in transition countries: Evidence from dynamic heterogeneous panel models
    Economic Systems, 2005, 29, (2), 144-162 View citations (26)
    See also Working Paper Equilibrium Exchange Rates in Transition Countries: Evidence from Dynamic Heterogeneous Panel Models, Macroeconomics (2002) View citations (49) (2002)

2004

33. A Meta-Analysis of Business Cycle Correlations between the Euro Area, CEECs and SEECs – What Do We Know?
    Focus on European Economic Integration, 2004, (2), 76-94 View citations (41)
34. Exchange Rate Arrangements and Monetary Policy in Southeastern Europe and Turkey: Some Stylized Facts
    Focus on European Economic Integration, 2004, (2), 95-118 View citations (3)
35. The Euro goes East: Implications of the 2000–2002 Economic Slowdown for Synchronisation of Business Cycles between the Euro area and CEECs
    Comparative Economic Studies, 2004, 46, (1), 45-62 View citations (28)
    See also Working Paper The euro goes East. Implications of the 2000-2002 economic slowdown for synchronisation of business cycles between the euro area and CEEs, Macroeconomics (2003) View citations (17) (2003)

2003

36. Similarity of supply and demand shocks between the euro area and the CEECs
    Economic Systems, 2003, 27, (3), 313-334 View citations (128)
    See also Working Paper Similarity of Supply and Demand Shocks Between the Euro Area and the CEECs, Royal Economic Society Annual Conference 2003 (2003) View citations (127) (2003)
37. Some empirical tests on the integration of economic activity between the euro area and the accession countries
    The Economics of Transition, 2003, 11, (1), 177-196 View citations (60)
    See also Working Paper Some empirical tests on the integration of economic activity between the euro area and the accession countries, Macroeconomics (2002) View citations (13) (2002)

2000

38. Currency Boards in the Baltic Countries: What Have We Learned?
    Post-Communist Economies, 2000, 12, (1), 25-46 View citations (13)
    See also Working Paper Currency boards in the Baltic countries: What have we learned?, BOFIT Discussion Papers (1999) (1999)

Chapters

2018

1. Sanctions
   Chapter 10 in The Unwinding of the Globalist Dream EU, Russia and China, 2018, pp 183-191

2016

2. Comments on "Managing monetary and financial stability in a dynamic global environment: Bank Indonesia s policy perspectives"
   A chapter in Expanding the boundaries of monetary policy in Asia and the Pacific, 2016, vol. 88, pp 189-191

2013

3. Restarting growth in Europe after the Great Recession: CEE versus other countries
   Chapter 3 in A New Model for Balanced Growth and Convergence, 2013, pp 19-35

2012

4. Oil exporters’ contribution to global imbalances
   Chapter 6 in European Integration in a Global Economy, 2012, pp 46-52