Details about Tuomas Takalo

Access statistics for papers by Tuomas Takalo.

Last updated 2023-03-16. Update your information in the RePEc Author Service.

Short-id: pta116

Working Papers

2022

1. Learning and staged equity financing
   Post-Print, HAL
   See also Journal Article Learning and staged equity financing, Journal of Corporate Finance, Elsevier (2022) View citations (2) (2022)
2. Public funding of banks and firms in a time of crisis
   Bank of Finland Research Discussion Papers, Bank of Finland
3. Welfare effects of R&D support policies
   Bank of Finland Research Discussion Papers, Bank of Finland
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2017) View citations (11)
   Bank of Finland Research Discussion Papers, Bank of Finland (2017) View citations (2)

2021

4. Competition and regulation in the Finnish ATM industry
   BoF Economics Review, Bank of Finland
5. Evaluating the US pharmaceutical patent policy
   Bank of Finland Research Discussion Papers, Bank of Finland
6. Precision of public information disclosures, banks' stability and welfare
   Bank of Finland Research Discussion Papers, Bank of Finland

2020

7. Optimal Patent Policy for Pharmaceutical Industry
   Working Papers, VATT Institute for Economic Research
8. Staged equity financing
   Bank of Finland Research Discussion Papers, Bank of Finland

2019

9. Switching costs in the Finnish retail deposit market
   Bank of Finland Research Discussion Papers, Bank of Finland

2018

10. Intermediation in a directed search model
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (1)
    See also Journal Article Intermediation in a directed search model, Journal of Economics & Management Strategy, Wiley Blackwell (2021) (2021)
11. Relative age effects in political selection
    Bank of Finland Research Discussion Papers, Bank of Finland
    See also Journal Article Relative age effects in political selection, European Journal of Political Economy, Elsevier (2019) View citations (9) (2019)

2017

12. Gender Specific Relative Age Effects in Politics and Football
    Working Papers, VATT Institute for Economic Research View citations (4)
13. The Optimal Duration of Contracts
    CESifo Working Paper Series, CESifo View citations (3)

2016

14. Saving Wall Street or main street
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (1)
15. Switching costs and financial stability
    Bank of Finland Research Discussion Papers, Bank of Finland
    See also Journal Article Switching costs and financial stability, Journal of Financial Stability, Elsevier (2019) View citations (4) (2019)

2014

16. Promoting efficient retail payments in Europe
    Bank of Finland Research Discussion Papers, Bank of Finland
    See also Journal Article Promoting efficient retail payments in Europe, Journal of Payments Strategy & Systems, Henry Stewart Publications (2015) (2015)

2013

17. Convergence in European retail payments
    Occasional Paper Series, European Central Bank View citations (2)
    See also Journal Article Convergence of European retail payments, Journal of Banking & Finance, Elsevier (2015) View citations (16) (2015)
18. Market failures and the additionality effects of public support to private R&D: Theory and empirical implications
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (9)
    See also Journal Article Market failures and the additionality effects of public support to private R&D: Theory and empirical implications, International Journal of Industrial Organization, Elsevier (2013) View citations (33) (2013)
19. Rationales and instruments for public innovation policies
    Bank of Finland Research Discussion Papers, Bank of Finland
    Also in Discussion Papers, The Research Institute of the Finnish Economy (2009) View citations (1)
    See also Journal Article Rationales and Instruments for Public Innovation Policies, Journal of Reviews on Global Economics, Lifescience Global (2012) View citations (12) (2012)

2012

20. Competition before sunset: The case of the Finnish ATM market
    Bank of Finland Research Discussion Papers, Bank of Finland
    See also Journal Article Competition Before Sunset: The Case of the Finnish ATM Market, Review of Network Economics, De Gruyter (2014) View citations (1) (2014)
21. Optimal bank transparency
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (5)
    See also Journal Article Optimal Bank Transparency, Journal of Money, Credit and Banking, Blackwell Publishing (2016) View citations (23) (2016)
22. Valuation of innovation: the case of iPhone
    Bank of Finland Research Discussion Papers, Bank of Finland
    Also in MPRA Paper, University Library of Munich, Germany (2010)

2010

23. Law and stock markets: evidence from an emerging market
    Bank of Finland Research Discussion Papers, Bank of Finland

2009

24. Does State Street lead to Europe? The case of financial exchange innovations
    Bank of Finland Research Discussion Papers, Bank of Finland
    See also Journal Article Does State Street Lead to Europe? The Case of Financial Exchange Innovations, European Financial Management, European Financial Management Association (2013) View citations (1) (2013)

2008

25. Adverse selection and financing of innovation: is there a need for R&D subsidies?
    Bank of Finland Research Discussion Papers, Bank of Finland
    See also Journal Article Adverse selection and financing of innovation: is there a need for R&D subsidies?, The Journal of Technology Transfer, Springer (2010) View citations (120) (2010)
26. Consumer awareness and the use of payment media: evidence from young Finnish consumers
    Bank of Finland Research Discussion Papers, Bank of Finland
    See also Journal Article Consumer Awareness and the Use of Payment Media: Evidence from Young Finnish Consumers, Review of Network Economics, De Gruyter (2009) View citations (10) (2009)
27. Evaluating innovation policy: a structural treatment effect model of R&D subsidies
    Bank of Finland Research Discussion Papers, Bank of Finland

2007

28. Candidate quality
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (12)
    Also in CESifo Working Paper Series, CESifo (2003) View citations (24)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2004) View citations (2)
    Public Economics, University Library of Munich, Germany (2004) View citations (31)
    See also Journal Article Candidate quality, International Tax and Public Finance, Springer (2007) View citations (31) (2007)
29. Intellectual property rights and standard setting in financial services: the case of the Single European Payments Area
    Working Papers, Federal Reserve Bank of Philadelphia View citations (5)
    See also Chapter Intellectual Property Rights and Standard Setting in Financial Services: The Case of the Single European Payments Area, Chapters, Edward Elgar Publishing (2009) View citations (2) (2009)
30. Phoenix rising: legal reforms and changes in valuations in Finland during the economic crisis
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (2)
    See also Journal Article Phoenix rising: Legal reforms and changes in valuations in Finland during the economic crisis, Journal of Financial Stability, Elsevier (2007) View citations (3) (2007)

2005

31. Patents Hinder Collusion
    Industrial Organization, University Library of Munich, Germany View citations (4)
32. SELECTION OR SELF-REJECTION? APPLICATIONS INTO A TREATMENT
    Industrial Organization, University Library of Munich, Germany View citations (6)

2004

33. Equilibrium in financial markets with adverse selection
    Finance, University Library of Munich, Germany View citations (4)
    Also in Bank of Finland Research Discussion Papers, Bank of Finland (2003) View citations (1)
34. Investor Protection and Business Creation
    Discussion Papers, The Research Institute of the Finnish Economy View citations (1)
    Also in Finance, University Library of Munich, Germany (2004)
    Bank of Finland Research Discussion Papers, Bank of Finland (2003)
    See also Journal Article Investor protection and business creation, International Review of Law and Economics, Elsevier (2008) (2008)
35. Labour market reform and the sustainability of exchange rate pegs
    Bank of Finland Research Discussion Papers, Bank of Finland
    Also in Working Paper Series, European Central Bank (2004) View citations (17)
36. Multihoming in the Market for Payment Media: Evidence from Young Finnish Consumers
    Discussion Papers, The Research Institute of the Finnish Economy View citations (24)
    Also in Bank of Finland Research Discussion Papers, Bank of Finland (2004) View citations (1)

2003

37. Preventing systemic crises through bank transparency
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (2)
    Also in Discussion Papers, The Research Institute of the Finnish Economy (2001) View citations (6)

2002

38. Enchancing Bank Transparency: A Re-assessment
    Discussion Papers, The Research Institute of the Finnish Economy
    Also in University of Helsinki, Department of Economics, Department of Economics (2000) View citations (12)
    Bank of Finland Research Discussion Papers, Bank of Finland (2000) View citations (2)
    See also Journal Article Enhancing Bank Transparency: A Re-assessment, Review of Finance, European Finance Association (2002) View citations (40) (2002)
39. Law or finance: evidence from Finland
    Bank of Finland Research Discussion Papers, Bank of Finland View citations (1)
    See also Journal Article Law or Finance: Evidence from Finland, European Journal of Law and Economics, Springer (2003) View citations (44) (2003)

2001

40. Law or Finance: Evidence from Finland (Revised version 25.09.2002))
    Discussion Papers, The Research Institute of the Finnish Economy View citations (1)

2000

41. Capital Market Development, Corporate Governance and the Credibility of Exchange Rate Pegs
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (9)

1999

42. Essays on the Economics of Intellectual Property Protection
    University of Helsinki, Department of Economics, Department of Economics
43. Financial Market Development and Self-Fulfilling Currency Crises
    University of Helsinki, Department of Economics, Department of Economics
44. On the Socially Optimal Patent Policy
    University of Helsinki, Department of Economics, Department of Economics

1998

45. Incomplete Contracting in a research Joint Venture: The Micronas Case
    University of Helsinki, Department of Economics, Department of Economics

Journal Articles

2022

1. Learning and staged equity financing
   Journal of Corporate Finance, 2022, 74, (C) View citations (2)
   See also Working Paper Learning and staged equity financing, Post-Print (2022) (2022)

2021

2. Intermediation in a directed search model
   Journal of Economics & Management Strategy, 2021, 30, (2), 456-471
   See also Working Paper Intermediation in a directed search model, Bank of Finland Research Discussion Papers (2018) View citations (1) (2018)

2019

3. Regulation of short-term consumer credits
   Journal of Banking Regulation, 2019, 20, (4), 348-354 View citations (3)
4. Relative age effects in political selection
   European Journal of Political Economy, 2019, 58, (C), 50-63 View citations (9)
   See also Working Paper Relative age effects in political selection, Bank of Finland Research Discussion Papers (2018) (2018)
5. Switching costs and financial stability
   Journal of Financial Stability, 2019, 41, (C), 14-24 View citations (4)
   See also Working Paper Switching costs and financial stability, Bank of Finland Research Discussion Papers (2016) (2016)

2016

6. Optimal Bank Transparency
   Journal of Money, Credit and Banking, 2016, 48, (1), 203-231 View citations (23)
   See also Working Paper Optimal bank transparency, Bank of Finland Research Discussion Papers (2012) View citations (5) (2012)

2015

7. Convergence of European retail payments
   Journal of Banking & Finance, 2015, 50, (C), 81-91 View citations (16)
   See also Working Paper Convergence in European retail payments, Occasional Paper Series (2013) View citations (2) (2013)
8. Promoting efficient retail payments in Europe
   Journal of Payments Strategy & Systems, 2015, 8, (4), 395-406
   See also Working Paper Promoting efficient retail payments in Europe, Bank of Finland Research Discussion Papers (2014) (2014)
9. R&D spillovers and information exchange: a case study
   Eurasian Economic Review, 2015, 5, (1), 63-76 View citations (1)

2014

10. Competition Before Sunset: The Case of the Finnish ATM Market
    Review of Network Economics, 2014, 13, (1), 1-33 View citations (1)
    See also Working Paper Competition before sunset: The case of the Finnish ATM market, Bank of Finland Research Discussion Papers (2012) (2012)

2013

11. Does State Street Lead to Europe? The Case of Financial Exchange Innovations
    European Financial Management, 2013, 19, (3), 521-557 View citations (1)
    See also Working Paper Does State Street lead to Europe? The case of financial exchange innovations, Bank of Finland Research Discussion Papers (2009) (2009)
12. Estimating the Benefits of Targeted R&D Subsidies
    The Review of Economics and Statistics, 2013, 95, (1), 255-272 View citations (98)
13. Market failures and the additionality effects of public support to private R&D: Theory and empirical implications
    International Journal of Industrial Organization, 2013, 31, (5), 634-642 View citations (33)
    See also Working Paper Market failures and the additionality effects of public support to private R&D: Theory and empirical implications, Bank of Finland Research Discussion Papers (2013) View citations (9) (2013)
14. Reforming corporate law in an emerging market
    The Economics of Transition, 2013, 21, (3), 509-551

2012

15. Entrepreneurship, Financiership, and Selection
    Scandinavian Journal of Economics, 2012, 114, (2), 601-628 View citations (7)
16. Rationales and Instruments for Public Innovation Policies
    Journal of Reviews on Global Economics, 2012, 1, 157-167 View citations (12)
    See also Working Paper Rationales and instruments for public innovation policies, Bank of Finland Research Discussion Papers (2013) (2013)

2010

17. Adverse selection and financing of innovation: is there a need for R&D subsidies?
    The Journal of Technology Transfer, 2010, 35, (1), 16-41 View citations (120)
    See also Working Paper Adverse selection and financing of innovation: is there a need for R&D subsidies?, Bank of Finland Research Discussion Papers (2008) (2008)
18. UNEMPLOYMENT PERSISTENCE AND THE SUSTAINABILITY OF EXCHANGE RATE PEGS
    Scottish Journal of Political Economy, 2010, 57, (1), 85-102 View citations (4)

2009

19. Consumer Awareness and the Use of Payment Media: Evidence from Young Finnish Consumers
    Review of Network Economics, 2009, 8, (2), 25 View citations (10)
    See also Working Paper Consumer awareness and the use of payment media: evidence from young Finnish consumers, Bank of Finland Research Discussion Papers (2008) (2008)
20. WHO SEARCHES?*
    The Japanese Economic Review, 2009, 60, (2), 152-171 View citations (4)

2008

21. Investor protection and business creation
    International Review of Law and Economics, 2008, 28, (2), 113-122
    See also Working Paper Investor Protection and Business Creation, Discussion Papers (2004) View citations (1) (2004)
22. Optimal fragmentation of intellectual property rights
    International Journal of Industrial Organization, 2008, 26, (1), 137-149 View citations (12)

2007

23. Benchmarking and Comparing Entrepreneurs with Incomplete Information
    Finnish Economic Papers, 2007, 20, (2), 91-107 View citations (5)
24. Candidate quality
    International Tax and Public Finance, 2007, 14, (1), 7-27 View citations (31)
    See also Working Paper Candidate quality, Munich Reprints in Economics (2007) View citations (12) (2007)
25. Phoenix rising: Legal reforms and changes in valuations in Finland during the economic crisis
    Journal of Financial Stability, 2007, 3, (1), 33-58 View citations (3)
    See also Working Paper Phoenix rising: legal reforms and changes in valuations in Finland during the economic crisis, Bank of Finland Research Discussion Papers (2007) View citations (2) (2007)
26. Secrecy versus patenting
    RAND Journal of Economics, 2007, 38, (1), 22-42 View citations (70)

2006

27. Simultaneous Model of Innovation, Secrecy, and Patent Policy
    American Economic Review, 2006, 96, (2), 82-86 View citations (30)

2003

28. Law or Finance: Evidence from Finland
    European Journal of Law and Economics, 2003, 16, (1), 59-89 View citations (44)
    See also Working Paper Law or finance: evidence from Finland, Bank of Finland Research Discussion Papers (2002) View citations (1) (2002)

2002

29. Enhancing Bank Transparency: A Re-assessment
    Review of Finance, 2002, 6, (3), 429-445 View citations (40)
    See also Working Paper Enchancing Bank Transparency: A Re-assessment, Discussion Papers (2002) (2002)
30. Hold-Ups and Asymmetric Information in a Technology Transfer: The Micronas Case
    The Journal of Technology Transfer, 2002, 27, (3), 233-43 View citations (4)
31. Markets for Technology: The Economics of Innovation and Corporate Strategy, by Arora, A., Fosfuri, A. and Gambardella, A. Cambridge and London: MIT Press, 2001, xi+338 pp., USD 35.00 (cloth)
    Managerial and Decision Economics, 2002, 23, (7), 437-438

2001

32. On the optimal patent policy
    Finnish Economic Papers, 2001, 14, (1), 33-40 View citations (13)

2000

33. Do patents slow down technological progress?: Real options in research, patenting, and market introduction
    International Journal of Industrial Organization, 2000, 18, (7), 1105-1127 View citations (29)

1999

34. Equilibrium in Auction and Bargaining Markets When Agents Can Wait and Search
    Bulletin of Economic Research, 1999, 51, (3), 171-205 View citations (2)
35. Incomplete Contracting in Research Joint Ventures: a Case Study
    Homo Oeconomicus, 1999, 15, 341-367 View citations (1)

1998

36. Innovation and imitation under imperfect patent protection
    Journal of Economics, 1998, 67, (3), 229-241 View citations (16)
37. R&D spillovers and information exchange
    Economics Letters, 1998, 61, (1), 121-123 View citations (29)

Chapters

2009

1. Intellectual Property Rights and Standard Setting in Financial Services: The Case of the Single European Payments Area
   Chapter 7 in Financial Innovation in Retail and Corporate Banking, 2009 View citations (2)
   See also Working Paper Intellectual property rights and standard setting in financial services: the case of the Single European Payments Area, Federal Reserve Bank of Philadelphia (2007) View citations (5) (2007)