Discussion Papers

Continued by ETLA Reports.

From The Research Institute of the Finnish Economy
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781: Exiting Venture Capital Investments: Lessons from Finland

Jyrki Ali-Yrkkö, Ari Hyytinen and Johanna Liukkonen

779: Globalisation of Business in a Small Country - Does Ownership Matter?

Jyrki Ali-Yrkkö and Pekka Ylä-Anttila

778: Financial Analysts Perception on Intangibles - An Interview Survey in Finland

Stefan Lee

776: Preventing Systemic Crises through Bank Transparency

Ari Hyytinen and Tuomas Takalo

775: Law or Finance: Evidence from Finland (Revised version 25.09.2002))

Ari Hyytinen, Ilkka Kuosa and Tuomas Takalo

774: Financial Systems and Venture Capital in Nordic Countries: A comparative Study

Ari Hyytinen and Mika Pajarinen

772: The Emergence of the New Economy, and its Challenge to Financial Intermediation and Banking

Teemu Haukioja and Jarmo Hahl

771: The Power of a Spatially Inferior Player

Mika Widgrén and Stefan Napel

770: Advancing information technology and financial intermediation

Pekka Mannonen

768: Asymmetric Information and the Market Structure of the Venture Capital Industry (Revised)

Ari Hyytinen and Otto Toivanen

766: Taxation and Entrepreneurship

Pertti Haaparanta and Hannu Piekkola

765: Ageing, Demographic Risks, and Pension Reform

Jukka Lassila and Tarmo Valkonen

762: Catching Up and Unemployment in the EU

Kari Alho

761: EU Enlargement and Finnish Industry: A Special Emphasis on the Packaging Industry

Colin Hazley

758: Optimal Factor Income Taxation in the Presence of Unemployment

Erkki Koskela and Ronnie Schöb

757: Productivity Growth and Micro-level Restructuring. Finnish experiences during the turbulent decades

Mika Maliranta

756: Optimal Forest Policies in an Overlapping Generations Economy with Timber and Money Bequests

Gregory Amacher, Erkki Koskela and Markku Ollikainen

755: Towards Efficient Pollution Control in the Baltic Sea. An anatomy of current failure with suggestions

Juha Honkatukia and Markku Ollikainen

753: Mobility and Earnings. An analysis of Finnish manufacturing and services

Rita Asplund

751: Renewable Resources in an Overlapping Generations Economy without Capital

Erkki Koskela, Markku Ollikainen and Mikk0 Puhakka

750: Unemployment and Early Retirements of the Aged Workers in Finland

Pasi Huovinen and Hannu Piekkola

749: Information Production, Banking Competition and the Market Structure of the Banking Industry

Ari Hyytinen

748: Loan Market Equilibrium with Difference of Opinion and Imperfect Competition (Revised version)

Ari Hyytinen

747: The Turnover of Jobs and Workers in a Deep Recession: Evidence from the Finnish Business Sector

Pekka Ilmakunnas and Mika Maliranta

746: Socio-economic Impact of European Single Market on Lithuanian Companies

Hannu Hernesniemi and Pekka Lindroos

745: Measuring Labour Market Flexibility in the OECD Countries

Jaakko Kiander and Matti VirÉn

744: Fiscal Policy, Automatic Stabilisers and Policy Coordination in EMU

Matti VirÉn

743: Pay, Risk, and Productivity. The Case of Finland, 1980-1996

Eva M. Meyersson, Trond Petersen and Rita Asplund

742: The New Challenges, Roles and Competencies of Human Resource Management

Pentti Sydänmaanlakka

741: Pension Prefunding, Ageing, and Demographic Uncertainty

Jukka Lassila and Tarmo Valkonen

739: Unobserved Human Capital and Firm-Size Premium

Hannu Piekkola

737: Is There a Laffer Curve Between Aggregate Output and Public Sector Employment

Erkki Koskela and Matti VirÉn

736: Schooling, Family Background, and Adoption: Is It Nature of Is It Nurture?

Erik Plug and Wim Vijverberg

735: Optimal Fiscal and Monetary Policies in a Recession: Is There a Way out of the Trap in an Open EconomyN. (Revised September 2002)

Kari Alho

734: Inferior Players in Simple Games

Stefan Napel and Mika Widgrén

733: ICT Cluster - The Engine of Knowledge-driven Growth in Finland

Laura Paija

732: Financing the Welfare State in the Global Economy

Matti VirÉn

731: Green Tax Reform and Competitiveness

Erkki Koskela, Ronnie Schöb and Hans-Werner Sinn

729: Does the Euro Exchange Rate Matter ?

Sinimaaria Ranki

728: Optimal Forest Conservation: Competitiveness Versus Green Image Effects

Erkki Koskela and Markku Ollikainen

726: Implications of EMU on Industrial relations - The Country Report on Finland

Kari Alho

725: Feedback Mechanisms in the Evolution of Networks: The Installed User Base and Innovation in the Communications Sector

Heli Koski

724: Regulators and Competition Spurring or Retarding Innovation in the Telecommunications Sector?

Heli Koski

723: European Union and United States trade relations

Markus Paukku

722: Evaluation of Estonian Innovation System

Hannu Hernesniemi

720: Private Returns to Education in Finland: Back to Basics

Rita Asplund

717: Employment and Unemployment in Finnish Manufacturing 1985-95:Is Technological Progress the Cause or the Cure?

Rita Asplund and Reija Lilja

716: Regional Disparties in Gross Job and the Worker Flows in Finland

Petri Böckerman and Mika Maliranta

715: The Stability Pack and Inefficiencies in Fiscal Policy Making in EMU

Kari Alho

714: On Whom Falls the Burden of Restructuring? Evidence from Finland

Hannu Piekkola and Petri Böckerman