Andra vetenskapliga studier

Forskning vid Finlands Bank avrapporteras kontinuerligt i externa vetenskapliga seriepublikationer och andra publikationer utan referentgranskning.


2013–2015

Cristina Amado – Helinä Laakkonen
Modelling time-varying volatility in financial returns: evidence from the bond markets
in Essays in Nonlinear Time Series Econometrics, Niels Haldrup, Mika Meitz, and Pentti Saikkonen (eds), Oxford Scholarly Online, 2014
Chapter 6 Doi
Seppo Honkapohja – Iikka Korhonen
Restarting growth in Europe after the Great Recession: CEE versus other countries
in A New Model for Balanced Growth and Convergence: Achieving Economic Sustainability in CESEE Countries
Ewald Nowotny – Peter Mooslechner – Doris Ritzberger-Grünwald (eds.), Edward Elgar Publishing, 2013: 19-35
Boele Bonthuis – Valerie Jarvis – Juuso Vanhala
What’s going on behind the euro area Beveridge curve(s)?
ECB Working Paper, No 1586, September 2013
Emmi Martikainen – Heiko Schmiedel – Tuomas Takalo
Convergence in European retail payments
ECB Occasional Paper Series, No 147, June 2013
Matti Virén
How can growth be accelerated in Europe?
The Aftermath of the Global Crisis in the European Union
Beáta Farkas (ed.), 2013: 19–36

2010–2012

Maritta Paloviita – Matti Virén
Are individual survey expectations internally consistent?
Aboa Centre for Economics Discussion Paper, No 77, November 2012
Maritta Paloviita – Matti Virén
Analyzing the relationships between survey forecasts for different variables and countries
Aboa Centre for Economics Discussion Paper, No 76, November 2012
Juuso Vanhala – Heidi Schauman
Euro area labour markets and the crisis
ECB Occasional Papers, No 138, October 2012
Esa Jokivuolle – Matti Virén
Model-based downturn probabilities of default for Basel III
Managing and measuring capital : For banks and financial institutions
Michael K. Ong (ed.), Riskbooks, 2012: 319-336
Maritta Paloviita – David Mayes
Asymmetry and Inflation Dynamics in Different Specifications of the Phillips Curve for the Euro Area
Perspectives on European Politics and Economics
Gerald M. Mahoney (ed.), Nova Science Publishers, 2011: 183–212
Esa Jokivuolle – Ilkka Kiema
Leverage Ratio Requirement and credit allocation under Basel III
University of Helsinki, Department of Economics Discussion Paper 645, 2010
Esa Jokivuolle – Matti Viren – Oskari Vähämaa
Transmission of macro shocks to loan losses in a deep crisis: The case of Finland
Model risk: Identification, measurement and management, ed. Rösch, D. and H. Scheule, Riskbooks 183–207, 2010
BoF DP 26/2009
Tuuli Koivu
Monetary policy, asset prices and consumption in China
ECB Working Paper 1240 15 Sep 2010
Tuuli Koivu – Alicia Garcia-Herrero
The impact of China’s exchange-rate policy on trade in Asia
VOX-EU/CEPR Ebook: The US-Sino Currency Dispute: New Insights from Economics, Politics, and Law
ed. by Simon J. Evenett, 15 April 2010
Laura Solanko – Zuzana Fungáčová
The Russian Banking Industry after the 2008/2009 crisis
Russian Analytical Digest No.74, 3 March 2010

2009

Esa Jokivuolle – Ilkka Kiema – Timo Vesala
Credit allocation, capital requirements and procyclicality
CEPR/ESI conference report, September 2009
(BoF DP 13/2007)
Risto Herrala
Delegation and Liquidity
The ICFAI University Journal of Governance and Public Policy
July 2009
Risto Herrala
Blame the Bankers? An Empirical Study of Cyclical Credit Quality
International Finance Review Vol. 10, 2009: 47–64
Juha Kilponen – Juuso Vanhala
Productivity and job flows: heterogeneity of new hires and continuing jobs in the business cycle
European Central Bank Working Paper Series 1080/ August 2009
Markus Haavio – Kaisa Kotakorpi
The political economy of sin taxes
CESifo Working Papers 2650, May 2009
Maritta Paloviita
Acerca de la generalidad de las curvas de Phillips neokeynesianas (On the Generality of the New Keynesian Phillips Curves)
Ensayos Económicos Issue 55 July–September, 2009: 7–32
Maritta Paloviita – Matti Viren
The role of expectations in the inflation process in the euro area Inflation Expectations
Peter J. N. Sinclair (ed.), Routledge, December 2009, Chapter 8
(BoF DP 6/2005)
Iikka Korhonen – Jarko Fidrmuc
The impact of the global financial crisis on business cycles in Asian emerging economies
CESifo Working Papers 2710, July 2009
Iikka Korhonen – Paul Wachtel
Observations on Disinflation in Transition Economies
Monetary Policy in Low-Inflation Economies
ed. David E. Altig, Ed Nosal, Cambridge University Press 2009: 215–253
Iikka Korhonen – Jarko Fidrmuc – Ivana Bátorová
Dynamic correlation analysis of business cycles of the emerging Asian giants: The awakening
Characteristics of business cycles: Have they changed?
Sonderheft 5/2009, Institut für Wirtschaftsforschung Halle, 2009: 121–134
Aaron Mehrotra – Tomáš Slačík
Evaluating Inflation Determinants with a Money Supply Rule in Four Central and Eastern European EU Member States
Focus on European Economic Integration Q3/09, 6–21
Aaron Mehrotra – Jouko Rautava
Do Sentiment Indicators Help to Assess and Predict Actual Developments of the Chinese Economy?
China in the World Economy, ed. Zhongmin Wu, Routledge 2009: 40–51
Tuuli Koivu – Aaron Mehrotra – Riikka Nuutilainen
An analysis of Chinese money and prices using a McCallum-type rule
China's three decades of economic reforms
ed. Xiaohui Liu, Wei Zhang, 2009, Routledge: 77–90

2008

Esa Jokivuolle – Kimmo Virolainen – Oskari Vähämaa
Macro model based stress testing of Basel II capital requirements
Stress-testing for Financial Institutions – Applications, Regulations and Techniques
ed. Rösch, D. and H. Scheule, Riskbooks 2008: 379–397
Jouko Vilmunen
Financial instability, supervision and central banks: An introduction
Journal of Financial Stability, Volume 4, Issue 3, September 2008: 165-167
Doi
Matti Viren
The economics of scale and scope in the lottery industry
Gaming in the new market environment 2008: 160-183
Ari Hyytinen – Tuomas Takalo
Entrepreneurship and protection of financiers
Nanjing Business Review, vol. 9, 120-139
Antti Ripatti
A dynamic new Keynesian life-cycle model: Societal aging, demographics, and monetary policy by Ippei Fujiwara and Yuki Teranishi.
A comment
Journal of Economic Dynamics and Control, Volume 32, Issue 8, August 2008: 2507-2511
Doi
Harri Hasko
Public Debt Dynamics in Selected OECD Countries: The role of fiscal stabilisation and monetary policy
Fiscal Policy: Current Issues and Challenges, 133-172

2007

Tuomas Takalo
Supervision of the European Banking Market: Comment
Designing the New European Union
Helge Berger – Thomas Moutos (eds.), Elsevier, 2007: 223–228
Tuomas Takalo
Agency problems and goal conflicts in achieving financial stability: the case of the EMU: Comment
The structure of financial regulation
David G. Mayes – Geoffrey Wood (eds.), Routledge, 2007: 260–263
Robert M. Hunt – Samuli Simojoki – Tuomas Takalo
Intellectual property rights and standard-setting in financial services: the case of Single European Payment Area (PDF 268 kB)
Federal Reserve Bank of Philadelphia Working Papers 07-20, 2007
Markus Haavio – Kaisa Kotakorpi
The political economy of sin taxes
Helsinki Center of Economic Research Discussion Papers No 185, September 2007
Juha-Pekka Niinimäki – Tuomas Takalo
Benchmarking and comparing entrepreneurs with incomplete information
Helsinki Center of Economic Research Discussion Papers No 173, July 2007
Tuomas Takalo – Tanja Tanayama – Otto Toivanen
Returns to innovation: A structural treatment effect model of R&D subsidies
Helsinki Center of Economic Research Discussion Papers No 153, March 2007
Klaus Kultti – Tuomas Takalo – Juuso Toikka
Patents hinder collusion
Helsinki Center of Economic Research Discussion Papers No 144, January 2007
David Mayes – Juha Kilponen
Factor Mobility
The European Union: Economics and Policies
Ali El-Agraa (ed.), Cambridge University Press, 8th Edition, 2007: 144–164
Task force of the monetary policy committee of the European System of Central Banks including Anssi Rantala (BoF)
Corporate finance in the euro area
European Central Bank Occasional Paper Series No 63 / June 2007
Juuso Vanhala
Essays on Labor Market Frictions, Technological Change and Macroeconomic Fluctuations
University of Helsinki Research Reports No. 108:2007
Antti Suvanto – Hannu Vartiainen
Introduction: Is Health Different
Finance and Incentives of the Health Care System, VATT Publications 45, 2007
Antti Suvanto (ed) – Hannu Vartiainen (ed)
Finance and incentives of the health care system ; proceedings of the 50th anniversary symposium of the Yrjö Jahnsson Foundation 
VATT Publications 45, 2007
Klaus Kultti – Juuso Vanhala – Timo Vesala
Adverse selection in dynamic matching markets
Helsinki Center of Economic Research, Discussion paper No 154 / March 2007
Samu Kurri
Price changes in Finland. Some evidence from the micro CPI data
ECB Working Paper Series 728 / February 2007
Juha Kilponen – Concepcíon García-Iglesias
Hopeakannasta eurovaluuttaan
Muutoksen merkit; kvantitatiivisia perspektiivejä Suomen taloushistoriaan, Tilastokeskuksen tutkimuksia 245, 2007
(in Finnish)
Juha Kilponen – Helvi Kinnunen
Demografia ja talouden sopeutumismekanismit - muutamia lisänäkökulmia ikääntymiskeskusteluun
Ikääntymisen taloudelliset vaikutukset ja niihin varautuminen, Valtioneuvoston kanslian julkaisusarja 20 , 2007
(in Finnish)
Risto Herrala
Rahoitussektorin merkitys Suomen kansantaloudelle
Tilastokeskuksen tutkimuksia 245, 2007
(in Finnish)

2006

Esa Jokivuolle – Samu Peura
Stress tests of banks' regulatory capital adequacy; application to tier 1 capital and to pillar 2 stress tests (updated)
Michael K. Ong (ed.): The Basel Handbook (2nd edition); A Guide for Financial Practitioners, published in association with KPMG, 2006
Timo Korkeamäki – Yrjö Koskinen – Tuomas Takalo
Phoenix rising: legal reforms and changes in valuation in Finland during the economic crisis (PDF 460 kB)
Boston University, School of Management, Working paper, 2006-18
Tuomas Takalo – Otto Toivanen
Entrepreneurship, financiership and selection
Helsinki Center of Economic Research, Discussion Paper No 116 / September 2006
David Mayes – Iftekhar Hasan – Timo Iivarinen – Karlo Kauko – Kari Kemppainen – Tanai Khiaonarong – Kari Korhonen – Harry Leinonen – Markku Malkamäki – Alistair Milne – Kirsi Ripatti – Heiko Schmiedel – Oz Shy – Juha Tarkka – Jukka Topi
The future of financial markets, 2006
Martin Ellison – Lucio Sarno – Jouko Vilmunen
Caution or Activism? Monetary Policy Strategies in an Open Economy (PDF 318 kB)
Warwick Finance, Working Paper Series 06-252, 2006
Anssi Rantala
Growth of new firms, evidence from Finland 1996-2003 (PDF 782 kB)
Pellervon taloudellisen tutkimuslaitoksen raportteja / Pellervo Economic Research Institute Reports 197/2006
Juha Kilponen – Antti Ripatti
Labour and product market reforms in general equilibrium; Simulation results using a DGE model of the Finnish economy
Eijffinger & Koedijk & Mets (eds.): Structural reforms and economic growth in Europe, 2006: 39-47
David Mayes – Juha Tarkka
Transparency in European central banks; the role of forecasts
Crowley, Patrick (ed.): EU economic policy at the dawn of the century, 2006: 57-81
Maritta Paloviita – David Mayes
Asymmetry and inflation dynamics in different specifications of the Phillips curve for the euro area
Crowley, Patrick (ed.): EU economic policy at the dawn of the century, 2006: 107-137
Reino Hjerppe – Jaakko Kiander – Matti Virén
Are government expenditures productive? Measuring the effect on private sector production
VATT, Keskustelualoitteita/Discussion Papers 381/2006
Jana Kremer – Claudia Braz Rodrigues – Teunis Brosens – Geert Langenus – Sandro Momigliano – Mikko Spolander
A disaggregated framework for the analysis of structural developments in public finances
• Deutsche Bundesbank, Discussion paper 05/2006 (PDF 652 kB)
• Banco de Portugal, Estudos e documentos de trabalho, Working paper 7-06
• European Central Bank, Working paper No. 579 / January 2006 (PDF 912 kB)
Brian Ardy – Iain Begg – Dermot Hodson – Imelda Maher – David G. Mayes
Adjusting to EMU; one Europe or several? 2006
Esa Jokivuolle
Aligning regulatory capital with economic capital
Michael Ong (ed.): Risk management; a modern perspective, 2006: 455-506
Luis J. Álvarez – Emmanuel Dhyne – Marco M. Hoeberichts – Claudia Kwapil – Hervé Le Bihan – Patrick Lünnemann – Fernando Martins – Roberto Sabbatini – Harald Stahl – Philip Vermeulen – Jouko Vilmunen
Sticky prices in the euro area: a summary of new micro evidence (PDF 112 kB)
Banco de Portugal, Working paper 5-06
Juha Kilponen – Antti Ripatti
Suomen Pankin dynaaminen yleisen tasapainon malli (Aino) ja reaalisten suhdannevaihteluiden teoria
Kansantaloudellinen aikakauskirja 4/2006: 451-464 (in Finnish)
Antti Suvanto
Keskuspankkien tyylit: Euroopan ja Yhdysvaltain rahapolitiikan vertailua
in the publication dedicated to Erkki Koskela (Julkinen talous, rahoitus ja talouspolitiikka), Honkapohja, Stenbacka, Vanhala & Vesala (eds); 2006: 165-177 (in Finnish)
Jouko Vilmunen
How often do consumer prices change in Finland: Observations from microdata on consumer prices, in the publication dedicated to Erkki Koskela (Julkinen talous, rahoitus ja talouspolitiikka), Honkapohja, Stenbacka, Vanhala & Vesala (eds); 2006: 52-68 (in Finnish)
Timo Korkeamäki – Elina Rainio – Tuomas Takalo
Suomen osakeyhtiölaki ja sen uudistus: vaikutuksia sijoittajansuojaan
Kansantaloudellinen aikakauskirja 4/2006: 483-496 (in Finnish)
Matti Virén
Miten arvonlisävero vaikuttaa kuluttajahintoihin?
VATT, Keskustelualoitteita/Discussion Papers 380/2006 (in Finnish)
Klaus Kultti – Tuomas Takalo – Juuso Toikka
Patenttisuojalla on yllättäviä vaikutuksia innovaatiokannustimiin
Helsingin yliopisto, Kansantaloustieteen alumnit, Alumnitiedote 1/2006 (in Finnish)
 
 

2005

Luis J. Álvarez – Emmanuel Dhyne – Marco M. Hoeberichts – Claudia Kwapil – Hervé Le Bihan – Patrick Lünnemann – Fernando Martins – Roberto Sabbatini – Harald Stahl – Philip Vermeulen – Jouko Vilmunen
Sticky prices in the euro area: a summary of new micro evidence
• De Nederlandsche Bank (DNB), Working Paper No. 62 / December 2005 (PDF 525 kB)
• Bank of France, Working Papers No 138 / November 2005
• ECB Working Paper Series No. 563 / December 2005 (PDF 621 kB)
Esa Jokivuolle – Samu Peura
LGD in a structural model of default
Altman & Resti & Sironi (eds.): Recovery risk; the next challenge in credit risk management, 2005: 201-216
Jukka Jalava – Matti Pohjola – Antti Ripatti – Jouko Vilmunen
Biased Technical Change and Capital-Labour Substitution in Finland, 1902-2003
Helsinki Center of Economic Research, Discussion Paper No 56 / March 2005
Tuomas Takalo – Tanja Tanayama – Otto Toivanen
Selection or self-rejection? Applications into a voluntary treatment program: The case of R&D subsidies
• Helsinki Center of Economic Research, Discussion Paper No 76 / August 2005
• London School of Economics (LSE), RICAFE Working Paper No. 014, February 2005 (PDF 237 kB)
Panu Poutvaara – Tuomas Takalo
Candidate Quality
Helsinki Center of Economic Research, Discussion Paper No 74 / August 2005
Emmanuel Dhyne – Luis J. Álvarez – Hervé Le Bihan – Giovanni Veronese – Daniel Dias – Johannes Hoffmann – Nicole Jonker – Patrick Lünnemann – Fabio Rumler – Jouko Vilmunen
Price setting in the euro area: some stylized facts from individual consumer price data
• Banco de Portugal, Estudos e documentos de trabalho, Working papers 6-05 Jun 2005
• National Bank of Belgium, Working Paper 74 (16.9.2005)
• European Central Bank, Working Paper Series No. 524, September 2005 (PDF 746 kB)
• Banco de España, Documentos de Trabajo Nº 0528, 2005 (PDF 672 kB)
• Banque de France, Working paper nº 136, November 2005
Lauri Kajanoja – Antti Ripatti
Notes on the estimation for the Finnish term structure
BIS Papers No. 25: Zero-coupon yield curves: technical documentation, October 2005
Juha Kilponen – Mark Salmon
Elements of robust decision theory applied to U.K. monetary policy (PDF 348 kB)
Warwick Finance Research Institute, Working Paper Series WF05-233, August 2005
Klaus Kultti – Tuomas Takalo
Tulisiko ohjelmistojen ja liiketoimintamenetelmien patentointi sallia? Oikeustaloustieteellinen näkökulma (PDF 2.49 MB)
Kansantaloudellinen aikakauskirja 2/2005: 165-174 (in Finnish)
Kaisa Kotakorpi – Tuomas Takalo
Viestintämarkkinoiden sääntely ja laajakaistainvestoinnit
Kasvio, A., T. Inkinen and H. Liikala (eds.): Tietoyhteiskunta: Myytit ja Todellisuus ("Regulation and investments in communications markets"), 2005: 307-324 (in Finnish)

2003–2004

Esa Jokivuolle – Samu Peura
Stress Tests of Banks' Regulatory Capital Adequacy: Application to Tier 1 Capital
The Basel Handbook: A Guide for Financial Practitioners. Ed. Michael Ong, Risk Books, London, 2004: 137–154
Juha Kilponen – Torsten Santavirta
Competition and innovation – microeconometric evidence using Finnish data
VATT Research Reports 113, 2004
Martin Ellison – Lucio Sarno – Jouko Vilmunen
Caution or Activism? Monetary Policy Strategies in an Open Economy
CEPR Discussion Papers 4766, November 2004
Martin Ellison – Liam Graham – Jouko Vilmunen
Strong contagion with weak spillovers
CEPR Discussion Papers 4762, November 2004
Panu Poutvaara – Tuomas Takalo
Candidate Quality
Center for Economic Studies, IFO Institute, CESifo Working Paper No. 1106, December 2003