Research papers written at the Bank of Finland appear continuously in external series and other scientific publications, without formal peer review.
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
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
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
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
Juha-Pekka Niinimäki – Tuomas Takalo
Benchmarking and comparing entrepreneurs with incomplete information
Helsinki Center of Economic Research Discussion Papers No 173, 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, 2007
Klaus Kultti – Tuomas Takalo – Juuso Toikka
Patents hinder collusion
Helsinki Center of Economic Research Discussion Papers No 144, 2007
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)
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)
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)
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