Aineistot 1-10 / 13
Predictive ability of financial variables in changing economic circumstances
We analyze three key financial variables, the term spread, real stock returns and the real short-term interest rate, and study which economic factors underlie changes in their predictive power for GDP growth in a large set ...
Economic Policy Uncertainty Effects for Forecasting Future Real Economic Activity
Recently introduced measures for Economic Policy Uncertainty (EPU) included in the data from 1997 - 2016 have a role in forecasting out-of-sample values for the future real economic activity for both the euro area and the ...
Internationalization via export growth and specialization in Finnish regions
(Cogent OA, an imprint of Taylor & Francis, 2018-08-24)
Finnish regions increased their exports in special industries from 1999 to 2013. This internationalization of industries in regions is measured by the adjusted Balassa’s revealed comparative advantage index. It has been ...
The Effects of Financial Education : Evidence from Finnish Lower Secondary Schools
We study the effects of a peer-to-peer learning environment designed for lower secondary schools that provides financial education using games, videos and other materials provided online. We exploit a quasi-experimental ...
Financial literacy and retirement planning in Finland
(Cambridge University Press, 2018-07-18)
This paper presents the results from the first study of financial literacy in Finland and explores the relationship between financial literacy and retirement planning in Finland. Finland is an interesting case because ...
The business model of social banks
Based on an extensive literature review, this paper proposes to define social banks (SBs) as social enterprises that run banking activities with the social mission of supplying credit to other social enterprises, which are ...
Innovative growth : the role of market power and negative selection
(Taylor & Francis, 2019-09-08)
This paper relies on register-based statistical data from Finland to measure broad research and development (R&D), organizational capital (OC) and information and communication technology (ICT) investments as innovation ...
Complementarities between employee involvement and financial participation : Do institutional context, differing measures, and empirical methods matter?
(SAGE Publishing, 2016-07-08)
While most studies on complementarities are for the US and the UK, liberal market economies, we investigate whether productivity is greater if firms use employee involvement (EI) in decision-making and financial participation ...
Credit Unions and Co-operative Banks Across the World
(Oxford University Press, 2017-11-01)
The national cases of co-operative banking will be considered by pattern: credit unions (as in the UK and the US), decentralized networks (as in Germany, Italy, and Austria), and centralized networks (as in France, the ...
Risk-taking of the European Banks in CEECs : The role of national culture and stake vs shareholder view
(Palgrave Macmillan, Cham, 2017-10-12)
The European bank system needs to consider the openness of markets of Central and Eastern European countries (CEECs) above other forces among which competition, crises and regulation. This chapter has the aims to understand ...