Karlo Kauko, Research Economist, Research Unit

Karlo Kauko Address
Snellmaninaukio
00170 HELSINKI
FINLAND
Telephone
010 831 2519 (national)
+358 10 831 2519 (international)
 
Postal address
PO Box 160
FI – 00101 HELSINKI
FINLAND
Fax
010 831 2294 (national)
+358 10 831 2294 (international)
 
Email
Firstname.Lastname@bof.fi
 

 Introduction

 
​D.Sc. (Econ.) Karlo Kauko works as a Research Economist at the Monetary Policy and Research Department, in the Research Unit.
 

 Publications

 

Articles in refereed journals

Can Credit Risk Be Rated Through-the-Cycle
Frontiers in Finance and Economics, forthcoming

External Deficits and Non-Performing Loans in the Recent Financial Crisis
Economics Letters, forthcoming
 
Managers and efficiency in Banking
Journal of Banking and Finance 33 (2009), 546-556

The Mixed Duopoly of Large-value Payment Systems
International Research Journal of Finance and Economics 24 (2009), 153-166

Interlinking Securities Settlement Systems: A Strategic Commitment?
Journal of Banking and Finance 31 (2007), 2962-2977

The Links Between Securities Settlement Systems: An Oligopoly Theoretic Approach
International Review of Financial Analysis 13 (2004), pp. 585-600

The Ineffectiveness of R&D Subsidies – An Oligopoly Theoretic Insight
Review of Industrial Organization 11 (1996), pp. 401-412

Effectiveness of R&D Subsidies – A Sceptical Note on the Empirical Literature
Research Policy 25 (1996), pp. 321-323
 

​Bank of Finland publications

4/2012​ Why is equity capital expensive for opaque banks?
14/2010 The feasibility of through-the-cycle ratings
11/2007 Managers and efficiency in banking
5/2007 Household loan loss risk in Finland – estimations and simulations with micro data (with Risto Herrala)
14/2005 The demand for money market mutual funds
11/2005 The mixed oligopoly of cross-border payment systems
9/2005 Bank interest rates in a small European economy: Some exploratory macro level analyses using Finnish data
26/2003 Interlinking securities settlement systems: A strategic commitment?
27/2002 Links between securities settlement systems: An oligopoly theoretic approach
2/2001 The New Basel Accord: some potential implications of the new standards for credit risk (with Esa Jokivuolle)
E:18/2000 The Microeconomics of Innovation: Oligopoly Theoretic Analyses with Applications to Banking and Patenting (scientific monograph)
28/1998 Developing the Interbank Payment System. Efficiency of Public versus Private Investments
13/1996 A Cross-Country Study of Market-Based Housing Finance (with Kaare Guttorm Andersen)