Juha Kilponen, Head of Forecasting, Monetary Policy and Research / Forecasting


Address
Snellmaninaukio
00170 HELSINKI
FINLAND
Telephone
010 831 2847 (national)
+358 10 831 2847 (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

 

Juha Kilponen is the head of the forecasting in the Monetary Policy and Research department of the Bank of Finland.

 

 CV

 

Juha Kilponen took his Master's and Licentiate degrees in Social Sciences at the University of Joensuu, where he majored in economics. He completed his PhD in economics with the European University Institute in 1999. Prior to his current responsibilities at the Bank of Finland, Kilponen served as an economist in the forecasting division of the Bank's Economics Department in 2003–2005. Before this, he had been attached to the Government Institute for Economic Research (VTT) as an economist and also worked as a visiting researcher at the Cass Business School in London in 2001, and at the Bank of Finland in 1999 and 2003. Kilponen visited the Directorate General Research at the European Central Bank in autumn 2007 on a five-month contract and 2009–2010 on a 15-month contract. Kilponen worked as Senior Economic Adviser in the European Financial Stability Facility (EFSF) during 2010–2011.

 

 Selected publications

 

Publications in journals

The Sensitivity of Job Destruction to Vintage and Tenure Effects with Juuso Vanhala, Bank of Finland
Scandinavian Journal of Economics (forthcoming)

Consumption, Leisure and Borrowing Constraints
The B.E. Journal of Macroeconomics 12(1), 2012

Transmission Lags and Optimal Monetary Policy with Kai Leitemo, Norwegian School of Management (BI)
Journal of Economic Dynamics and Control 35(4), 2011

New Evidence of Implicit Contracts from Linked Employer-Employee Data with Torsten Santavirta, Aalto School of Economics
Scandinavian Journal of Economics 112(4), 2010

Why Do Growth Rates Differ? Evidence from Cross-country Data on Private Sector Production with Matti Viren, Bank of Finland
Economica, Published on-line in July, 2009

Model Uncertainty and Delegation: A Case for Friedman's k-percent Money Growth Rule? with Kai Leitemo, Norwegian School of Management (BI)
Journal of Money Credit and Banking, 40(2-3), 2008

Un Siglo y Media de Velocidad de Circulación del Dinero en España: Estimatión y Determinantes with Concepción Garciá-Iglesias (University of Helsinki) and Albert Carreras (Pompeu Fabra University)
Revista de Historia Economica (Journal of Iberian and Latin American Economic History) No. 2 2006

Taxation and Centralised Wage Setting: The Case of Endogenous Labour Supply with Pekka Sinko (Government Institute for Economic Research)
Scottish Journal of Political Economy, 52(4), 2005

Labour taxation, public finance and wage-determination with Jaakko Kiander and Jouko Vilmunen
European Journal of Political Economy, 20, 2004

Labour Market Flexibility in the Euro Area with David Mayes and Jouko Vilmunen (Bank of Finland)
European Business Journal 12(2) 2000.

Articles in books and collections

Factor Mobility with David Mayes
The European Union Economics and Policies, 8th Edition, (ed). Ali El-Agraa, Cambridge University Press, 2007

Monetary Aspects of Changing Economy with Concepción Garciá-Iglesias, University of Helsinki
The Road to Prosperity: An Economic History of Finland (Eds. Jari Ojala, Jari Eloranta and Jukka Jalava). Suomen Kirjallisuuden Seura 2006

Model Misspecification, Robustness and Monetary Policy with Mark Salmon, City University Business School
Money Matters, Essays in Honour of Alan Walters, Patrick Minford (Ed.), Edwar Elgar Publishing Ltd, 2004. 62-78

Factor Mobility with David Mayes
The European Union Economics and Policies, 7th Edition, (ed). Ali El-Agraa, Pearson Education, 2004

Nordic Countries during the Classical Gold Standard Period – A Structural Time Series Approach with Concepción Garciá-Iglesias, University of Helsinki
Studying Economic Growth. New Tools and Perspectives P. Vikström (ed.), Occasional Paper in Economic History, Umeå University, No. 7, 2004 

Discussion papers and research reports

Welfare and bond pricing implications of fiscal stabilization policies with Kai Christoffel and Ivan Jaccard
Bank of Finland Research Discussion Paper 32/2013 

Estimating Intertemporal Elasticity of Substitution in a Sticky Price Monetary Policy Model with Oskari Vähämaa (University of Turku) and Jouko Vilmunen (Bank of Finland)
Bank of Finland Research Discussion Paper 09/2013

Sovereign risk, European crisis resolution policies and bond yields with Helinä Laakkonen and Jouko Vilmunen (Bank of Finland)
Bank of Finland Research Discussion Paper 22/2012 (under revision in International Journal of Central Banking)

Government Bond Risk Premia and the Cyclicality of Fiscal Policy with Kai Christoffel and Ivan Jaccard
European Central Bank ECB Working Paper No. 1411, 2011
 
New Evidence of Implicit Contracts from Linked Employer-Employee Data with Torsten Santavirta, Aalto School of Economics
Bank of Finland discussion paper series 12/2010.
 
Productivity and Job Flows: Heterogeneity of New Hires and Continuing Jobs in the Business Cycle. with Juuso Vanhala
Bank of Finland ECB Working Paper, No. 1080, 2009 and Bank of Finland Discussion Paper 15/2009
 
Euler consumption equation with non-separable preferences over consumption and leisure and collateral constraints.
Bank of Finland discussion paper series 9/2009
 
Why do growth rates differ? Evidence from cross-country data on private sector production ith Matti Viren
Bank of Finland Research Discussion Papers 13/2008
 
Bank Capital Buffers, the Cost Channel and Monetary policy with Alistair Milne, London City University Business School
Bank of Finland Discussion paper series, 33/2007
 
GDP at Risk in a DSGE Model: An Application to Banking Sector Stress Testing with Esa Jokivuolle and Tero Kuusi.
Bank of Finland Discussion paper series, 26/2007
 
Discretion and Transmission Lags of Monetary Policy with Kai Leitemo
Bank of Finland Discussion paper series, 8/2007
 
When Do R&D Subsidies Boost Innovation? - Revisiting the Inverted-U Shape with Torsten Santavirta (University of Helsinki)
Bank of Finland Discussion paper series, 10/2007
 
Population Ageing in Small Open Economy: Some Policy Experiments Using Tractable General Equilibrium model with Helvi Kinnunen and Antti Ripatti, Bank of Finland
Bank of Finland Discussion Paper Series 28/2006.
 
Labour and Product Market Reforms in General Equilibrium – Simulation Results Using a DGE Model of the Finnish Economy with Antti Ripatti
Bank of Finland Discussion Paper Series, 5/2006
 
Elements of robust decision theory applied to U.K. monetary policy with Mark Salmon, London City University Business School
Warwick Finance working paper series 05-233, 2005
 
Robustness in Policymaking: A Case for the Friedman Rule with Kai Leitemo
Bank of Finland Discussion Paper Series, 4/2006.
 
Robust Expectations and Uncertain Models - Robust Control Approach with Application to the New Keynesian Economy
Bank of Finland Discussion Papers, 5/2004.
 
A Positive Theory of Monetary Policy and Robust Control,
Bank of Finland Discussion Papers 18, 2003
 
Does Centralised Wage Setting Lead into Higher Taxation with Pekka Sinko
Government Institute for Economic Research Discussion Papers, N0. 314, 2003
 
Science and Technology Policy in the Smaller Economies with Elina Berghäll, Reino Hjerppe, Tuomo Heikkilä, Jaakko Kiander, Peter Stanovnik, Vladimir Lavrac,
Government Institute for Economic Research, Research Report No. 91, 2002.
 
Labour Taxation and the Degree of Centralisation in a Trade Union Model with Endogenous Labour Supply with Pekka Sinko (Government Institute for Economic Research)
Government Institute for Economic Research, Discussion paper, No. 250, 2001
 
Taxation, Growth and Unemployment – Does Collective Bargaining Matter with Jaakko Kiander (VATT) and Jouko Vilmunen (BOF)
Government Institute for Economic Research Discussion Paper No. 235, 2000
 
On the Trade-off between Employment and Income Protection in the Dynamic Labour Markets
Government Institute for Economic Research, Discussion paper No. 219, 2000
 
Central Bank Independence and Wage Bargaining Structure - Empirical Evidence
Bank of Finland Discussion Paper 9/99, 1999
 
Inflation Target and the Structure of Labour Markets: Implications for Common Monetary Policy
Bank of Finland Discussion Paper 7/99, 1999
 
Causality and Co-Integration: Empirical Application for Money, Interest Rates and Real Income: The Case of France and Japan with Koichiro Sone
Kiel Advanced Studies Working Papers, No. 250, 1993.
 
Turbulence of the European Monetary System: Causes and Consequences with Koichiro Sone and and Liv Sannes
Kiel Advanced Studies Working Papers, No. 237, 1992.
 
Interest Rates, Exchange Rate Expectations and Monetary Autonomy: Some Finnish Evidence
Discussion Paper No. 23, University of Joensuu, 1992.