Objectives
The research function at the Bank of Finland builds on expertise to support the Bank’s active membership of the Eurosystem.
High academic quality and visibility of the Bank's research function enhance its influence within the Eurosystem.
Research seeks to meet high academic standards and to be of practical policy relevance. In addition to publications in refereed international academic journals, active participation in scientific meetings and close cooperation with the academic research community are integral parts of the research objectives and means to screen the quality of the Bank’s research.
The Bank’s research function is constantly monitored for its academic quality and policy relevance. In addition, an external evaluation of the Bank’s research function is carried out by internationally renowned academic experts every five years.
Key areas and resources
The Bank’s research focus reflects its relative strengths and comparative advantages and serves its strategic objectives in the Eurosystem. The key areas of research are set for the long term.
Interaction and stability of financial markets and the macroeconomy is the key area of research pursued in the research unit.
Research on transition and emerging economies is carried out in the Bank of Finland Institute for Economies in Transition (BOFIT).
The Bank’s research is organized in these two units of the Monetary Policy and Research Department.
- All researchers are PhD economists having fixed-term assignments as research economists. They have also some policy responsibilities. The Bank’s research function is furthermore strengthened by scientific advisors, research fellows and other visiting scholars.