Bank of Finland refereed research

The aim of the Bank of Finland's research activities is to meet the academic quality criteria set for high level research. Therefore, the Bank aims to have the results of these research projects published in internationally recognised journals, in which quality is guaranteed by peer review.

2024

Moreno, Diego; Takalo, Tuomas
Stress Test Precision and Bank Competition
Forthcoming: Economics Letters 7.4.2024
Stanisławska, Ewa; Paloviita, Maritta
Heterogeneous responsiveness of consumers’ medium-term inflation expectations
Published: Economics Letters 5.3.2024
Takalo, Tuomas
Julkisen tutkimus- ja kehitysrahoituksen suuntaaminen
Forthcoming: Kansantaloudellinen aikakauskirja 5.3.2024
Kauko, Karlo
How to Detect what Drives Deviations from Benford’s Law? An Application to Bank Deposit Data
Forthcoming: Empirical Economics 28.2.2024
Sihvonen, Markus
Yield Curve Momentum
Online First: Review of Finance 10.2.2024
Eo, Yunjong; McClung, Nigel
Determinacy and E-stability with interest rate rules at the zero lower bound
Online First: Journal of Money, Credit and Banking 21.1.2024

2023

Gibbs, Christopher G. ; McClung, Nigel
Does my model predict a forward guidance puzzle?
Published: Review of Economic Dynamics 15.12.2023
Laine, Olli-Matti; Pihlajamaa, Matias
Pushing and pulling on a string? Inflationary effects of expansionary and contractionary monetary policies when rates are negative
Published: Economic Modelling 9.12.2023
Moreno, Diego; Takalo, Tuomas
Precision of Public Information Disclosures, Banks' Stability and Welfare
Forthcoming: Journal of Money, Credit and Banking 22.11.2023
Granziera, Eleonora; Sihvonen, Markus
Bonds, Currencies and Expectational Errors
Published: Journal of Economic Dynamics and Control 20.11.2023
Ascari, Guido; Mavroeidis, Sophocles; McClung, Nigel
Coherence without Rationality at the zero lower bound
Published: Journal of Economic Theory 31.10.2023
Simola, Heli
Pakotteiden vaikutuksesta Venäjän talouteen
Published: Idäntutkimus 24.10.2023
Herrala, Risto; Adelegan, Olatundun
Estimating the impact of the Bankruptcy and Insolvency Act on debt limits and debt capacity of Nigerian firms ˗ with supporting evidence from Kenya and Ghana
Forthcoming: Journal of African Development 18.10.2023
Heikkinen, Joni; Heimonen, Kari
Nowcasting the Nowcasting – Forecasting ISM Business surveys (PMI and NSI) with Weekly Google Trends
Online First: Applied Economics 10.10.2023
Raijas, Anu; Kalmi, Panu; Vaahtoniemi, Saara; Ranta, Mette; Ruuskanen, Olli-Pekka; Buturak, Gökham
Suomalaisten talousosaaminen tarkastelussa
Published: Kansantaloudellinen aikakauskirja 8.10.2023
Avela, Aleksi; Lehmus, Markku
Negative Economic Sentiment Index Based on Finnish News Titles
Published: Journal of the Finnish Economic Association 6.10.2023
Raijas, Anu; Kaittila, Annina ; Isoniemi, Henna; Viitasalo, Katri; Moisio, Meri ; Toikka, Enna ; Tuominen, Jarno; Hakovirta, Mia
A Pilot Randomized Controlled Trial of Intervention for Social Work Clients with Children Facing Complex Financial Problems in Finland (FinSoc) : A Study Protocol
Online First: Journal of Evidence-Based Social Work 1.9.2023
Fungáčová, Zuzana; Schoors, Koen ; Solanko, Laura; Weill, Laurent
Staying on top: Political cycles in private bank lending
Published: Journal of Comparative Economics 31.8.2023
Martins, Manuel M.F.; Verona, Fabio
Inflation dynamics in the frequency domain
Published: Economics Letters 10.8.2023
Laine, Olli-Matti
Monetary policy transmission to firms’ investments — It may depend on the tool
Published: Economics Letters 15.6.2023
Ambrocio, Gene; Hasan, Iftekhar
Political ties and the yield curve
Published: Economics Letters 19.5.2023
Fungáčová, Zuzana; Karas, Alexei; Solanko, Laura; Weill, Laurent
The Politics of Bank Failures in Russia
Published: Post-Soviet Affairs 19.5.2023
Simola, Heli; Röyskö, Aino
Russia's technology imports from Asia
Published: Asian Economic Papers 8.4.2023
Sihvonen, Markus
Equity Home Bias in a Capital Market Union
Published: IMF Economic Review 1.3.2023
Laine, Olli-Matti
Monetary Policy and Stock Market Valuation
Published: International Journal of Central Banking 1.3.2023
Hukkinen, Juhana; Virén, Matti
Was Globalization the Root Cause of Inflation?
Online First: Economia Internazionale / International Economics 1.3.2023
Virén, Matti
Consumption-led expansions lead to lower future output growth
Published: Przeglad Statystyczny. Statistical Review 28.2.2023
Bighelli, Tommaso; Lalinsky, Tibor; Vanhala, Juuso
Cross-country evidence on the allocation of COVID-19 government subsidies and consequences for productivity
Online First: Journal of the Japanese and International Economies 22.1.2023
Breitenlechner, Max; Nuutilainen, Riikka
China’s Monetary Policy and the Loan Market: How Strong is the Credit Channel in China?
Published: Open Economies Review 10.1.2023

2022

Nurmi, Satu; Vanhala, Juuso; Virén, Matti
Are zombies for real? Evidence from zombie dynamics
Published: International Journal of Industrial Organization 27.10.2022
Herrala, Risto; Turk Ariss, Rima
Debt limits and monetary policy during the euro area crisis
Published: Applied Economics 11.10.2022
Fungáčová, Zuzana; Kerola, Eeva; Weill, Laurent
Does Experience of Banking Crises Affect Trust in Banks?
Published: Journal of Financial Services Research 2.10.2022
Kauko, Karlo
Velkaantuneiden kotitalouksien rahoitusvarallisuudesta
Published: Kansantaloudellinen aikakauskirja 29.9.2022
Fungáčová, Zuzana; Kerola, Eeva; Weill, Laurent
Does Bank Efficiency Affect the Bank Lending Channel in China?
Published: Emerging Markets Review 19.9.2022
Borio, Claudio; Disyatat, Piti ; Juselius, Mikael; Rungcharoenkitkul, Phurichai
Why So Low for So Long? A Long-Term View of Real Interest Rates
Published: International Journal of Central Banking 5.9.2022
Martinez, Joseba ; Philippon, Thomas; Sihvonen, Markus
Does a Currency Union Need a Capital Market Union
Published: Journal of International Economics 12.8.2022
Kilponen, Juha; Vilmunen, Jouko; Vähämaa, Oskari
Revisiting intertemporal elasticity of substitution in a sticky price model
Published: Journal of Economic Dynamics and Control 26.7.2022
Kilponen, Juha; Verona, Fabio
Investment dynamics and forecast: Mind the frequency
Published: Finance Research Letters 28.6.2022
Ambrocio, Gene; Gu, Xian; Hasan, Iftekhar
Political ties and raising capital in global markets: Evidence from Yankee bonds
Published: Journal of Corporate Finance 28.5.2022
Blomkvist, Magnus ; Korkeamäki, Timo ; Takalo, Tuomas
Learning and staged equity financing
Published: Journal of Corporate Finance 16.5.2022
Laine, Olli-Matti
The Term Structure of Equity Premia and the Macroeconomy : Some Results
Published: Economics Letters 14.5.2022
Korhonen, Iikka; Simola, Heli
How Important Are Russia's External Economic Links?
Published: Asian Economic Papers 9.5.2022
Juvonen, Petteri
Wage-setting coordination in a small open economy
Online First: Scandinavian Journal of Economics 7.5.2022
Virén, Matti
The fiscal consequences of immigration: a study of local governments’ expenditures
Forthcoming: Review of Regional Research 2.5.2022
Davydov, Denis; Sihvonen, Jukka; Solanko, Laura
Who cares about sanctions? Observations from annual reports of European firms
Published: Post-Soviet Affairs 11.3.2022
Ambrocio, Gene
Euro-area business confidence and COVID-19
Published: Applied Economics 4.3.2022
Ambrocio, Gene; Colak, Gonul; Hasan, Iftekhar
Commitment or constraint? The effect of loan covenants on merger and acquisition activity
Published: Finance Research Letters 31.1.2022

2021

McClung, Nigel
The Power of Forward Guidance and the Fiscal Theory of the Price Level
Published: International Journal of Central Banking 1.12.2021
Laine, Olli-Matti; Lindblad, Annika
Nowcasting Finnish GDP growth using financial variables: a MIDAS approach
Published: Journal of the Finnish Economic Association 28.11.2021
Ambrocio, Gene; Gu, Xian; Hasan, Iftekhar; Politsidis, Panagiotis
The diplomacy discount in global syndicated loans
Published: Journal of International Money and Finance 6.11.2021
D'Acunto, Francesco; Hoang, Daniel; Paloviita, Maritta; Weber, Michael
IQ, Expectations, and Choice
Published: Review of Economic Studies 31.10.2021
Alpanda, Sami; Granziera, Eleonora; Zubairy, Sarah
State dependence of monetary policy across business, credit and interest rate cycles
Published: European Economic Review 15.10.2021
Kilponen, Juha; Kontulainen, Jarmo
Onko inflaatio rahataloudellinen vai fiskaalinen ilmiö?
Published: Kansantaloudellinen aikakauskirja 4.10.2021
Takalo, Tuomas; Hyytinen, Ari; Stevenson, Alexis
Patenttien yksityinen arvo : kirjallisuuskatsaus ja uusia tuloksia Suomesta
Published: Kansantaloudellinen aikakauskirja 4.10.2021
Fungáčová, Zuzana; Turk, Rima; Weill, Laurent
High Liquidity Creation and Bank Failures
Published: Journal of Financial Stability 10.9.2021
Tölö, Eero; Jokivuolle, Esa; Virén, Matti
Have Too-Big-To-Fail Expectations Diminished? Evidence from the European Overnight Interbank Market
Published: Journal of Financial Services Research 15.8.2021
Ambrocio, Gene; Hasan, Iftekhar
Quid pro quo? Political ties and sovereign borrowing
Published: Journal of International Economics 14.8.2021
Lintunen, Jussi; Vilmi, Lauri
Optimal Emission Prices Over the Business Cycles
Published: Environmental and Resource Economics 2.8.2021
Caggiano, Giovanni; Castelnuovo, Efrem; Nodari, Gabriela
Uncertainty and monetary policy in good and bad times: A Replication of the VAR investigation by Bloom (2009)
Published: Journal of Applied Econometrics 20.7.2021
Stanisławska, Ewa; Paloviita, Maritta; Łyziak, Tomasz
Consumer inflation views: micro-level inconsistencies and macro-level measures
Published: Economics Letters 17.7.2021
Faryna, Oleksandr; Simola, Heli
The Transmission of International Shocks to CIS Economies: A Global VAR Approach
Published: Economic Systems 22.6.2021
Laine, Olli-Matti
The Effect of Targeted Monetary Policy on Bank Lending
Published: Journal of Banking and Financial Economics 18.6.2021
Kultti, Klaus; Takalo, Tuomas; Vähämaa, Oskari
Intermediation in a Directed Search Model
Published: Journal of Economics & Management Strategy 15.6.2021
Herrala, Risto; Orlandi, Fabrice
Win-Win? Assessing the global impact of the Chinese economy
Published: Asia & Global Economy 15.6.2021
Haavio, Markus; Jalasjoki, Pirkka; Kilponen, Juha; Paloviita, Maritta
What does "below, but close to, two per cent" mean? Assessing the ECB's reaction function with real time data
Published: International Journal of Central Banking 1.6.2021
Herrala, Risto
Can China Be Less Dependent on Exports?
Online First: The New Chinese Dream : Industrial Transition in the Post-Pandemic Era 29.5.2021
Tölö, Eero; Virén, Matti
How much do non-performing loans hinder loan growth in Europe?
Published: European Economic Review 26.5.2021
Virén, Matti; Oinonen, Sami
Effects of Monetary Policy Decisions on Professional Forecasters’ Expectations and Expectation Uncertainty
Published: Economia Internazionale / International Economics 24.5.2021
Juselius, Mikael; Takáts, Előd
Inflation and demography through time
Published: Journal of Economic Dynamics and Control 30.4.2021
Gulan, Adam; Haavio, Markus; Kilponen, Juha
Can large trade shocks cause crises? The case of the Finnish-Soviet trade collapse
Published: Journal of International Economics 24.4.2021
He, Qing; Korhonen, Iikka; Qian, Zongxin
Monetary policy transmission with two exchange rates and a single currency : The Chinese experience
Published: International Review of Economics & Finance 20.4.2021
Ambrocio, Gene; Jang, Tae-Seok
The Impact of the Global Financial Crisis on Investment in Finland and South Korea
Published: Journal of Business Cycle Research 16.4.2021
Schmöller, Michaela; Spitzer, Martin; Elfsbacka Schmöller, Michaela
Deep Recessions, Slowing Productivity and Missing (Dis-)inflation in the euro area
Published: European Economic Review 5.3.2021
Francis, Bill B.; Hasan, Iftekhar; Shen, Yinjie (Victor); Wu, Qiang
Do activist hedge funds target female CEOs? The role of CEO gender in hedge fund activism
Published: Journal of Financial Economics 27.2.2021
Kauko, Karlo
The Vanishing Interest Income of Chinese Banks
Published: Asian Economic Papers 11.2.2021
Jones, Derek C.; Kalmi, Panu; Kato, Takao; Mäkinen, Mikko
The Differing Effects of Individual and Group Incentive Pay on Worker Separation: Evidence using Finnish Panel Data
Published: International Journal of Human Resource Management 15.1.2021

2020

Ranta, Mette; Raijas, Anu
Perhe- ja yksilötekijöiden yhteys itsenäisesti asuvien nuorten taloudelliseen eriarvoisuuteen
Published: Nuorisotutkimus 28.12.2020
Hasan, Iftekhar; Hassan, Gazi; Kim, Suk-Joong; Wu, Eliza
The real impact of ratings-based capital rules on the finance-growth nexus
Published: International Review of Financial Analysis 21.12.2020
Virén, Matti; Oinonen, Sami
Long-run inflation expectations in the ECB survey of professional forecasters: what do the survey responses tell us?
Published: Equilibrium. Quarterly Journal of Economics and Economic Policy 20.12.2020
Delis, Manthos D.; Hasan, Iftekhar; Iosifidi, Maria; Ongena, Steven
Gender, Credit, and Firm Outcomes
Published: Journal of Financial and Quantitative Analysis 7.12.2020
Kauko, Karlo; Tölö, Eero
Banking Crisis Prediction with Differenced Relative Credit
Published: Applied Economics Quarterly 2.12.2020
Kauko, Karlo; Tölö, Eero
On the long-run calibration of the credit-to-GDP gap as a banking crisis predictor
Published: Finnish Economic Papers 30.11.2020
Honkapohja, Seppo; Mitra, Kaushik
Price level targeting with evolving credibility
Published: Journal of Monetary Economics 29.11.2020
Hasan, Iftekhar; He, Qing; Lu, Haitian
Social Capital, Trusting, and Trustworthiness: Evidence from Peer-to-Peer Lending
Published: Journal of Financial and Quantitative Analysis 3.11.2020
Faria, Gonçalo; Verona, Fabio
Time-frequency forecast of the equity premium
Published: Quantitative Finance 23.10.2020
Arifin, Taufiq; Hasan, Iftekhar; Kabir, Rezaul
Transactional and relational approaches to political connections and the cost of debt
Published: Journal of Corporate Finance 22.10.2020
Takalo, Tuomas
Switching costs in the Finnish retail deposit market
Published: Journal of the Finnish Economic Association 8.10.2020
McClung, Nigel
E-Stability vis-a-vis Determinacy in Regime-Switching Model
Published: Journal of Economic Dynamics and Control 6.10.2020
Ambrocio, Gene; Hasan, Iftekhar; Jokivuolle, Esa; Ristolainen, Kim
Are bank capital requirements optimally set? Evidence from researchers’ views
Published: Journal of Financial Stability 22.7.2020
Jokivuolle, Esa; Vihriälä, Vesa; Virolainen, Kimmo; Westman, Hanna
Bail-In: EU Rules and Their Applicability in the Nordic Context
Published: Nordic Economic Policy Review 15.6.2020
Arias, Jonas E.; Ascari, Guido; Branzoli, Nicola; Castelnuovo, Efrem
Positive Trend Inflation and Determinacy in a Medium-Sized New Keynesian Model
Published: International Journal of Central Banking 15.6.2020
Gaganis, Chrysovalantis; Hasan, Iftekhar; Pasiouras, Fotios
Cross-country evidence on the relationship between regulations and the development of the life insurance sector
Published: Economic Modelling 10.6.2020
Ambrocio, Gene
Fear, overconfidence, and fundamental uncertainty shocks
Published: Applied Economics Letters 7.6.2020
Tölö, Eero
Predicting systemic financial crises with recurrent neural networks
Published: Journal of Financial Stability 31.5.2020
Elyasiani, Elyas; Hasan, Iftekhar; Kalotychou, Elena; Pouliasis, Panos K.; Staikouras, Sotiris K.
Banks’ equity performance and the term structure of interest rates
Published: Financial Markets, Institutions and Instruments 29.5.2020
Martins, Manuel M. F.; Verona, Fabio
Bond vs bank finance and the Great Recession
Published: Finance Research Letters 20.5.2020
Chahine, Salim; Colak, Gonul; Hasan, Iftekhar; Mazboudi, Mohamad
Investor relations and IPO performance
Published: Review of Accounting Studies 17.4.2020
Duru, Augustine; Hasan, Iftekhar; Song, Liang; Zhao, Yijiang
Bank accounting regulations, enforcement mechanisms, and financial statement informativeness : cross-country evidence
Published: Accounting and Business Research 15.4.2020
Delis, Manthos D.; Hasan, Iftekhar; Ongena, Steven
Democracy and credit
Published: Journal of Financial Economics 15.4.2020
Francis, Bill B.; Hasan, Iftekhar; Kostova, Gergana L.; Ben Naceur, Sami
The Dilemma of International Diversification: Evidence from the European Sovereign Debt Crisis
Published: Asia-Pacific Journal of Financial Studies 14.4.2020
Hasan, lftekhar; Hoi, Chun-Keung(Stan); Wu, Qiang; Zhang, Hao; Hasan, Iftekhar
Is social capital associated with corporate innovation? Evidence from publicly listed firms in the U.S
Published: Journal of Corporate Finance 8.4.2020
Hasan, Iftekhar; Minnick, Kristina; Raman, Kartik
Credit allocation when borrowers are economically linked: An empirical analysis of bank loans to corporate customers
Published: Journal of Corporate Finance 7.4.2020
Juselius, Mikael; Drehmann, Mathias
Leverage dynamics and the burden of debt
Published: Oxford Bulletin of Economics and Statistics 1.4.2020
Fungáčová, Zuzana; Godlewski, Christophe; Weill, Laurent
Does the Type of Debt Matter? Stock Market Perception in Europe
Published: Quarterly Review of Economics and Finance 18.3.2020
Verona, Fabio
Investment, Tobin’s Q, and cash flow across time and frequencies
Published: Oxford Bulletin of Economics and Statistics 9.3.2020
Hasan, Iftekhar; Horvath, Roman; Mares, Jan
Finance and wealth inequality
Published: Journal of International Money and Finance 3.3.2020
Hasan, Iftekhar; He, Qing; Lu, Haitian
The impact of social capital on economic attitudes and outcome
Published: Journal of International Money and Finance 19.2.2020
Pönkä, Harri; Stenborg, Markku
Forecasting the state of the Finnish business cycle
Published: Finnish Economic Papers 17.2.2020
Delis, Manthos D.; Hasan, Iftekhar; Mylonidis, Nikolaos
Foreign bank ownership and income inequality : empirical evidence
Published: Applied Economics 15.2.2020
Fungáčová, Zuzana; Klein, Paul-Olivier; Weill, Laurent
Persistent and Transient Inefficiency : Explaining the Low Efficiency of Chinese Big Banks
Published: China Economic Review 15.2.2020
Francis, Bill B.; Hasan, Iftekhar; Zhu, Yun
Managerial effect or firm effect: Evidence from the private debt market
Published: Financial Review 1.2.2020
Kemppainen, Kari
Assessing the development of the European retail payments market from a historical perspective received
Published: Journal of Payments Strategy & Systems 15.1.2020
Goodell, John W.; Goyal, Abhinav; Hasan, Iftekhar
Comparing financial transparency between for-profit and nonprofit suppliers of public goods: Evidence from microfinance
Published: Journal of International Financial Markets, Institutions and Money 15.1.2020
Pekkala Kerr, Sari; Kerr, William; Kerr, Sari
Immigrant entrepreneurship in America : Evidence from the survey of business owners 2007 & 2012
Published: Research Policy 15.1.2020

2019

Gaganis, Chrysovalantis; Hasan, Iftekhar; Pasiouras, Fotios
National culture and housing credit
Published: Journal of Empirical Finance 31.12.2019
Noe, Thomas
Comparing the Chosen : Selection Bias When Selection Is Competitive
Published: Journal of Political Economy 6.12.2019
Kokkinen, Arto
Kasvuteoriat, koulutus ja Suomen talouskasvu 1900-luvulla
Published: Nälkämaasta hyvinvointivaltioksi : Suomi kehityksen kiinniottajana 23.10.2019
Fungáčová, Zuzana; Hasan, Iftekhar; Solanko, Laura; Wachtel, Paul
Banking in the Transition Countries of Central, Southern, and Eastern Europe and the Former Soviet Union
Published: The Oxford Handbook of Banking (3 ed.) 15.10.2019
Granziera, Eleonora; Sekhposyan, Tatevik
Predicting Relative Forecasting Performance: an Empirical Investigation
Published: International Journal of Forecasting 15.10.2019
Juvonen, Petteri; Anttonen, Jetro; Fornaro, Paolo; Nissilä, Wilma; Nyberg, Henri; Pönkä, Harri
Aikasarjamallit apuna Suomen talouden seurannassa
Published: Kansantaloudellinen aikakauskirja 14.10.2019
Kilponen, Juha; Pisani, Massimilian; Schmidt, Sebastian; Corbo, Vesna; Hledik, Tibor; Hollmayr, Josef; Hurtado, Samuel; Júlio, Paulo; Kulikov, Dmitry; Lemoine, Matthieu; Lozej, Matija; Lundvall, Henrik; Maria, José R.; Micallef, Brian; Papageorgiou, Dimitris; Rysanek, Jakub; Sideris, Dimitrios; Thomas, Carlos; Walque, Gregory De
Comparing Fiscal Consolidation Multipliers Across Models in Europe
Published: International Journal of Central Banking 15.9.2019
Gu, Xian; Hasan, Iftekhar; Lu, Haitian
Corporate Misconduct and the Cost of Private Debt : Evidence from China
Published: Comparative Economic Studies 15.9.2019
Fungáčová, Zuzana; Määttä, Ilari; Weill, Laurent
Corruption in China: What Shapes Social Attitudes Toward It?
Published: Comparative Economic Studies 15.9.2019
Francis, Bill; Hasan, Iftekhar; Liu, Liuling; Wang, Haizhi
Employee Treatment and Contracting with Bank Lenders: An Instrumental Approach for Stakeholder Management
Published: Journal of Business Ethics 15.9.2019
Faria, Gonçalo; Verona, Fabio
The yield curve and the stock market: mind the long run
Published: Journal of Financial Markets 11.9.2019
Kerola, Eeva
In search of Fluctuations : Another Look at China's Incredibly Stable GDP Growth Rates
Published: Comparative Economic Studies 1.9.2019
Korhonen, Iikka
Forty Years of Chinese Reforms: An Overview
Published: Comparative Economic Studies 26.8.2019
Borio, Claudio; Disyatat, Piti; Juselius, Mikael; Rungcharoenkitkul, Phurichai
Monetary Policy in the Grip of a Pincer Movement
Published: Monetary Policy and Financial Stability: Transmission Mechanisms and Policy Implications 15.8.2019
Ambrocio, Gene
Rational Exuberance Booms
Published: Review of Economic Dynamics 16.7.2019
Laine, Olli-Matti
The effect of the ECB’s conventional monetary policy on the real economy : FAVAR-approach
Published: Empirical Economics 11.7.2019
Ambrocio, Gene; Hasan, Iftekhar
What drives discretion in bank lending? Some evidence and a link to private information
Published: Journal of Banking and Finance 11.7.2019
Fan, Yiwei; Hasan, Iftekhar; Sau Leung, Woon; Wang, Qingwei
Foreign ownership, bank information environments, and the international mobility of corporate governance
Published: Journal of International Business Studies 20.5.2019
Ascari, Guido; Bonomolo, Paolo; Lopes, Hedibert F.
Walk on the Wild Side: Temporarily Unstable Paths and Multiplicative Sunspots
Published: American Economic Review 15.5.2019
Hasan, Iftekhar; Jackowicz, Krzysztof; Kowalewski, Oskar; Kozłowski, Łukasz
The economic impact of changes in local bank presence
Published: Regional Studies 4.5.2019
Chahine, Salim; Fang, Yiwei; Hasan, Iftekhar; Mazboudi, Mohamad
Entrenchment through corporate social responsibility: Evidence from CEO network centrality
Published: International Review of Financial Analysis 26.4.2019
Sihvonen, Markus
Market Selection with Idiosyncratic Uncertainty
Published: Journal of Economic Theory 23.4.2019
Gaganis, Chrysovalantis; Hasan, Iftekhar; Papadimitri, Panagiota; Tasiou, Menelaos
National culture and risk-taking: Evidence from the insurance industry
Published: Journal of Business Research 15.4.2019
Takalo, Tuomas
Regulation of short-term consumer credits
Published: Journal of Banking Regulation 8.4.2019
Delis, Manthos D.; Hasan, Iftekhar; Tsoumas, Chris
The income elasticity of mortgage loan demand
Published: Financial Markets, Institutions and Instruments 4.4.2019
Mikosch, Heiner; Solanko, Laura
Forecasting Quarterly Russian GDP Growth with Mixed-Frequency Data
Published: Russian Journal of Money and Finance 15.3.2019
Delis, Manthos D.; Hasan, Iftekhar; Iosifidi, Maria
On the Effect of Business and Economic University Education on Political Ideology: An Empirical Note
Published: Journal of Business Ethics 15.3.2019
Stenbacka, Rune; Takalo, Tuomas
Switching costs and financial stability
Published: Journal of Financial Stability 4.3.2019
Kokkinen, Arto
Koulutus, inhimillinen pääoma ja talouskasvu
Published: Vaurastumisen vuodet : Suomen taloushistoria teollistumisen jälkeen 1.3.2019
Deli, Yota; Delis, Manthos D.; Hasan, Iftekhar; Liu, Liuling
Enforcement of banking regulation and the cost of borrowing
Published: Journal of Banking and Finance 26.2.2019
Gu, Xian; Hasan, Iftekhar; Zhu, Yun
Political influence and financial flexibility: Evidence from China
Published: Journal of Banking and Finance 15.2.2019
Brand, Thomas; Isoré, Marlène; Tripier, Fabien
Uncertainty shocks and firm creation: Search and monitoring in the credit market
Published: Journal of Economic Dynamics and Control 15.2.2019
Mitra, Kaushik; Evans, George W. Evans; Honkapohja, Seppo
Fiscal Policy Multipliers in an RBC Model with Learning
Published: Macroeconomic Dynamics 15.1.2019
Francis, Bill; Hasan, Iftekhar; Liu, LiuLing; Wang, Haizhi
Senior debt and market discipline: Evidence from bank-to-bank loans
Published: Journal of Banking and Finance 15.1.2019
Fungáčová, Zuzana; Hasan, Iftekhar; Weill, Laurent
Trust in Banks
Published: Journal of Economic Behavior and Organization 15.1.2019
Tarkka, Juha
What Can We Learn from the Real Bills Doctrine?
Published: Credit and Capital Markets 15.1.2019
Paloviita, Maritta
Cognitive Abilities and Inflation Expectations
Published: AEA Papers and Proceedings 4.1.2019

2018

Solanko, Laura
Russian monetary and fiscal policies in 2014–2018
Published: Putin's Russia : Past Imperfect, Future Uncertain (Seventh Edition) 15.12.2018
Campos, Nauro F.; Fidrmuc, Jarko; Korhonen, Iikka
Business cycle synchronisation and currency unions: A review of the econometric evidence using meta-analysis
Published: International Review of Financial Analysis 28.11.2018
Delis, Manthos D.; Hasan, Iftekhar; Iosifidi, Maria; Li, Lingxiang
Accounting quality in banking: The role of regulatory interventions
Published: Journal of Banking and Finance 26.11.2018
Granziera, Eleonora; Moon, Hyungsik Roger; Schorfheide, Frank
Inference for VARs Identified with Sign Restrictions
Published: Quantitative Economics 15.11.2018
Acemoglu, Daron; Akcigit, Ufuk; Alp, Harun; Bloom, Nicholas; Kerr, William
Innovation, Reallocation, and Growth
Published: American Economic Review 15.11.2018
Chahine, Salim; Hasan, Iftekhar; Mazboudi, Mohamad
The role of auditors in merger and acquisition completion time
Published: International Journal of Auditing 15.11.2018
Tukiainen, Janne; Takalo, Tuomas; Hulkkonen, Topi
Relative Age Effects in Political Selection
Published: European Journal of Political Economy 24.10.2018
Paloviita, Maritta; Ikonen, Pasi
Real-time uncertainty in budget planning: Evidence from euro area countries
Published: Journal of Economic Policy Reform 15.10.2018
Berglund, Tom; Mäkinen, Mikko
Do Banks Learn from Financial Crisis? The Experience of Nordic Banks
Published: Research in International Business and Finance 13.9.2018
Fidrmuc, Jarko; Korhonen, Iikka
Meta-analysis of Chinese business cycle correlation
Published: Pacific Economic Review 3.8.2018
Silvo, Aino
The interaction of monetary and macroprudential policies
Published: Journal of Money, Credit and Banking 3.8.2018
Lehmus, Markku
ETLA macro model for forecasting and policy simulations
Published: Economic Modelling 1.8.2018
Parviainen, Sinikka; Gillanders, Robert
Corruption and the shadow economy at the regional level
Published: Review of Development Economics 22.7.2018
Simola, Heli
Chinese Services Gaining Significance in Global Production Chains
Published: Asian Economic Papers 21.6.2018
Kauko, Karlo
Bailouts, franchise value and moral hazard in banking
Published: Singapore Economic Review 15.6.2018
Mäkinen, Mikko; Solanko, Laura
Determinants of Bank Closures: Do Levels or Changes of CAMEL Variables Matter?
Published: Russian Journal of Money and Finance 15.6.2018
Łyziak, Tomasz; Paloviita, Maritta
On the formation of inflation expectations in turbulent times: the case of the euro area
Published: Economic Modelling 15.6.2018
Hasan, Iftekhar; Kobeissi, Nada; Liu, Liuling; Wang, Haizhi
Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Productivity
Published: Journal of Business Ethics 15.5.2018
Fungáčová, Zuzana; Weill, Laurent
Trusting Banks in China
Published: Pacific Economic Review 26.4.2018
Simola, Heli; Comunale, Mariarosaria
The pass-through to consumer prices in CIS economies: The role of exchange rates, commodities and other common factors
Published: Research in International Business and Finance 18.4.2018
Papadia, Francesco; Välimäki, Tuomas
Central Banking in Turbulent Times
Published: Central Banking in Turbulent Times 15.4.2018
Lin, Chih-Yung; Tsai, Wei-Che; Hasan, Iftekhar; Tuan, Le Quoc
Private benefits of control and bank loan contracts
Published: Journal of Corporate Finance 15.4.2018
Francis, Bill B.; Hasan, Iftekhar; Küllü, A. Melih; Zhou, Mingming
Should banks diversify or focus? Know thyself: The role of abilities
Published: Economic Systems 15.3.2018
Tölö, Eero; Laakkonen, Helinä; Kalatie, Simo
Evaluating Indicators for Use in Setting the Countercyclical Capital Buffer
Published: International Journal of Central Banking 1.3.2018
Davydov, Denis; Fungáčová, Zuzana; Weill, Laurent
Cyclicality of Bank Liquidity Creation
Published: Journal of International Financial Markets, Institutions and Money 23.2.2018
Anand, Smriti; Hasan, Iftekhar; Sharma, Priyanka; Wang, Haizhi
State enforceability of noncompete agreements: Regulations that stifle productivity!
Published: Human resource management 23.2.2018
Virtanen, Timo; Tölö, Eero; Virén, Matti; Taipalus, Katja
Can bubble theory foresee banking crises?
Published: Journal of Financial Stability 21.2.2018
Bui, Dien Giau; Chen, Yan-Shing; Hasan, Iftekhar; Lin, Chih-Yung
Can lenders discern managerial ability from luck? Evidence from bank loan contracts
Published: Journal of Banking and Finance 15.2.2018
Fang, Yiwei; Francis, Bill; Hasan, Iftekhar
Differences make a difference: Diversity in social learning and value creation
Published: Journal of Corporate Finance 15.2.2018
Hyytinen, Ari; Putkuri, Hanna
Household Optimism and Overborrowing
Published: Journal of Money, Credit and Banking 22.1.2018
Mäkelä, Erik; Virén, Matti
Migration Effects on Municipalities’ Expenditures
Published: Review of Economics 21.1.2018
Kauko, Karlo
Did taxes, decrees or credibility drive money? Early nineteenth century Finland from a chartalist perspective
Published: Scandinavian Economic History Review 15.1.2018
Hasan, Iftekhar; Meslier, Céline; Tarazi, Amine; Zhou, Mingming
Does it pay to get connected? An examination of bank alliance network and bond spread
Published: Journal of Economics and Business 15.1.2018
Faria, Gonçalo; Verona, Fabio
Forecasting stock market returns by summing the frequency-decomposed parts
Published: Journal of Empirical Finance 15.1.2018
Fung, K.C.; Aminiam, Nathalie; Fu, Maggie; Korhonen, Iikka
Internationalization of the use of Chinese currency: perspectives from the new and the Ancient Silk Roads
Published: Journal of Chinese Economic and Business Studies 15.1.2018

2017

Nuutilainen, Riikka; Korhonen, Iikka
Breaking monetary policy rules in Russia
Published: Russian Journal of Economics 30.12.2017
Hasan, Iftekhar; Khurshed, Arif; Mohamed, Abdulkadir; Wang, Fan
Do venture capital firms benefit from a presence on boards of directors of mature public companies?
Published: Journal of Corporate Finance 29.12.2017
Ristolainen, Kim
Predicting Banking Crises with Artificial Neural Networks: The Role of Nonlinearity and Heterogeneity
Published: Scandinavian Journal of Economics 28.12.2017
Jokivuolle, Esa; Virén, Matti
Miksi Suomi säästyi pankkikriisiltä?
Published: Kansantaloudellinen aikakauskirja 18.12.2017
Hasan, Iftekhar; Kobeissi, Nada; Wang, Haizhi; Zhou, Mingming
Bank financing, institutions and regional entrepreneurial activities: Evidence from China
Published: International Review of Economics & Finance 13.12.2017
Hasan, Iftekhar; Jackowicz, Krzysztof; Kowalewski, Oskar; Kozlowski, Lukasz
Politically connected firms in Poland and their access to bank financing
Published: Communist and Post-Communist Studies 5.12.2017
Mazboudi, Mohamad; Hasan, Iftekhar
Secrecy, information shocks, and corporate investment : Evidence from European Union countries
Published: Journal of International Financial Markets, Institutions and Money 27.11.2017
Paloviita, Maritta; Oinonen, Sami
How Informative are Aggregated Inflation Expectations? Evidence from the ECB Survey of Professional Forecasters
Published: Journal of Business Cycle Research 17.11.2017
Caggiano, Giovanni; Castelnuovo, Efrem; Pellegrino, Giovanni
Estimating the Real Effects of Uncertainty Shocks at the Zero Lower Bound
Published: European Economic Review 15.11.2017
Stern, Caroline; Mäkinen, Mikko; Qian, Zongxin
FinTechs in China – with a special focus on peer to peer lending
Published: Journal of Chinese Economic and Foreign Trade Studies 15.10.2017
Fungáčová, Zuzana; Weill, Laurent
Banking competition in China
Published: Handbook of Competition in Banking and Finance 30.9.2017
Granziera, Eleonora; Bauer, Gregory H.
Monetary Policy, Private Debt and Financial Stability Risks
Published: International Journal of Central Banking 15.9.2017
Juselius, Mikael; Borio, Claudio; Disyatat, Piti; Drehmann, Mathias
Monetary Policy, the Financial Cycle, and Ultra-Low Interest Rates
Published: International Journal of Central Banking 15.9.2017
Hasan, Iftekhar; Khalil, Fahad; Sun, Xian
The Impacts of Intellectual Property Rights Protection on Cross-Border M&As
Published: Quarterly Journal of Finance 15.9.2017
Parviainen, Sinikka; Gillanders, Robert
Experts’ Perceptions versus Firms’ Experiences of Corruption and Foreign Direct Investment
Published: Manchester School 31.8.2017
Deli, Yota D.; Hasan, Iftekhar
Real effects of bank capital regulations: Global evidence
Published: Journal of Banking and Finance 1.8.2017
Paloviita, Maritta
Real time uncertainty in fiscal planning and debt accumulation in the euro area
Published: International Economics and Economic Policy 21.7.2017
Fungáčová, Zuzana; Shamshur, Anastasiya; Weill, Laurent
Does Bank Competition Reduce Cost of Credit? Cross-country Evidence from Europe
Published: Journal of Banking and Finance 15.7.2017
Francis, Bill B.; Hasan, Iftekhar; Hunter, Delroy M.; Zhu, Yun
Do managerial risk-taking incentives influence firms' exchange rate exposure?
Published: Journal of Corporate Finance 4.7.2017
Hasan, Iftekhar; Liu, Liuling; Wang, Haizhi; Zhen, Xinting
Bank Market Power and Loan Contracts: Empirical Evidence
Published: Economic Notes 12.6.2017
Jokivuolle, Esa; Tölö, Eero; Virén, Matti
Do Banks' Overnight Borrowing Rates Lead Their CDS Price? Evidence from the Eurosystem
Published: Journal of Financial Intermediation 25.5.2017
Doumpos, Michael; Hasan, Iftekhar; Pasiouras, Fotios
Bank overall financial strength: Islamic versus conventional banks
Published: Economic Modelling 12.5.2017
Leppänen, Simo; Solanko, Laura; Kosonen, Riitta
The Impact of Climate Change on Regional Government Expenditures: Evidence from Russia
Published: Environmental and Resource Economics 5.5.2017
Hasan, Iftekhar; Hoi, Chun Keung; Wu, Qiang; Zhang, Hao
Social Capital and Debt Contracting: Evidence from Bank Loans and Public Bonds
Published: Journal of Financial and Quantitative Analysis 3.5.2017
Verona, Fabio; Martins, Manuel M.F.; Drumond, Inês
Financial shocks, financial stability, and optimal Taylor rules
Published: Journal of Macroeconomics 22.4.2017
Isoré, Marlène; Szczerbowicz, Urszula
Disaster risk and preference shifts in a New Keynesian model
Published: Journal of Economic Dynamics and Control 14.4.2017
Hasan, Iftekhar; Jackowicz, Krzysztof; Kowalewski, Oskar; Kozłowski, Łukasz
Do local banking market structures matter for SME financing and performance? New evidence from an emerging economy
Published: Journal of Banking and Finance 20.3.2017
Virén, Matti
Mihin perustuvat OECD:n elvytyssuositukset?
Published: Kansantaloudellinen aikakauskirja 20.3.2017
Kemppainen, Kari
Digitalisation : Shaping the retail payment markets while posing new challenges to authorities
Published: Journal of Payments Strategy & Systems 15.3.2017
Jones, Derek C.; Kalmi, Panu; Kato, Takao; Mäkinen, Mikko
Complementarities between employee involvement and financial participation: do institutional context, differing measures, and empirical methods matter?
Published: Industrial and Labor Relations Review 1.3.2017
Ghani, Ejaz; Goswami, Arti Grover; Kerr, William
Highways and Spatial Location within Cities: Evidence from India
Published: World Bank Economic Review 1.3.2017
Delis, Manthos D.; Hasan, Iftekhar; Mylonidis, Nikolaos
The Risk-Taking Channel of Monetary Policy in the U.S.: Evidence from Corporate Loan Data
Published: Journal of Money, Credit and Banking 27.1.2017
Fungáčová, Zuzana; Weill, Laurent; Zhou, Mingming
Bank Capital, Liquidity Creation and Deposit Insurance
Published: Journal of Financial Services Research 21.1.2017
Hasan, Iftekhar; Hoi, Chunkeung; Wu, Qiang; Zhang, Hao
Does Social Capital Matter in Corporate Decisions? Evidence from Corporate Tax Avoidance
Published: Journal of Accounting Research 17.1.2017
Yin, Desheng; Hasan, Iftekhar; Kobeissi, Nada; Wang, Haizhi
Enforceability of noncompetition agreements and firm innovation: does state regulation matter?
Published: Innovation: Organization & Management 16.1.2017
Chang, Roberto; Fernandez, Andres; Gulan, Adam
Bond finance, bank credit, and aggregate fluctuations in an open economy
Published: Journal of Monetary Economics 15.1.2017
Virén, Matti; Hukkinen, Juhana
How toxic is public debt?
Published: International Journal of Public Policy 15.1.2017
Delis, Manthos D.; Gaganis, Chrysovalantis; Hasan, Iftekhar; Pasiouras, Fotios
The effect of board directors from countries with different genetic diversity levels on corporate performance
Published: Management Science 15.1.2017

2016

Francis, Bill B.; Hasan, Iftekhar; John, Kose; Waisman, Maya
Urban Agglomeration and CEO Compensation
Published: Journal of Financial and Quantitative Analysis 29.12.2016
Abedifar, Pejman; Hasan, Iftekhar; Tarazi, Amine
Finance-growth nexus and dual-banking systems: Relative importance of Islamic banks
Published: Journal of Economic Behavior and Organization 15.12.2016
Francis, Bill B.; Hasan, Iftekhar; Kostova, Gergana L.
When do peers matter?: A cross-country perspective
Published: Journal of International Money and Finance 15.12.2016
Borio, Claudio; Disyatat, Piti; Juselius, Mikael
Rethinking potential output: embedding information about the financial cycle
Published: Oxford Economic Papers 7.12.2016
Hasan, Iftekhar; Liu, Liuling; Zhang, Gaiyan
The Determinants of Global Bank Credit-Default-Swap Spreads
Published: Journal of Financial Services Research 5.12.2016
Soedarmono, Wahyoe; Hasan, Iftekhar; Arsyad, Nuruzzaman
Non-linearity in the finance-growth nexus: Evidence from Indonesia
Published: International Economics 1.12.2016
Łyziak, Tomasz; Paloviita, Maritta
Anchoring of inflation expectations in the euro area: recent evidence based on survey data
Published: European Journal of Political Economy 15.11.2016
Mayes, David; Paloviita, Maritta; Virén, Matti
EMU and Anchoring of Inflation Expectations
Published: Economia Internazionale / International Economics 15.11.2016
Honkapohja, Seppo; Turunen-Red, Arja H; Woodland, Alan D.
Growth, expectations and tariffs
Published: Canadian Journal of Economics 15.11.2016
Bonthuis, Boele; Jarvis, Valerie; Vanhala, Juuso
Shifts in euro area Beveridge curves and their determinants
Published: IZA Journal of Labor Policy 10.11.2016
Buchanan, Bonnie
Securitization: A Financing Vehicle for All Seasons?
Published: Journal of Business Ethics 15.10.2016
Virén, Matti
Why isn't Europe Growing?
Published: Economia Internazionale / International Economics 13.10.2016
Haavio, Markus; Kotakorpi, Kaisa
Sin licenses revisited
Published: Journal of Public Economics 21.9.2016
Eller, Markus; Fidrmuc, Jarko; Fungáčová, Zuzana
Fiscal Policy and Regional Output Volatility: Evidence from Russia
Published: Regional Studies 2.9.2016
Fungáčová, Zuzana; Nuutilainen, Riikka; Weill, Laurent
Reserve Requirements and the Bank Lending Channel in China
Published: Journal of Macroeconomics 27.8.2016
Kauko, Karlo
A short note on the net stable funding ratio requirement with endogenous money
Published: Economic Notes 17.8.2016
Francis, Bill; Hasan, Iftekhar; Sun, Xian; Wu, Qiang
CEO political preference and corporate tax sheltering
Published: Journal of Corporate Finance 22.6.2016
Francis, Bill; Hasan, Iftekhar; Li, Lingxiang
Evidence for the Existence of Downward Real-Activity Earnings Management
Published: Journal of Accounting, Auditing & Finance 22.6.2016
Gwilym, Owain Ap; Hasan, Iftekhar; Wang, Qingwe; Xie, Ru
In Search of Concepts: The Effects of Speculative Demand on Stock Returns
Published: European Financial Management 22.6.2016
Kauko, Karlo
Kansakunnan varallisuus; Deskriptiivinen analyysi suomalaisten kotitalouksien rahoitusvarallisuudesta
Published: Kansantaloudellinen aikakauskirja 10.6.2016
Herrala, Risto; Turk-Ariss, Rima
Capital accumulation in a politically unstable region
Published: Journal of International Money and Finance 7.6.2016
Honkapohja, Seppo
Monetary policies to counter the zero interest rate: an overview of research
Published: Empirica 17.5.2016
Verona, Fabio
Time-frequency characterization of the U.S. financial cycle
Published: Economics Letters 17.5.2016
Herrala, Risto; Goel, Rajeev K.
Sharing the Emission Reduction Burden in an Uneven World
Published: Energy Policy 15.5.2016
Fungáčová, Zuzana; Weill, Laurent
Determinants of Financial Inclusion in Asia
Published: Financial Inclusion in Asia: Issues and Policy Concerns 31.3.2016
He, Qing; Korhonen, Iikka; Guo, Junjie; Liu, Fangge
The Geographic Distribution of International Currencies and RMB internationalization
Published: International Review of Economics & Finance 15.3.2016
Korhonen, Iikka; Peresetsky, Anatoly
What Influences Stock Market Behavior in Russia and Other Emerging Countries?
Published: Emerging Markets Finance and Trade 1.3.2016
Moreno, Diego; Takalo, Tuomas
Optimal Bank Transparency
Published: Journal of Money, Credit and Banking 19.1.2016
Virén, Matti; Paloviita, Maritta; Kortelainen, Mika
How useful are measured expectations in estimation and simulation of a conventional small New Keynesian macro model?
Published: Economic Modelling 18.1.2016
Gaganis, Chrysovalantis; Hasan, Iftekhar; Pasiouras, Fotios
Regulations, institutions and income smoothing by managing technical reserves: International evidence from the insurance industry
Published: Omega 5.1.2016

2015

Belousova, Veronika; Goel, Rajeev K.; Korhonen, Iikka
Corruption perceptions versus corruption incidence: Competition for rents across Russian regions
Published: Journal of Economics and Finance 27.12.2015
Lönnqvist, Jan-Erik; Itkonen, Juha
Homogeneity of personal values and personality traits in Facebook social networks
Published: Journal of Research in Personality 18.12.2015
Ferri, Giovanni; Kalmi, Panu; Kerola, Eeva
Organizational structure and performance in European banks: A reassessment
Published: Advances in the Economic Analysis of Participatory & Labor-Managed Firms 15.12.2015
Simola, Heli
Tracing Trade Interdependence between EU and East Asia
Published: Global Economic Review 12.11.2015
Becchetti, Leonardo; Ciciretti, Rocco; Hasan, Iftekhar
Corporate social responsibility, stakeholder risk, and idiosyncratic volatility
Published: Journal of Corporate Finance 9.10.2015
Francis, Bill; Hasan, Iftekhar; Park, Jong Chool; Wu, Qiang
Gender Differences in Financial Reporting Decision Making: Evidence from Accounting Conservatism
Published: Contemporary Accounting Research 15.9.2015
Mäkinen, Mikko; Jones, Derek C.
Comparative efficiency between cooperative, savings and commercial banks in Europe using the frontier approach
Published: Annals of Public and Cooperative Economics 1.9.2015
Francis, Bill; Hasan, Iftekhar; Wu, Qiang
Professors in the Boardroom and their Impact on Corporate Governance and Firm Performance
Published: Financial Management 1.9.2015
Honkapohja, Seppo; Mitra, Kaushik
Comparing Inflation and Price-Level Targeting: The Role of Forward Guidance and Transparency
Published: Manchester School 24.8.2015
Hasan, Iftekhar; Kobeissi, Nada; Wang, Haizhi; Zhou, Mingming
Banking Structure, Marketization, and Small Business Development: Regional Evidence From China
Published: Pacific Economic Review 18.8.2015
Nuutilainen, Riikka
Contemporary Monetary Policy in China: An Empirical Assessment
Published: Pacific Economic Review 18.8.2015
Fernandez, Andres; Gulan, Adam
Interest Rates, Leverage, and Business Cycles in Emerging Economies
Published: American Economic Journal: Macroeconomics 15.7.2015
Francis, B.B.; Hasan, Iftekhar; Song, L.; Yeung, B.
What determines bank-specific variations in bank stock returns? Global evidence
Published: Journal of Financial Intermediation 15.7.2015
Delis, Manthos D.; Hasan, Iftekhar; Tsionas, Efthymios G.
Banks' Risk Endogenous to Strategic Management Choices
Published: British Journal of Management 7.7.2015
Itkonen, Juha
Social ties and concern for global warming, Climatic Change
Published: Climatic Change 19.6.2015
Herrala, Risto; Jia, Yandong
Toward state capitalism in China?
Published: Asian Economic Papers 15.6.2015
Fungáčová, Zuzana; Weill, Laurent
Understanding Financial Inclusion in China
Published: China Economic Review 10.6.2015
Eerola, Essi; Lyytikäinen, Teemu
On the role of public price information in housing markets
Published: Regional Science and Urban Economics 19.5.2015
Fidrmuc, Jarko; Fungáčová, Zuzana; Weill, Laurent
Does Bank Liquidity Creation Contribute to Economic Growth? Evidence from Russia
Published: Open Economies Review 30.4.2015
Fungáčová, Zuzana; Kochanova, Anna; Weill, Laurent
Does Money Buy Credit? Firm-Level Evidence on Bribery and Bank Debt
Published: World Development 27.4.2015
Virén, Matti
Why so little revenues are obtained from a presumed large shadow economy?
Published: Economics of Governance 26.4.2015
Francis, Bill; Gupta, Aparna; Hasan, Iftekhar
Impact of compensation structure and managerial incentives on bank risk taking
Published: European Journal of Operational Research 16.4.2015
Kultti, Klaus; Mauring, Eeva; Vanhala, Juuso; Vesala, Timo
Adverse Selection in Dynamic Matching Markets
Published: Bulletin of Economic Research 8.4.2015
Jokivuolle, Esa; Pesola, Jarmo; Virén, Matti
Why is credit-to-GDP a good measure for setting countercyclical capital buffers?
Published: Journal of Financial Stability 20.3.2015
Hakenes, Hendrik; Hasan, Iftekhar; Molyneux, Phil; Xie, Ru
Small banks and local economic development
Published: Review of Finance 15.3.2015
Kauko, Karlo; Punzi, Maria Teresa
Testing the global banking glut hypothesis
Published: Journal of Financial Stability 3.3.2015
Kilponen, Juha; Vilmunen, Jouko; Laakkonen, Helinä
Sovereign risk, European crisis resolution policies and bond yields
Published: International Journal of Central Banking 1.3.2015
Hasan, Iftekhar; Raymar, Steven; Song, Liang
Effects of corporate and country governance on R&D investment: Evidence from emerging markets
Published: Singapore Economic Review 26.2.2015
Shaffer, Sherrill; Hasan, Iftekhar; Zhou, Mingming
New Small Firms and Dimensions of Economic Performance
Published: Economic Development Quarterly 23.2.2015
Curcio, Domenico; Hasan, Iftekhar
Earnings and capital management and signaling: the use of loan-loss provisions by European banks
Published: European Journal of Finance 15.1.2015
Granziera, Eleonora; Kozicki, Sharon
House Price Dynamics: Fundamentals and Expectations
Published: Journal of Economic Dynamics and Control 15.1.2015
Hasan, Iftekhar; Siddique, Akhtar; Sun, Xian
Monitoring the “invisible” hand of market discipline: Capital adequacy revisited
Published: Journal of Banking and Finance 15.1.2015
Hasan, Iftekhar; Massoud, Nadia; Saunders, Anthony; Song, Keke
Which Financial Stocks did Short Sellers Target in the Subprime Crisis?
Published: Journal of Banking and Finance 6.1.2015

2014

Fidrmuc, Jarko; Korhonen, Iikka; Poměnková, Jitka
Wavelet spectrum analysis of business cycles of China and G7 countries
Published: Applied Economics Letters 18.12.2014
Kemppainen, Kari
Competition-cooperation nexus in the European retail payment markets: views from a network industry perspective
Published: Journal of Payments Strategy & Systems 11.12.2014
Kauko, Karlo
Does opaqueness make equity capital expensive for banks?
Published: Revista de economía del Rosario 3.12.2014
Korhonen, Marko; Puhakka, Mikko; Virén, Matti
Economic hardship and suicide mortality in Finland, 1875–2010
Published: European Journal of Health Economics 2.12.2014
Verona, Fabio
Investment dynamics with information costs
Published: Journal of Money, Credit and Banking 21.11.2014
Kopsakangas-Savolainen, Maria; Takalo, Tuomas
Competition before sunset: The case of the Finnish ATM market
Published: Review of Network Economics 20.11.2014
Hasan, Iftekhar; Martikainen, Emmi; Takalo, Tuomas
Promoting Efficient Retail Payments
Published: Journal of Payments Strategy & Systems 6.11.2014
Ferri, Giovanni; Kalmi, Panu; Kerola, Eeva
Does bank ownership affect lending behavior? Evidence from the Euro area
Published: Journal of Banking and Finance 1.11.2014
Kauko, Karlo
Minkälainen kello kilkattaa pankkikriisin kaulassa
Published: Kansantaloudellinen aikakauskirja 6.10.2014
Martikainen, Emmi; Schmiedel, Heiko; Takalo, Tuomas
Convergence of European Retail Payments
Published: Journal of Banking and Finance 5.10.2014
Vanhala, Juuso; Kilponen, Juha
The Sensitivity of Job Destruction to Vintage and Tenure Effects
Published: Scandinavian Journal of Economics 3.10.2014
Verona, Fabio
Pervasive inattentiveness
Published: Economics Letters 28.9.2014
Granziera, Eleonora; Hubrich, Kirstin; Moon, Hyungsik Roger
A Predictability Test for a Small Number of Nested Models
Published: Journal of Econometrics 15.9.2014
Kauko, Karlo
How to foresee banking crises? A survey of empirical literature
Published: Economic Systems 15.9.2014
Francis, Bill; Hasan, Iftekhar; Zhud, Yun
Political uncertainty and bank loan contracting
Published: Journal of Empirical Finance 30.8.2014
Francis, Bill; Hasan, Iftekhar; Li, Lingxiang
Abnormal real operations, real earnings management, and subsequent crashes in stock prices
Published: Review of Quantitative Finance and Accounting 26.8.2014
Delis, Manthos D.; Hasan, Iftekhar; Kazakis, Pantelis
Bank Regulations and Income Inequality: Empirical Evidence
Published: Review of Finance 15.8.2014
Honkapohja, Seppo
Financial crises: Lessons from the Nordic experience
Published: Journal of Financial Stability 15.8.2014
Hasan, Iftekhar; Hoi, Chun Keung (Stan); Wu, Qiang; Zhang, Hao
Beauty is in the eye of the beholder: The effect of corporate tax avoidance on the cost of bank loans
Published: Journal of Financial Economics 15.7.2014
Hasan, Iftekhar; Delis, Manthos D.; Tsionas, Efthymios G.
The risk of financial intermediaries
Published: Journal of Banking and Finance 15.7.2014
Fungáčová, Zuzana; Solanko, Laura; Weill, Laurent
Does Competition Influence the Bank Lending Channel in the Euro Area?
Published: Journal of Banking and Finance 11.7.2014
Hasan, Iftekhar; Kobeissi, Nada; Song, Liang
Corporate Governance, Investor Protection, and Firm Performance in MENA Countries
Published: Middle East Development Journal 3.7.2014
Ferri, Giovanni; Kalmi, Panu; Kerola, Eeva
Organizational structure and exposure to crisis among European banks: evidence from rating changes
Published: Journal of Entrepreneurial and Organizational Diversity 17.6.2014
Shen, Chung-Hua; Hasan, Iftekhar; Lin, Chih-Yung Lin
The Government's Role in Government-owned Banks
Published: Journal of Financial Services Research 9.6.2014
Hasan, Iftekhar; Francis, Bill; Sun, Xian
Does relationship matter? The choice of financial advisors
Published: Journal of Economics and Business 15.5.2014
Francis, Bill; Hasan, Iftekhar; Wu, Qiang; Yan, Meng
Are female CFOs less tax aggressive? Evidence from tax aggressiveness
Published: Journal of American Taxation Association 9.5.2014
Francis, Bill; Hasan, Iftekhar; Wang, Haizhi
Banking deregulation, consolidation, and corporate cash holdings: U.S. evidence
Published: Journal of Banking and Finance 15.4.2014
Hasan, Iftekhar; Francis, Bill B.; Sun, Xian; Waisman, Maya
Can firms learn by observing? Evidence from cross-border M&As
Published: Journal of Corporate Finance 15.4.2014
Kauko, Karlo
The Delphi method in forecasting financial markets - an experimental study
Published: International Journal of Forecasting 15.4.2014
Honkapohja, Seppo
The euro area crisis: A view from the north
Published: Journal of Macroeconomics 15.3.2014
Hasan, Iftekhar; Francis, Bill; Sun, Xian
The certification role of financial advisors in cross-border M&As
Published: International Review of Financial Analysis 10.3.2014
Korhonen, Iikka; Ritola, Maria
An Empirical Note on the Success of Forecasting Economic Developments in Major Emerging Markets
Published: Asian Economic Papers 20.2.2014
Cheung, Yin-Wong; Herrala, Risto
China's Capital Controls: Through the prism of covered interest differentials
Published: Pacific Economic Review 19.2.2014
Feldkircher, Martin; Korhonen, Iikka
The Rise of China and Its Implications for the Global Economy: Evidence from a Global Vector Autoregressive Model
Published: Pacific Economic Review 19.2.2014
Virén, Matti; Paloviita, Maritta
Inflation and output growth uncertainty in individual survey expectations
Published: Empirica 15.2.2014
Hasan, Iftekhar; Song, Liang; Wachtel, Paul
Institutional development and stock price synchronicity: Evidence from China
Published: Journal of Comparative Economics 14.2.2014
Paloviita, Maritta; Virén, Matti
What's behind the survey values? An analysis of individual forecasters' behaviour?
Published: OECD Journal: Journal of Business Cycle Measurement and Analysis 5.2.2014
Lehmus, Markku
Distributional and employment effects of labour tax changes in Finland
Published: Journal of Policy Modeling 31.1.2014
Paloviita, Maritta
Fiscal Planning and Implementation: Euro Area Analysis Based on Real Time Data
Published: Research in Applied Economics 20.1.2014
Virén, Matti
How different are the fiscal policy effects? Assessing the importance of cyclical situation, policy coordination, composition of policy measures and country-specific features
Published: Revue de l’OFCE 15.1.2014
Haavio, Markus; Mendicino, Caterina; Punzi, Maria Teresa
Financial and economic downturns in OECD countries
Published: Applied Economics Letters 14.1.2014
Kauko, Karlo
Do Bailouts Cause Moral Hazards or Franchise Value in Banking?
Published: Kyklos 1.1.2014

2013

Hasan, Iftekhar; Francis, Bill B.; John, Kose; Sharma, Zenu
Asymmetric benchmarking of pay in firms
Published: Journal of Corporate Finance 15.12.2013
Ferri, Giovanni; Kalmi, Panu; Kerola, Eeva
Governance and performance: reassessing the pre-crisis situation of European banks
Published: Financial Cooperatives and Local Development 15.12.2013
Hasan, Iftekhar; Francis, Bill; Zhou, Mingming
The effects of stock splits on the bid-ask spread of syndicated loans
Published: International Journal of Banking, Accounting and Finance 15.12.2013
Fungáčová, Zuzana; Pessarossi, Pierre; Weill, Laurent
Is Bank Competition Detrimental to Efficiency? Evidence from China
Published: China Economic Review 13.12.2013
Korkeamäki, Timo; Takalo, Tuomas
Valuation of Innovation and Intellectual Property: The Case of iPhone
Published: European Management Review 5.12.2013
Goel, Rajeev K.; Herrala, Risto; Mazhar, Ummad
Institutional Quality and Environmental Pollution: MENA Countries versus Rest of the World
Published: Economic Systems 4.12.2013
Rautava, Jouko
Oil Prices, Excess Uncertainty and Trend Growth, A forecasting Model for Russia's Economy
Published: Focus on European Economic Integration 2.12.2013
Gaganis, Chrysovalantis; Hasan, Iftekhar; Pasiouras, Fotios
Efficiency and stock returns: evidence from the insurance industry
Published: Journal of Productivity Analysis 1.12.2013
Hasan, Iftekhar; Fang, Yiwei; Marton, Katherin
Institutional development and bank stability: Evidence from transition countries
Published: Journal of Banking and Finance 19.11.2013
Kiema, Ilkka; Jokivuolle, Esa
Does a Leverage Ratio Requirement Increase Bank Stability?
Published: Journal of Banking and Finance 18.11.2013
Hasan, Iftekhar; Jackowicz, Krzysztof; Kowalewski, Oskar; Kozłowski, Łukasz
Market discipline during crisis: Evidence from bank depositors in transition countries
Published: Journal of Banking and Finance 5.11.2013
Fungáčová, Zuzana; Jakubik, Petr
Bank Stress Tests as an Information Device for Emerging Markets: The Case of Russia
Published: Czech Journal of Economics and Finance 16.10.2013
Hasan, Iftekhar; Fang, Yiwei; Marton, Katherin; Waisman, Maya
Bank valuation in new EU member countries
Published: Economic Systems 9.10.2013
Haavio, Markus; Kauppi, Heikki
Buying a Home with a Resale Value: Location, Location, Location
Published: Scandinavian Journal of Economics 16.9.2013
Verona, Fabio; Martins, Manuel M. F.; Drumond, Inês
(Un)anticipated monetary policy in a DSGE model with a shadow banking system
Published: International Journal of Central Banking 15.9.2013
Jokivuolle, Esa; Kiema, Ilkka; Vesala, Timo
Why Do We Need Countercyclical Capital Requirements?
Published: Journal of Financial Services Research 15.8.2013
Korkeamäki, Timo; Rainio, Elina; Takalo, Tuomas
Reforming Corporate Law in an Emerging Market: The Case of Finland in the 1970’s
Published: Economics of Transition 5.7.2013
Virén, Matti
Sensitivity of fiscal-policy effects to policy coordination and business cycle conditions
Published: International Economics and Economic Policy 3.7.2013
Fidrmuc, Jarko; Korhonen, Iikka; Bátorová, Ivana
China in the World Economy: Dynamic Correlation Analysis of Business Cycles
Published: CESifo Economic Studies 15.6.2013
Herrala, Risto; Fungáčová, Zuzana; Weill, Laurent
The Influence of Bank Ownership on Credit Supply: Evidence from the Recent Financial Crisis
Published: Emerging Markets Review 14.6.2013
Komulainen, Mari; Takalo, Tuomas
Does State Street Lead to Europe? The Case of Financial Exchange Innovations
Published: European Financial Management 4.6.2013
Honkapohja, Seppo; Mitra, K.; Evans, G.W.
Policy change and learning in the RBC model
Published: Journal of Economic Dynamics and Control 22.5.2013
Miettinen, Paavo
Information acquisition during a Dutch auction
Published: Journal of Economic Theory 15.5.2013
Hasan, Iftekhar; Marinč, Matej
Should competition policy in banking be amended during crises? Lessons from the EU
Published: European Journal of Law and Economics 12.5.2013
Verona, Fabio; Wolters, Maik
Sticky information models in Dynare
Published: Computational Economics 3.5.2013
Zhao, Yijiang; Allen, Arthur; Hasan, Iftekhar
State Antitakeover Laws and Voluntary Disclosure
Published: Journal of Financial and Quantitative Analysis 15.4.2013
Pyle, William; Solanko, Laura
The composition and interests of Russia’s business lobbies: testing Olson’s hypothesis of the “encompassing organization”
Published: Public Choice 1.4.2013
Yao, Yi; Yang, Rong; Liu, Zhiyuan; Hasan, Iftekhar
Government intervention and institutional trading strategy: Evidence from a transition country
Published: Global Finance Journal 21.3.2013
Takalo, Tuomas; Tanayama, Tanja; Toivanen, Otto
Estimating the Benefits of Targeted R&D Subsidies
Published: Review of Economics and Statistics 19.3.2013
Leventis, Stergios; Hasan, Iftekhar; Dedoulis, Emmanouil
The cost of sin: The effect of social norms on audit pricing
Published: International Review of Financial Analysis 18.3.2013
Siregar, Dona; Anandarajan, Asokan; Hasan, Iftekhar
Commercial Banks and Value Relevance of Derivative Disclosures after SFAS 133: Evidence from the USA
Published: Review of Pacific Basin Financial Markets and Policies 15.3.2013
Fungáčová, Zuzana; Weill, Laurent
Does Competition Influence Bank Failures? Evidence from Russia
Published: Economics of Transition 15.3.2013
Hasan, Iftekhar; Xie, Ru
Foreign bank entry and bank corporate governance in China
Published: Emerging Markets Finance and Trade 15.3.2013
Takalo, Tuomas; Tanayama, Tanja; Toivanen, Otto
Market failures and the additionality effects of public support to private R&D: Theory and empirical implications
Published: International Journal of Industrial Organization 27.2.2013
Laakkonen, Helinä; Lanne, Markku
The Relevance of Accuracy for the Impact of Macroeconomic News on Exchange Rate Volatility
Published: International Journal of Finance and Economics 22.2.2013
Laakkonen, Helinä
Exchange Rate Volatility, Macroeconomic Announcements and the Choice of Intraday Periodicity Filtering Method
Published: Quantitative Finance 21.2.2013
Mehrotra, Aaron; Nuutilainen, Riikka; Pääkkönen, Jenni
Changing Economic Structures and Impacts of Shocks: Evidence from a Dynamic Stochastic General Equilibrium Model for China
Published: Pacific Economic Review 3.2.2013

2012

Takalo, Tuomas
Rationales and Instruments for Public Innovation Policies
Published: Journal of Reviews on Global Economics 31.12.2012
Francis, Bill; Hasan, Iftekhar; Koetter, Michael; Wu, Qiang
Corporate boards and bank loan contracting
Published: Journal of Financial Research 13.12.2012
Hasan, Iftekhar; Kobeissa, Nada
Innovations, intellectual protection rights and information technology: An empirical investigation in the MENA region
Published: Electronic Commerce Research 16.10.2012
Hasan, Iftekhar; Francis, Bill; Song, Liang; Waisman, Maya
Corporate governance and investment-cash flow sensitivity: Evidence from emerging markets
Published: Emerging Markets Review 5.10.2012
Honkapohja, Seppo; Evans, George W; Mitra, Kaushik
Does Ricardian Equivalence Hold When Expectations Are Not Rational?
Published: Journal of Money, Credit and Banking 19.9.2012
Takala, Kari; Virén, Matti
Why does a Large Shadow Economy not show up in Administrative Inspections?
Published: Economic Analysis and Policy 15.9.2012
Hasan, Iftekhar; Francis, Bill; Song, Liang
Are Firm- and Country-Specific Governance Substitutes? Evidence from Financial Contracts in Emerging Markets
Published: Journal of Financial Research 13.9.2012
Leppänen, Simo; Linden, Mika; Solanko, Laura
Firms, Public Good Provision and Institutional Uncertainty: Evidence from Russia
Published: Economic Systems 20.8.2012
Hasan, Iftekhar; Schmiedel, Heiko; Song, Liang
Growth Strategies and Value Creation: What Works Best for Stock Exchanges?
Published: Financial Review 6.7.2012
Vanhala, Juuso; Kultti, Klaus; Mauring, Eeva; Vesala, Timo
Adverse selection in dynamic matching markets
Published: Bulletin of Economic Research 3.7.2012
Hasan, Iftekhar; Fang, Yiwei; Francis, Bill; Wang, Haizhi
Product market relationships and cost of bank loans: Evidence from strategic alliances
Published: Journal of Empirical Finance 28.6.2012
Herrala, Risto; Goel, Rajeev K.
Global CO2 efficiency: Country-wise Estimates Using a Stochastic Cost Frontier
Published: Energy Policy 1.6.2012
Newby, Elisa
The Suspension of the Gold Standard as Sustainable Monetary Policy
Published: Journal of Economic Dynamics and Control 25.5.2012
Kauko, Karlo
External deficits and non-performing loans in the recent financial crisis
Published: Economics Letters 15.5.2012
Kilponen, Juha
Consumption, Leisure and Borrowing Constraints
Published: B.E. Journal of Macroeconomics 10.5.2012
Fungáčová, Zuzana; Weill, Laurent
Bank Liquidity Creation in Russia
Published: Eurasian Geography and Economics 26.4.2012
Hasan, Iftekhar; Francis, Bill; Huang, Ying; Sharma, Zenu
Do Banks Value Innovation? Evidence from US Firms
Published: Financial Management 15.4.2012
Hasan, Iftekhar; Francis, Bill B.; Wu, Qiang
Do corporate boards matter during the current financial crisis?
Published: Review of Financial Economics 12.4.2012
Hasan, Iftekhar; Distinguin, Isabelle; Tarazi, Amine
Predicting rating changes for banks: how accurate are accounting and stock market indicators?
Published: Annals of Finance 3.4.2012
Kauko, Karlo
Can credit risk be rated through-the-cycle?
Published: Frontiers in Finance and Economics 2.4.2012
Virén, Matti
Is the Housing Allowance Shifted to Rental Prices?
Published: Empirical Economics 1.4.2012
Goel, Rajeev K.; Korhonen, Iikka
Economic growth in BRIC countries and comparisons with rest of the world
Published: Economia Internazionale / International Economics 15.3.2012
Jones, Derek C.; Kalmi, Panu; Kato, Takao; Mäkinen, Mikko
Financial participation in Finland: incidence and determinants
Published: International Journal of Human Resource Management 1.3.2012
Shen, Chung-Hua; Huang, Yu-Li; Hasan, Iftekhar
Asymmetric benchmarking in bank credit rating
Published: Journal of International Financial Markets, Institutions and Money 15.2.2012
Castelli, Annalisa; Dwyer, Gerald P; Hasan, Iftekhar
Bank relationships and firms' financial performance: the Italian experience
Published: European Financial Management 21.1.2012
Takalo, Tuomas; Toivanen, Otto
Entrepreneurship, Financiership, and Selection
Published: Scandinavian Journal of Economics 10.1.2012

2011

Fungáčová, Zuzana; Hanousek, Jan
Determinants of Firm Delisting on the Prague Stock Exchange
Published: Prague Economic Papers 30.12.2011
Castelnuovo, Efrem; Ascari, Guido; Rossi, Lorenzo
Calvo vs. Rotemberg in a trend inflation world: An empirical investigation
Published: Journal of Economic Dynamics and Control 15.11.2011
Kortelainen, Mika; Virén, Matti; Paloviita, Maritta
Expectations and Inflation: Evidence from Euro Area, Japan and USA
Published: International Economics 15.11.2011
Hasan, Iftekhar; Francis, Bill; Sharma, Zenu
Leverage and growth: Effect of stock options
Published: Journal of Economics and Business 15.11.2011
Hasan, Iftekhar; Heiko Schmiedel, Liang Song
Returns to Retail Banking and Payments
Published: Journal of Financial Services Research 14.11.2011
Hasan, Iftekhar; Becchetti, Leonardo; Ciciretti, Rocco; Kobeissi, Nada
Corporate social responsibility and shareholder's value: an empirical analysis
Published: Journal of Business Research 3.11.2011
Virén, Matti; Jokivuolle, Esa
Cyclical default and recovery in stress testing loan losses
Published: Journal of Financial Stability 19.10.2011
Godlewski, Christophe J.; Fungáčová, Zuzana; Weill, Laurent
Stock Market Reaction to Debt Financing Arrangements in Russia
Published: Comparative Economic Studies 13.10.2011
Korhonen, Iikka; Ritola, Maria
Renminbi Misaligned — Results from Meta-Regressions
Published: Asia and China in the Global Economy 15.7.2011
Lehmus, Markku
Labour or consumption taxes? An application with a dynamic general equilibrium model with heterogenous agents
Published: Economic Modelling 1.7.2011
Hasan, Iftekhar; Fang, Yiwei; Marton, Katherin
Bank efficiency in transition economies: recent evidence from South-Eastern Europe
Published: Economics of Transition 27.6.2011
Fungáčová, Zuzana; Poghosyan, Tigran
Determinants of Bank Interest Margins in Russia: Does Bank Ownership Matter?
Published: Economic Systems 24.6.2011
Hasan, Iftekhar; Choi, Sungho
Bank Privatization and Convergence of Performance: International Evidence
Published: Journal of Financial Research 16.6.2011
Vauhkonen, Jukka
The impact of Pillar 3 disclosure requirements on bank safety
Published: Journal of Financial Services Research 29.4.2011
Kortelainen, Mika; Paloviita, Maritta; Virén, Matti
Observed Inflation Forecasts and the New Keynesian Macro Model
Published: Economics Letters 5.4.2011
Hasan, Iftekhar; Francis, Bill B.; John, Kose; Song, Liang
Corporate Governance and Dividend Payout Policy: A Test Using Antitakeover Legislation
Published: Financial Management 21.3.2011
Goel, Rajeev K.; Korhonen, Iikka
Exports and Cross-National Corruption: A Disaggregated Examination
Published: Economic Systems 11.3.2011
Solanko, Laura
Sähköreformi puri Venäjällä
Published: Idäntutkimus 9.3.2011
Juurikkala, Tuuli; Karas, Alexei; Solanko, Laura
The Role of Banks in Monetary Policy Transmission: Empirical Evidence from Russia
Published: Review of International Economics 15.2.2011
Goel, Rajeev; Hasan, Iftekhar
Economy-wide corruption and bad loans in banking: international evidence
Published: Applied Financial Economics 24.1.2011
Fungáčová, Zuzana; Godlewski, Christophe J.; Weill, Laurent
Asymmetric Information and Loan Spreads in Russia: Evidence from Syndicated Loans
Published: Eastern European Economics 21.1.2011

2010

Kilponen, Juha; Leitemo, Kai
Transmission lags and optimal monetary policy
Published: Journal of Economic Dynamics and Control 28.12.2010
Takala, Kari; Virén, Matti
Is Cash Used only in the Shadow Economy?
Published: International Economic Journal 15.12.2010
Kilponen, Juha; Santavirta, Torsten
New evidence on implicit contracts from linked employer-employee data
Published: Scandinavian Journal of Economics 15.11.2010
Fungáčová, Zuzana; Solanko, Laura
Насколько российские банки преуспели в финансовом посредничестве?
Published: Journal of the New Economic Association 1.11.2010
Jones, Derek C.; Kalmi, Panu; Mäkinen, Mikko
The productivity effects of stock option schemes: evidence from Finnish panel data
Published: Journal of Productivity Analysis 1.10.2010
Hasan, Iftekhar; Tucci, Christopher L.
The innovation–economic growth nexus: Global evidence
Published: Research Policy 16.8.2010
Hasan, Iftekhar; Waisman, Maya
Going Public: An Empirical Investigation of U.S. Bound Israeli IPOs
Published: Financial Markets, Institutions and Instruments 15.8.2010
Virén, Matti; Mayes, David
The impact of Asset Prices and their Information Value for Monetary Policy
Published: Ensayos sobre Politica Económica 15.8.2010
Virén, Matti; Kilponen, Juha
Why do growth rates differ? Evidence from cross-country data on private sector production
Published: Empirica 15.7.2010
Haavio, Markus; Kotakorpi, Kaisa
The political economy of sin taxes
Published: European Economic Review 9.7.2010
Hasan, Iftekhar; Choi, Sungho; Francis, Bill B.
Cross-Border Bank M&As and Risk: Evidence from the Bond Market
Published: Journal of Money, Credit and Banking 20.6.2010
Honkapohja, Seppo; Bullard, James; Evans, George W
A Model of Near-Rational Exuberance
Published: Macroeconomic Dynamics 1.4.2010
Takalo, Tuomas; Tanayama, Tanja
Adverse Selection and Financing of Innovation: Is There a Need for R&D Subsidies
Published: Journal of Technology Transfer 1.4.2010
Hasan, Iftekhar; Demyanyk, Yuliya
Financial crises and bank failures: A review of prediction methods
Published: Omega 1.4.2010
Honkapohja, Seppo; Evans, George W; Williams, Noah
Generalized stochastic gradient learning
Published: International Economic Review 1.4.2010
Korhonen, Iikka; Mehrotra, Aaron
Money Demand in Post-Crisis Russia: Dedollarization and Remonetization
Published: Emerging Markets Finance and Trade 1.4.2010
Jokivuolle, Esa; Peura, Samu
Rating targeting and dynamic economic capital
Published: Journal of Risk 1.4.2010
Hasan, Iftekhar; Francis, Bill B; Lothian, James R; Sun, Xian
Signaling Hypothesis Revisited: Evidence from Foreign IPOs
Published: Journal of Financial and Quantitative Analysis 1.4.2010
Hasan, Iftekhar; Francis, Bill B.; John, Kose; Waisman, Maya
The effect of state antitakeover laws on the firm's bondholders
Published: Journal of Financial Economics 1.4.2010
Berger, Allen N.; Hasan, Iftekhar; Zhou, Mingming
The effects of focus versus diversification on bank performance: Evidence from Chinese banks
Published: Journal of Banking and Finance 1.4.2010
Fidrmuc, Jarko; Korhonen, Iikka
The Impact of the Global Financial Crisis on Business Cycles in Asian Emerging Economies
Published: Journal of Asian Economics 1.4.2010
Korhonen, Iikka; Ledyaeva, Svetlana
Trade linkages and macroeconomic effects of the price of oil
Published: Energy Economics 1.4.2010
Leppänen, Simo; Solanko, Laura
Tuotantoriskit ja yritysten sopeutuminen Venäjällä
Published: Idäntutkimus 1.4.2010
Castrén, Olli; Takalo, Tuomas; Wood, Geoffrey
Unemployment persistence and the sustainability of exchange rate pegs
Published: Scottish Journal of Political Economy 1.4.2010
Hasan, Iftekhar; Anandarajan, Asokan; Francis, Bill; John, Kose
Value relevance of banks: global evidence
Published: Review of Quantitative Finance and Accounting 21.3.2010
Becchetti, Leonardo; Carpentieri, Andrea; Hasan, Iftekhar
Option-Adjusted Delta Credit Spreads: a Cross-Country Analysis
Published: European Financial Management 15.3.2010
Fungáčová, Zuzana; Solanko, Laura; Weill, Laurent
Market Power in the Russian Banking Industry
Published: International Economics 5.3.2010
Laakkonen, Helinä; Lanne, Markku
Asymmetric News Effects on Exchange Rate Volatility: Good vs. Bad News in Good vs. Bad Times
Published: Studies in Nonlinear Dynamics and Econometrics 15.1.2010

2009

Paloviita, Maritta; Virén, Matti
The Role of Inflation Expectations in the EMU
Published: Applied Economics Letters 12.11.2009
Fung, K C; Korhonen, Iikka; Li, Ke; Ng, Francis
China and Central and Eastern European Countries: Regional Networks, Global Supply Chain or International Competitors?
Published: Journal of Economic Integration 15.9.2009
Lehmus, Markku
Empirical Macroeconomic Model of the Finnish Economy (EMMA)
Published: Economic Modelling 1.9.2009
Koivu, Tuuli; Mehrotra, Aaron; Nuutilainen, Riikka
An analysis of Chinese money and prices using a McCallum-type rule
Published: Journal of Chinese Economic and Business Studies 1.7.2009
Honkapohja, Seppo; Evans, George W.; Mitra, Kaushik
Anticipated fiscal policy and adaptive learning
Published: Journal of Monetary Economics 1.7.2009
Virén, Matti; Snellman, Heli
ATM Networks and Cash Usage
Published: Applied Financial Economics 1.7.2009
Hasan, Iftekhar; Zhou, Mingming; Berger, Allen N.
Bank ownership and efficiency in China: What will happen in the world’s largest nation
Published: Journal of Banking and Finance 1.7.2009
Kaaresvirta, Juuso; Mehrotra, Aaron
Business surveys and inflation forecasting in China
Published: Economic Change and Restructuring 1.7.2009
Mayes, David; Virén, Matti
Changes in behaviour under EMU
Published: Economic Modelling 1.7.2009
Hyytinen, Ari; Takalo, Tuomas
Consumer Awareness and the Use of Payment Media: Evidence from Young Finnish Consumers
Published: Review of Network Economics 1.7.2009
Hasan, Iftekhar; Ciciretti, Rocco; Zazzara, Cristiano
Do Internet Activities Add Value? Evidence from the Traditional Banks
Published: Journal of Financial Services Research 1.7.2009
Virén, Matti
Does the value-added tax shift to consumption prices?
Published: AUCO Czech Economic Review 1.7.2009
Korhonen, Iikka; Juurikkala, Tuuli
Equilibrium exchange rates in oil-exporting countries
Published: Journal of Economics and Finance 1.7.2009
Paloviita, Maritta
Estimating open economy Phillips curves for the euro area with directly measured expectations
Published: New Zealand Economic Papers 1.7.2009
Hasan, Iftekhar; Wachtel, Paul; Zhou, Mingming
Institutional Development, Financial Deepening and Economic Growth: Evidence from China
Published: Journal of Banking and Finance 1.7.2009
Kauko, Karlo
Managers and efficiency in banking
Published: Journal of Banking and Finance 1.7.2009
Kauko, Karlo
Mixed duopoly of payment systems
Published: International Research Journal of Finance and Economics 1.7.2009
Hasan, Iftekhar; Francis, Bill; Wang, Haizhi
Personal Bankruptcy Law and New Business Formation
Published: Financial Review 1.7.2009
Hasan, Iftekhar; Francis, Bill B; Sun, Xian
Political connections and the process of going public: Evidence from China
Published: Journal of International Money and Finance 1.7.2009
Kurri, Samu
Price Changes in Finland: Some Evidence from the Micro CPI Data
Published: Finnish Economic Papers 1.7.2009
Solanko, Laura; Fungáčová, Zuzana
Risk-taking by Russian Banks: Do Location, Ownership and Size Matter?
Published: HSE Economic Journal 1.7.2009
Miettinen, Paavo; Kultti, Klaus
Stability of Constitutions
Published: Journal of Public Economic Theory 1.7.2009
Hasan, Iftekhar; Francis, Bill; Siregar, Dona
The Choice of IPO versus M&A: Evidence from Banking Industry
Published: Applied Financial Economics 1.7.2009
Solanko, Laura; Sutela, Pekka
Too much or too little Russian gas for Europe?
Published: Eurasian Geography and Economics 1.7.2009
Kultti, Klaus; Miettunen, Antti; Takalo, Tuomas; Virrankoski, Juha
Who Searches?
Published: Japanese Economic Review 1.7.2009
Hasan, Iftekhar; Koetter, Michael; Wedow, Michael
Regional growth and finance in Europe: Is there a quality effect of bank efficiency?
Published: Journal of Banking and Finance 11.3.2009

2008

Mehrotra, Aaron; Rautava, Jouko
Do sentiment indicators help to assess and predict actual developments of the Chinese economy?
Published: Journal of Chinese Economic and Business Studies 15.12.2008
Hasan, Iftekhar; Francis, Bill; Hunter, D
Can hedging tell the full story? Reconciling differences in United States aggregate- and industry-level exchange rate risk premium
Published: Journal of Financial Economics 1.7.2008
Paloviita, Maritta
Comparing alternative Phillips curve specifications: European results with survey-based expectations
Published: Applied Economics 1.7.2008
Hasan, Iftekhar; Evans, Paul; Lozano-Vivas, Ana
Deregulation and Convergence of Banking: The EU Experience
Published: Finnish Economic Papers 1.7.2008
Hasan, Iftekhar; Francis, Bill B; Sun, Xian
Financial market integration and the value of global diversification: evidence for US acquirers in cross-border mergers and acquisitions
Published: Journal of Banking and Finance 1.7.2008
Hyytinen, Ari; Takalo, Tuomas
Investor Protection and Business Creation
Published: International Review of Law And Economics 1.7.2008
Honkapohja, Seppo; Evans, George W; Guse, Eran
Liquidity traps, learning and stagnation
Published: European Economic Review 1.7.2008
Honkapohja, Seppo; Bullard, James; Evans, George W
Monetary Policy, Judgment, and Near-Rational Exuberance
Published: American Economic Review 1.7.2008
Kultti, Klaus; Takalo, Tuomas
Optimal Fragmentation of Intellectual Property Rights
Published: International Journal of Industrial Organization 1.7.2008
Hasan, Iftekhar; Becchetti, Leonardo; Wachtel, Paul
The Anticipated Effects of EU Enlargement: Exchange Rate Volatility, Institutions and Conditional Convergence
Published: Transition Studies Review 1.7.2008
Mayes, David; Virén, Matti
The Impact of Asset Prices and Their Information Value for Monetary Policy
Published: Journal of Economic Asymmetries 1.7.2008
Hasan, Iftekhar; Wang, Haizhi
The US Bankruptcy Law and Private Equity Financing: Empirical Evidence
Published: Small Business Economics 1.7.2008
Solanko, Laura
Unequal fortunes: a note on income convergence across Russian regions
Published: Post-Communist Economies 1.7.2008
Hasan, Iftekhar; Chen, Yehning
Why do bank runs look like panic? A new explanation
Published: Journal of Money, Credit and Banking 1.7.2008
Kilponen, Juha; Leitemo, Kai
Model Uncertainty and Delegation: A Case for Friedman's k-Percent Money Growth Rule?
Published: Journal of Money, Credit and Banking 15.3.2008
Iacoviello, Matteo; Minetti, Raoul
The credit channel of monetary policy: Evidence from the housing market
Published: Journal of Macroeconomics 15.3.2008

2007

Paloviita, Maritta; Mayes, David
Asymmetry and Inflation Dynamics in Different Specifications of the Phillips Curve for the Euro Area
Published: Current Politics and Economics of Europe 1.7.2007
Niinimäki, Juha-Pekka; Takalo, Tuomas
Benchmarking and Comparing Entrepreneurs with Incomplete Information
Published: Finnish Economic Papers 1.7.2007
Poutvaara, Panu; Takalo, Tuomas
Candidate quality
Published: International Tax and Public Finance 1.7.2007
Vilmunen, Jouko; Ellison, Martin; Sarno, Lucio
Caution or Activism? Monetary Policy Strategies in an Open Economy
Published: Macroeconomic Dynamics 1.7.2007
Hasan, Iftekhar; Burns, Natasha; Francis, Bill B.
Cross-listing and legal bonding: Evidence from mergers and acquisitions
Published: Journal of Banking and Finance 1.7.2007
Virén, Matti; Hjerppe, Reino; Hämäläinen, Pellervo; Kiander, Jaakko
Do Government expenditures increase private sector productivity? Cross-country Evidence
Published: International Journal of Social Economics 1.7.2007
Miettinen, Paavo; Kultti, Klaus
Herding with Costly Observation
Published: B.E. Journal of Theoretical Economics 1.7.2007
Takala, Kari; Virén, Matti
Impact of ATMs on the Use of Cash
Published: Communications & Strategies 1.7.2007
Kauko, Karlo
Interlinking securities settlement systems: a strategic commitment?
Published: Journal of Banking and Finance 1.7.2007
Ollus, Simon-Erik; Simola, Heli
Russia's True Imports?
Published: HSE Economic Journal 1.7.2007
Kultti, Klaus; Takalo, Tuomas; Toikka, Juuso
Secrecy vs. Patenting
Published: Rand Journal of Economics 1.7.2007
Mayes, David; Virén, Matti
The Relation between Inflation and Regional Unemployment and Sectoral Income Growth Dispersion: Evidence from EU Countries
Published: Journal of Economic Asymmetries 1.7.2007
Virén, Matti
The Slowdown of Inflation Expectations in Europe: An Empirical Investigation
Published: Current Politics and Economics of Europe 1.7.2007
Laakkonen, Helinä
The Impact of Macroeconomic News on Exchange Rate Volatility
Published: Finnish Economic Papers 15.5.2007
Jones, Derek C.; Kalmi, Panu; Mäkinen, Mikko
The determinants of stock option compensation: evidence from Finland
Published: Industrial Relations: A Journal of Economy and Society 1.1.2007

2006

Paloviita, Maritta
Inflation dynamics in the euro area and the role of expectations
Published: Empirical Economics 11.11.2006
Schmiedel, Heiko; Malkamäki, Markku; Tarkka, Juha
Economies of scale and technological development in securities depository and settlement systems
Published: Journal of Banking and Finance 20.7.2006
Hasan, Iftekhar; Zazzara, Cristiano
Pricing Risky Bank Loans in the New Basel 2 Environment
Published: Journal of Banking Regulation 1.7.2006
Mayes, David; Korhonen, Vesa
The CIS: Does the Regional Hegemony Facilitate Monetary Integration?
Published: International Economics 1.7.2006
Sorge, Marco; Virolainen, Kimmo
A comparative analysis of macro stress-testing methodologies with application to Finland
Published: Journal of Financial Stability 15.6.2006

2005

Haavio, Markus
Transboundary pollution and household mobility: Are they equivalent?
Published: Journal of Environmental Economics and Management 15.9.2005
Paloviita, Maritta; Mayes, David G.
The use of real time information in Phillips curve relationships for the euro area
Published: North American Journal of Economics and Finance 15.5.2005
Jokivuolle, Esa; Lanne, Markku
Trading Nokia: The roles of the Helsinki vs the New York stock exchanges
Published: Liiketaloudellinen aikakauskirja - Finnish Journal of Business Economics 1.3.2005

2004

Peura, Samu; Jokivuolle, Esa
Simulation Based Stress Tests of Banks' Regulatory Capital Adequacy
Published: Journal of Banking and Finance 31.12.2004
Rautava, Jouko
The role of oil prices and the real exchange rate in Russia's economy - a cointegration approach
Published: Journal of Comparative Economics 15.4.2004
Hasan, Iftekhar; Lothian, James R.; Tarkka, Juha
Overview of the special issue on banking, development and structural change
Published: Journal of International Money and Finance 15.1.2004

2003

Jokivuolle, Esa; Peura, Samu
Incorporating Collateral Value Uncertainty in Loss-Given-Default Estimates and Loan-to-Value Ratios
Published: European Financial Management 31.12.2003

2002

Tarkka, Juha
The effects of EMU on the Finnish economy : some early conjectures
Published: Economic and Social Review 15.1.2002
Shy, Oz; Tarkka, Juha
The market for electronic cash cards
Published: Journal of Money, Credit and Banking 15.1.2002
Mayes, David; Tarkka, Juha
Transparency in European central banks : the role of forecasts
Published: Current Politics and Economics of Europe 15.1.2002

2001

Jokivuolle, Esa; Peura, Samu
Regulatory Capital Volatility
Published: Risk 1.5.2001
Tarkka, Juha
Pricing of transaction services : The distortionary effects of taxation
Published: Research in Banking and Finance 15.1.2001

1999

Herrala, Risto
Banking Crises vs. Depositor Crises: The Era of the Finnish Markka, 1865-1999
Published: Scandinavian Economic History Review 1.1.1999

1998

Jokivuolle, Esa
Pricing European Options on Autocorrelated Indexes
Published: Journal of Derivatives 1.1.1998

1996

Kauko, Karlo
Effectiveness of R&D subsidies - a sceptical note on the empirical literature
Published: Research Policy 1.4.1996

1995

Jokivuolle, Esa
Measuring True Stock Index Value in the Presence of Infrequent Trading
Published: Journal of Financial and Quantitative Analysis 1.9.1995

1987

Tarkka, Juha; Virén, Matti
Population shocks and employment : Testing labor market equilibrium hyphothesis
Published: Economics Letters 15.1.1987

1986

Kanniainen, Vesa; Tarkka, Juha
On the shock-absorption view of money: International evidence from the 1960's and 1970's
Published: Applied Economics 15.10.1986

1985

Tarkka, Juha
Monetary policy in the BOF3 quarterly model of the Finnish economy
Published: Economic Modelling 15.1.1985

1984

Lybeck, Johan A.; Bergström, Reinhold; Bergström, Villy; Carlsson, Evert; Johansson, Svante; Järnhäll, Björn; Kukkonen, Pertti; Tarkka, Juha; Visholm, Torben; Willman, Alpo
A Comparison of the dynamic properties of five Nordic macroeconometric models
Published: Scandinavian Journal of Economics 15.1.1984
Kanniainen, Vesa; Tarkka, Juha
The role of capital flows in the adjustment of money demand: The case of Finland
Published: Empirical Economics 15.1.1984