This paper analyzes the accumulation of fixed productive capital in the manufacturing industries in Denmark, Finland, Norway, and Sweden over the years 1965-1990.Particular attention is given to the effect of taxes on this process.The following conclusions appear fairly robust across countries:...

This article provides thoughts and guidelines on how a country could exit from the Economic and Monetary Union (EMU) and its currency the euro. We take the hypothetical exit of Finland as a concrete example. Although there is a way out of the euro for Finland and other member countries, exit...

The question of how to leave a monetary union has become an important economic issue during the last few years. Uncertainty relating to its costs tends to discourage political leaders from taking decisive steps towards an exit. This article provides thoughts on what the necessary steps are, what...

Selvityksessä tarkastellaan Pohjoismaiden pankkien korkomarginaa- lin ja suhteellisen korkokatteen (korkokate/tase) kehitystä viime vuosien ajalta. Korkomarginaali määritellään kunkin maan omassa valuutassa laskettujen luottojen ja talletusten keskikorkojen eroksi. Marginaalia arvioidaan...

This study investigates the growth of Finnish deposit banks over the period 1980–1993. We examine the growth in balance sheets, lending and deposits of the public as well as major changes in the balance sheet structure. The focus of the study is first on the overall banking industry and second...

This paper analyzes the accumulation of fixed productive capital in the manufacturing industries in Denmark, Finland, Norway, and Sweden over the years 1965-1990.Particular attention is given to the effect of taxes on this process.The following conclusions appear fairly robust across countries:...

This study investigates the growth of Finnish deposit banks over the period 1980-1993.We examine the growth in balance sheets, lending and deposits of the public as well as major changes in the balance sheet structure.The focus of the study is first on the overall banking industry and second on...

Selvityksessä tarkastellaan pohjoismaiden pankkien tulos-, tase- ja vakavaraisuuskehitystä vuoden 1994 välitilinpäätösten pohjalta. Selvitys kattaa Islannin, Norjan, Ruotsin, Suomen ja Tanskan pankit.Lisäksi arvioidaan pankkisektorin tilaa yleensä, rakennemuutoksia ja pankkikriisin...