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Linking retirement age to life expectancy – what happens to working lives and income distribution?

Lassila, Jukka; Määttänen, Niku; Valkonen, Tarmo - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2014

This study investigates the impact that pension policy measures aiming to extend working lives have on working lives, retirement ages and income distribution, as well as on the fiscal sustainability of the earnings-related pension system and public finances. Our research report is divided into...

Persistent link: https://www.econbiz.de/10010987405

Longevity Adjustment of Pension Benefits

Lassila, Jukka; Valkonen, Tarmo - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2007

pensions, if life expectancy changes. In this paper we study the effects of longevity adjustment under demographic uncertainty … in Finland. If longevity increases, the adjustment decreases the contribution rate, and the reduction is bigger the … higher the rate would have been without the reform. On the other hand, longevity adjustment increases the uncertainty in …

Persistent link: https://www.econbiz.de/10005749345

The Role of Data and Knowledge in Firms Service and Product Innovation

Koski, Heli - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2012

The importance of data and different sources of knowledge in the development of new services and products, and further in the creation of new markets, has dramatically increased during the past few decades. This empirical study uses data from 531 Finnish firms to explore the determinants of...

Persistent link: https://www.econbiz.de/10010987176

A portrait of trading firms in the services sectors Comparable evidence from four EU countries

Haller, Stefanie A.; Damijan, Joe; Kaitila, Ville; … - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2012

We establish a set of stylised facts for trade and trading firms in five market services sectors using comparable firm-level and services data from four EU countries. Our analysis shows that exports account for much lower shares of overall sales in the services sectors than in manufacturing. In...

Persistent link: https://www.econbiz.de/10010987260

ICT outsourcing, user-driven and open innovation strategies in the generation of new data-based solution

Koski, Heli - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2013

Abstract: The reported empirical findings using survey data from 531 Finnish companies show that for digitalized data-based innovation generated for both firm’s own and market needs, the firm’s ICT-specific absorptive capacity matters more than its general absorptive capacity arising from...

Persistent link: https://www.econbiz.de/10010987365

The Impact of the USO on the Profitability of Postal Service Provision in Finland

Koski, Heli - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2013

This study aims at investigating the order of magnitude of financial burden of the universal service obligation for the universal service provider. Prior studies have adopted various different cost accounting methods to assess the order of magnitude of net costs arising from postal universal...

Persistent link: https://www.econbiz.de/10010987373

The impact of the USO on the profitability of postal service provision

Koski, Heli - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2013

This study aims at investigating the order of magnitude of financial burden of the universal service obligation for the universal service provider, Itella, in the Finnish postal sector. It evaluates the difference between universal service provider’s profitability with the universal service...

Persistent link: https://www.econbiz.de/10010711543

Mobility of ideas for innovation: The role of inventor-specific knowledge flows

Koski, Heli; Pajarinen, Mika - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2015

Our data from 351 innovating firms for the years 2001–2012 generally suggest that patentable ideas are strongly linked to the mobility of individual inventors, or that the knowledge flows transmitted are sticky inventor-specific. In other words, the larger the knowledge pool of an inventor...

Persistent link: https://www.econbiz.de/10011115239

Longevity, Working Lives and Public Finances

Lassila, Jukka; Valkonen, Tarmo - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2014

Can longer working lives bring sufficient tax revenues to pay for the growing public health and care expenditure that longer lifetimes cause? We review studies concerning retirement decisions and pension policies, the role of mortality in health and long-term care costs, and errors in mortality...

Persistent link: https://www.econbiz.de/10010987364

Fiscal sustainability and policy rules under changing demographic forecasts

Lassila, Jukka; Valkonen, Tarmo; Alho, Juha M. - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2011

All practical evaluations of fiscal sustainability that include the effects of population ageing must utilize demographic forecasts. It is well known that such forecasts are uncertain, and that has been taken into account in some studies by using stochastic population projections jointly with...

Persistent link: https://www.econbiz.de/10009399798