This paper proposes a framework for studying the boom and bust in Finland in the late 1980s and early 1990s. We develop … economy are able to produce a boom and a severe depression similar to the one observed in Finland in the late 1980s and early … deregulation in the 1980s in the boom that preceded the crises. Secondly, we use our model to evaluate the negative impact of the …

return stock market index for Finland in an approach similar to Mehra and Prescott (2003), we find the equity premium for … Finland to be 10.14 per cent from 1913 to 2009.​ …

study entrepreneurial optimism. Using data on a large number of nascent entrepreneurs in the US and start-ups in Finland, we … and decreasing in entrepreneurs level of education and industry experience in both countries. At least in Finland, those …

Finland. Our results suggest that the recorded annual inflows of FDI do not constitute an accurate measure of annual real … underestimated real investments in foreign companies in Finland. We seek to explain these findings by describing Finnish FDI target … acquisitions, can explain a great deal of the recorded annual FDI flows. We also describe how Finland's FDI stock and flow data …

the systemic banking crisis of the early 1990s in three Nordic countries (Finland, Norway, and Sweden). While this crisis …

This paper examines how housing loan rates are determined, using data on new housing loans in Finland. Finland is an …

corporate sector, which covers the ‘Big Five' crisis in Finland in the early 1990s. Several extensions to the empirical model …