Showing 1 - 10 of 85
the systemic banking crisis of the early 1990s in three Nordic countries (Finland, Norway, and Sweden). While this crisis …
Persistent link: https://www.econbiz.de/10012963445
The paper is an update through early 1994 of a similarly titled paper (Bank of Finland Discussion Papers 8/93). It …
Persistent link: https://www.econbiz.de/10012969649
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 …
Persistent link: https://www.econbiz.de/10013130387
I find quantitative evidence of a significant effect for credit constraints on durable consumption during a post-deregulation consumer spending spree. The effect varied markedly across age and educational groups. Young households with low levels of education displayed high sensitivity to credit...
Persistent link: https://www.econbiz.de/10013132693
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.​ …
Persistent link: https://www.econbiz.de/10013124029
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 …
Persistent link: https://www.econbiz.de/10013104176
Economic interest in innovation policy largely arises from the fundamental importance of innovation to social welfare and from inefficiencies in innovation in a competitive market environment. As a result, a wide variety of public innovation policies are used in practice. This study reviews the...
Persistent link: https://www.econbiz.de/10013086782
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 …
Persistent link: https://www.econbiz.de/10012963428
This paper examines how housing loan rates are determined, using data on new housing loans in Finland. Finland is an …
Persistent link: https://www.econbiz.de/10013038854
This paper tests for the existence of market power in banking, using data on demand deposit rates of households and corresponding market rates in five euro area countries. An implicit measure for market power is based on a partial adjustment model that also allows for an asymmetric response of...
Persistent link: https://www.econbiz.de/10013153600