efficiency changes of 399 listed insurance firms in 52 countries during the 2002-2008 period, the paper reports a positive and …

This paper investigates the role of technical reserves in the income smoothing behavior of insurance companies. This is … one of the first attempts in the literature to trace such relationship in the insurance industry, especially at a multi …-country setting. The experience of 770 insurance firms operating in 87 countries over the period 2000-2009 reveals that there is a …

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 …

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 …