There are over 3 billion searches globally on Google every day. This report examines whether Google search queries can be used to predict the present and the near future unemployment rate in Finland. Predicting the present and the near future is of interest, as the official records of the state...

The share of private consumption in gross domestic product is significant; therefore, private consumption has a great influence on economic growth, which makes it a major concept in economics. The purpose of the paper is to estimate and evaluate different forecasting models for private...

This report examines whether Google search queries can be used to predict the present and the near future house prices in Finland. Compared to a simple benchmark model, Google searches improve the prediction of the present house price index by 7.5 % measured by mean absolute error. In addition,...

This report studies working time and competitiveness. The first part of the report compares working time in Finland to other European countries using working time data from Eurostat and provides a review of the economics literature on working time and employment. The second part of the report...

Tutkimuksessa tarkastellaan t&k-panostusten tuottavuusvaikutuksia ja kansantaloudellisia vaikutuksia mallilla, jossa kokonaistuottavuuden kasvua määrit-tävät keskeisesti toimialojen tuotannon laadun ja pääomakannan laadun paraneminen. Investointitavaroita tuottavien toimialojen...

This report studies working time and competitiveness. The first part of the report compares working time in Finland to other European countries using working time data from Eurostat and provides a review of the economics literature on working time and employment. The second part of the report...

Machinery and metal products industry employs about 130,000 people in Finland and another 100,000 people in foreign subsidiaries of Finnish companies. This report focuses on this sector's qualitative or substantive projections for vocational education and training (vocational schools and...

The renewal of Finnish manufacturing companies has often been addressed through their innovative activities. But companies do renew themselves in many other ways. This report takes into account, in addition to innovative activities, product and service range, supply and distribution channels,...

There are almost 200,000 enterprises operating in the Finnish service sector, combined. However, not all of the service industries are the same. Some services have become independent of geographical locations, meaning that they can be exported, much like physical products. Other services still...

International literature suggests that productivity growth of the global frontier firms – those in the best five percent – has diverged from the others during the 2000s. We study this issue using Finnish firm-level data. We find that the productivity of the Finnish frontier firms does not...