Social institutions are persistent regularities in contracting and other relations amongst men and in the unintended consequences of such rule-like behavior. They include morality and law as well as institutions of governance such as branding and advertising. Institutions are studied in all...

The creation and effects of social capital have seldom been a target for systematic analysis in orthodox economics. The purpose of the paper is to argue that in order to include social capital, along with physical and human, into economic analysis, we have to regard human preferences as...

Tutkimuksessa kehitetään mallia, jolla voidaan arvioida sosiaa-lietuuksien kustannusten vaikutuksia tuottajahintoihin sekä valtakunnallisiin ja alueel-lisiin kuluttajahintoihin. Tuottajahintoja määrittävä panos-tuotoshintamalli ottaa huo-mioon sosiaalietuuksien rahoitukseen käytettävien...

Tutkimuksessa kehitetään mallia, jolla voidaan arvioida sosiaa-lietuuksien kustannusten vaikutuksia tuottaja- ja kuluttajahintoihin sekä erityyppisten ja sosioekonomiselta asemaltaan erilaisten kotitalouksien hyvinvointiin. Tuottajahin-toja määrittävällä panos-tuotoshintamallilla voidaan...

We analyse how alternative reforms of the student financial aid would influence average study duration, government expenditures, and tax revenues. We also consider the reform that has been proposed by the current government (in 2016) which consists of lowering the monthly student grant and...

We analyze the impact of the Finnish tax-benefit system on the financial incentives to take up a job and to work more. The analysis is conducted with the Finnish microsimulation model SISU in 2015-2021. We analyze the presence of unemployment traps in the population and characterize the...

We analyze the impact of the Finnish tax-benefit system on the financial incentives to take up a job and to work more. The analysis is conducted with the Finnish microsimulation model SISU in 2015–2021. We analyze the presence of unemployment traps in the population and characterize the...