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 study the extent to which retired households in Finland could supplement their mandatory pension benefits by releasing their equity. We also consider the tax treatment of different financial products that turn wealth into an income stream. In addition, we use a life cycle consumption-savings...

Tarkastelemme yksityistä eläkesäästämistä Suomessa. Luotaamme tulevaisuutta arvioimalla miten lakisääteisen eläketurvan muuttuminen ja eliniän piteneminen vaikuttavat yksityisen eläkesäästämisen tarpeeseen. Tarkastelemme asiaa nuorten, hiljattain työelämään astuneiden...

Suomen Pankin projekti "Suomalaiset maksutavat 2010" ennakoi suomalaisten maksutottumusten olevan suurten muutosten edessä. Muutosten syitä ovat muun muassa eurooppalaisten maksujärjestelmien integroituminen ja standardoituminen, maksupalveluja koskevan lainsäädännön ja sääntelyn...

We study the extent to which retired households in Finland could supplement their mandatory pension benefits by releasing their equity. We also consider the tax treatment of different financial products that turn wealth into an income stream. In addition, we use a life cycle consumption-savings...

The aim of this report has been to produce an analysis of the state of the social enterprises in Finland. Based on a comprehensive survey, there are roughly 19 000 social enterprises in Finland that employ around 125 000 persons. These estimates produced in this report multiply the views on the...

The project to build up a banking union in Europe was launched in summer 2012. Thereafter the progress has been fast. Single Supervisory Mechanism will embark on November 1, 2014. A decision on the Single Resolution Mechanism was made in Spring 2014. It should be up and running as of the...

A Central Counterparty (CCP) is an entity that interposes itself between transacting counterparties – a seller vis-à-vis the original buyer and a buyer vis-à-vis the original seller – to guarantee execution of the transaction. Thus, the original transacting parties substitute their...