Helsinki GSE Discussion Papers

The Helsinki GSE Discussion Paper series is available on EconStor. EconStor is an open access server that provides a platform for the free distribution of academic literature in economics.

Helsinki GSE Discussion Papers

Showing 4 publications

  • Diagnostic Expectations
  • Selective Programs
  • Welfare
  • Clear all
  • Sovereign Risk under Diagnostic Expectations

    Stefan Niemann and Timm M. Prein

    This paper studies the effects of overreaction to recent news for macroeconomic outcomes in the context of a quantitative model of sovereign debt and default. Overreaction is formalized in terms of …

    Discussion paper

  • Welfare Effects of R&D Support Policies

    Tuomas Takalo, Tanja Tanayama, and Otto Toivanen

    We conduct a welfare analysis of R&D subsidies and tax credits using a model of innovation policy incorporating externalities, limited R&D participation and financial market imperfections. We …

    Discussion paper