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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 3 publications

  • Regression Discontinuity
  • Firm Dynamics
  • Zero Interest Rate Lower Bound
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  • Furloughs, Employment, and Worker Reallocation in Normal Times

    Niku Määttänen, Eero Mäkynen, Oskari Vähämaa

    Are furlough schemes useful under normal business cycle conditions? We address this question using administrative data from Finland, where such a scheme has long existed, and a model of firm dynamics …

    Discussion paper

  • Effect of Secondary Education on Cognitive and Non-cognitive Skills

    Jani-Petteri Ollikainen, Tuomas Pekkarinen, Roope Uusitalo, and Hanna Virtanen

    We exploit admission cutoffs to secondary schools to study the effects of general academically oriented, versus vocational secondary schooling on cognitive and non-cognitive skills using a regression …

    Discussion paper

  • On Robustness of Average Inflation Targeting

    Seppo Honkapohja, Nigel McClung

    This paper considers average inflation targeting (AIT) policy in a New Keynesian model with adaptive learning agents. Our analysis raises concerns regarding robustness of AIT when agents have …

    Discussion paper