Haku
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Quantiles of growth : household debt and growth vulnerabilities in Finland
(27.05.2021)
BoF Economics Review 2/2021
BoF Economics Review 2/2021
We analyze the relationship of the distribution of future GDP growth and accumulation of household debt in Finnish macroeconomic data from 1980 to 2019. We find clear evidence that exuberant accumulation of household debt ...
Talous kasvaa - vai kasvaako? Kansantalouden tilinpidon revisiot tarkastelussa
(05.07.2019)
BoF Economics Review 5/2019
BoF Economics Review 5/2019
Talouden kehitystä kuvaavat tilastoaineistot valmistuvat viiveellä, ja tilastojen lukuja tarkennetaan eli revisioidaan lähdeaineistojen täydentyessä ja tarkentuessa. Tässä artikkelissa tarkastellaan kansantalouden ...
Bank of Finland's long-run forecast framework with human capital
(16.12.2021)
BoF Economics Review 10/2021
BoF Economics Review 10/2021
Population ageing constitutes a central challenge to Finland. Understanding the Finnish economy’s likely future trajectory and the key sources of growth is important for the design of policies to counteract these adverse ...
An unobserved components model for Finland : Estimates of potential output and NAWRU
(04.04.2019)
BoF Economics Review 2/2019
BoF Economics Review 2/2019
In this paper, we estimate a potential output model for Finland using an unobserved component model. The model builds on a production function approach, and features price and wage Phillips curves, Okun’s law and several ...