Haku
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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 ...
Forecasting private investment in Finland using Q-theory and frequency decomposition
(26.06.2023)
BoF Economics Review 3/2023
BoF Economics Review 3/2023
We look for a forecasting model for private investments in Finland. As explanatory variables, we use different proxies of Tobin’s Q and cash flow as well as these series decomposed to different frequency components. The ...