Haku

We study the effects of bank transparency on both banks’ asset and liquidity risks, and ultimately, on banking sector stability and welfare. We show how enhanced bank transparency increases banks’ vulnerability to excessive ...

We construct a geopolitical risk indicator for Finland using local, Finnish language news media - FinnGPR. We compare FinnGPR to global and country-specific measures of geopolitical risk derived from Anglo-Saxon media. We ...

The commercial real estate (CRE) market is an important source of financial stability risks, yet ownership structures remain opaque. This paper uses comprehensive Finnish register data to construct firm-level ownership ...