O ACE Worshop, October 24, 2016
Annika Nivala (UTU): "Effects of Subsidizing the First Emlopyee – Empirical Evidence from Finland"

Joonas Ollonqvist (UTU): “Decomposition of Income Inequality: Analyses for Finland, 1993 – 2011”

William Phan (Helsinki): ”On Endowments and Indivisibility: Partial ownership in the Shapley-Scarf model”

Mikko Nurminen (UTU): "Reality Check: The Effect of Health IT Adoption on Prescription Drug Abuse"

O ACE Seminar in Spring 2016
Monday 15.2. at 13.15-15.15, ACE-workshop

Monday 7.3. at 14:15-15:15, Lecture room Ls12, Jani-Petri Laamanen (University of Tampere): Adaptation and loss aversion in the GDP-subjective well-being relationship

Monday 14.3. at 14:15-15:15, Lecture room Ls08, Jani Erola (University of Turku): For Better or for Worse, for Nephews or for Nieces? Resource Compensation from Extended Family Members in Finland and the US

Tuesday 22.3. at 14:15-15:15, Lecture room Ls08, Cancelled

Monday 4.4. at 14:15-15:15, Lecture room Ls08, Olli-Pekka Lehmussaari (Bank of Finland): New global financial architecture

Monday 18.4. at 14:15-15:15, Lecture room Ls12, Markku Lanne (University of Helsinki): Identification and Estimation of Non-Gaussian Structural Vector Autoregressions

Monday 25.4. at 14:15-15:15, Lecture room Ls010, Adam Gulan (Bank of Finland): Bond Finance, Bank Credit, and Aggregate Fluctuations in an Open Economy

Monday 2.5. at 14:15-15:15, Lecture room Ls08, Jarkko Harju (VATT): "The Effects of Size-based Regulation on Small Firms: Evidence from VAT Threshold"

Monday 16.5. at 14:15-15:15, Cancelled

Monday 30.5. at 14:15-15:15, Lecture room Ls08, Topi Miettinen (Hanken School of Economics): "Joint Exploration for the Public Good - Theory and Experimental Evidence"

Wednesday 15.6. at 14:15-15:15, Lecture room Ls08, Miikka Rokkanen (Columbia University): "Bounds on Treatment Effects in Regression Discontinuity Designs with a Manipulated Running Variable, with an Application to Unemployment Insurance in Brazil"

O ACE Workshop on February 16
Jouko Vilmunen (Bank of Finland): "LogNormal risks, censoring, truncation and correlation"
Eero Mäkynen: "CD, CES and the total factor productivity"
Juha-Pekka Niinimäki: TBA

O ACE seminar in Autumn 2015
Wednesday 16.9. at 14:15-15:15, Jean-Jacques Herings (University of Maastricht): Equilibrium and Matching under Price Controls
Location: Turku School of Economics, lecture room Ls06

Monday 21.9. at 12.15-16.00, ACE workshop
Location: Turku School of Economics, lecture rooms Ls05 and Ls010

Monday 5.10. at 14:15-15:15, Tuomas Kosonen (VATT): "The accuracy of bunching method under optimization frictions. Students' labor market frictions and optimization constraints"
Location: Turku School of Economics, lecture room Ls34

Monday 26.10. at 14:15-15:15, Matti Sarvimäki (Aalto University and VATT): Post-Secondary Education and Information on Labor Market Prospects: A Randomized Field Experiment (abstract)
Location: Turku School of Economics, lecture room Osuuskauppa

Wednesday 4.11. at 14:15-15:15, Mauri Kotamäki: "What is the Fiscal Position in Finland? Laffer Curves Calculated" (link to file)
Location: Turku School of Economics, lecture room Ls02

Monday 9.11. at 14:15-15:15, Juuso Välimäki (Aalto University): "Common Value Auctions with Costly Entry" (joint with Pauli Murto).
Location: Turku School of Economics, lecture room OP-Pohjola

Tuesday 24.11 ACE workshop, Turku School of Economics, lecture room Ls18

Monday 7.12. at 14:15-15:15, Johanna Wallenius (Stockholm School of Economics): "Retirement, Home Production and Labor Supply Elasticities" (joint with Richard Rogerson)
Location: Turku School of Economics, lecture room Ls09

We aim to have the seminar every other Monday at 14-15. We'll invite some external speakers, and the remaining slots will be filled with speakers from our two departments; all faculty members and PhD students can present their research. Please send an e-mail to Mitri.kitti [ät] utu.fi if you would like to present a paper this seminar.

O ACE workshop on November 24
Päivi Kankaanranta (UTU): "Entrepreneurship and wealth” (research proposal)

Susmita Baulia (UTU): "Studying take-up of joint and individual liability loans: analysis with laboratory experiment" (research proposal)

Henri Nyberg (UTU): "Nonlinear Dynamic Interrelationships between Real Activity and Stock Returns"

Pasi Ikonen (BOF): "Effect of Government Debt and External Government Debt on Growth"

Sakari Lähdemäki (Labour): "Eastern Europe catching up - examining which factors accelerate wage convergence" (research proposal)

O ACE workshop on September 21
Henri Salokangas: 'The impact of alcohol availability on chronic alcohol-related mortality' (preliminary results)

Johan Willner: 'Quality provisions under conditions of oligopoly'

Joonas Uotinen: 'Estimating Utility Functions'

Olli Lappalainen: 'Strategic Depth of Thinking and Herding in Monopoly Pricing experiment'

O ACE seminar in Spring 2015
Monday 2.2. at 14:15-15:15, Petri Böckerman (UTU): "A Kink that Makes You Sick: the Effect of Sick Pay on Absence in a Social Insurance System"
Location: Turku School of Economics, lecture room Ls18

Tuesday 10.2. afternoon, ACE workshop

Monday 2.3. at 14:15-15:15, Marlène Isore (University of Helsinki): “A search model of bank default” (Ls14)

Monday 16.3. at 14:15 – 15:15, Cancelled (Ls 14)

Monday 30.3. at 14:15 – 15:15, Eva Mörk (Uppsala University): "The effects of parental job loss due to plant closures on child health" (joint work with Anna Sjögren and Helena Svaleryd) (Ls14)

Monday 13.4. at 14:15 – 15:15, AJ Bostian (University of Tampere): “Follow the Leader: An Experiment on an Evolving Social Network” (Ls03)

Monday 27.4. at 14:15 – 15:15, Essi Eerola (VATT): “Who benefits from social housing?” (joint with Tuukka Saarimaa) (Ls06)

Monday 11.5. at 14:15 – 15:15, Otto Toivanen (KU Leuven): "Cartels Uncovered" (Ls06)

Monday 25.5. afternoon ACE workshop, Ls06

Thursday 28.5. at 14:15 – 15:15, Andres Perea (University of Maastricht): "Forward Induction Reasoning versus Equilibrium Reasoning" (Ls06)

Monday 1.6. at 14:15 – 15:15, Kim Ristolainen (UTU): "The relationship between D2D and CDS prices as a measure of default risk for European banks" (Ls13)

Monday 8.6. at 14:15 – 15:15, Peter Moffatt (University of East Anglia): "Depth of reasoning models with rational agents" (Ls06)

O ACE workshops in 2015
ACE workshop on February 10

Olli Lappalainen (UTU): "Experimental Approach to Monopoly Pricing in the Binary Herding Model"

Heikki Kauppi (UTU): ”The Generalized Receiver Operating Characteristic Curve”

Henri Salokangas (UTU): ”The impact of alcohol availability on chronic alcohol-related mortality: Finnish evidence from New Alcohol Legislation of 1968” (research proposal)

O ACE seminar in Autumn 2014
Monday 8.9. at 14:15-15:15, Natalia Andries (UTU): "Retail bank interest rate pass-through in the euro area"
Location: Turku School of Economics, lecture room Ls08

Monday 22.9. ACE workshop

Monday 29.9. at 14:15-15:15, Sami Niemelä: "The polar night in the arctic - could general equilibrium share some light"
Location: Turku School of Economics, lecture room Ls08

Monday 6.10. at 14:15-15:15, Moriah Bostian (Lewis & Clark College): "Valuing water quality tradeoffs at the farm level: An integrated approach"
Location: Turku School of Economics, lecture room Ls08

Monday 1.12. at 14:15-15:15, Pauli Murto (Aalto): "Social learning with endogenous order of moves" (With Juuso Välimäki)
Location: Turku School of Economics, lecture room Ls07

Monday 8.12. at 14:15-15:15, Caroline Hall (IFAU): "Education and criminal behavior: Insights from an expansion of upper secondary school" (with Olof Åslund, Hans Grönqvist and Jonas Vlachos).
Location: Turku School of Economics, lecture room Ls010

Wednesday 17.12. at 14:15-15:15, Olli Lappalainen (UTU): "Team Effort with Linear and Complementary Production Function: An Experimental Investigation"
Location: Turku School of Economics, lecture room Ls08

O ACE Worskhops in Autumn 2014
ACE workshop on September 22

Aleksandra Maslowska-Jokinen: 'Central bank independence and sovereign debt crisis. Any link?'

Olli Lappalainen: 'Testing the Key Player: An Experiment on Public Good Game with Interior Solution and Complementary Production Function'

Kim Ristolainen: 'Were the Scandinavian Crises Predictable? A Neural Network Approach' (research proposal)

Sakari Lähdemäki: 'Unit labor costs - no use in predicting economic performance?' (research proposal)

ACE Workshop on November 24

Matti Viren (UTU): ”Has EMU had any effect on anchoring of inflation expectations”

Matti Pihlava (UTU): ”What are friends good for? Empirical findings from the Finnish Corporate Network”

Ville Korpela (UTU): "All Deceptions Are Not Alike: Bayesian Mechanism Design with Social Norm Against Lying"

Joonas Ollonqvist (UTU): "Effect of Tax-reforms on Income Distribution - Evidence from Finland: A Decomposition Approach" (Research proposal)

O ACE seminar in spring 2014
Monday 17.3., Lina Mallozzi (University of Naples Federico II): "A planar location-allocation problem with waiting time costs"

Monday 7.4., Steve Billon (Aalto): "State ownership and corruption"

Monday 28.4., Markus Haavio (Bank of Finland): "Kiss Me Deadly: From Finnish Great Depression to Great Recession"

Monday 12.5., Rune Stenbacka (Hanken): "Customer Privacy and Competition"

Monday 26.5., Tomer Blumkin (Ben Gurion University): "On Deserving Poor and the Desirability of Minimum Wage Rules"

Monday 9.6., Nadine Chlass (University of Turku): "How do people reason in dynamic games?"

O ACE workshops in Spring 2014
The ACE workshop on February 10
Robert Gillanders (Aalto): ”Political Trust, Corruption and Ratings of the IMF and the World Bank”

Juha Tervala (University of Helsinki): ”Fiscal Devaluation in a Monetary Union”

Oskari Vähämaa (UTU): Seniority rules of firing in locally competitive labor markets

Päivi Kankaanranta (UTU): ”Liquidity Constrained Households in Finland” (research proposal)

Erik Mäkelä (UTU): Research proposal

Mikko Kaikkonen (UTU): ”The financial fair play: How should it be implemented?”

O ACE seminars in 2013
The ACE seminar on October 21

Location and time: Turku School of Economics, University of Turku.

Fabio Verona (BOF): Lumpy investment in sticky information general equilibrium

Jenni Jaakkola (UTU):Political accountability with voter heterogeneity and expressive voting motives

Henri Salokangas (UTU): Detecting institutional path dependence with time-series methods

Olli Lappalainen (UTU): Experiment on Public Goods in Networks

Joonas Uotinen (UTU): On the philosophical relevancy of studying the capability approach with happiness scores

The ACE seminar on March 25

Location and time: Turku School of Economics, University of Turku.

Panu Poutvaara (IFO and LMU): International migration of couples

Johan Willner (ÅA): Organisational form and individual motivation: Public ownership, privatisation, and fat cats

Marianne Palmu (UTU): Predictablity of the ECB communication

O ACE seminars in 2012
The ACE seminar on December 4

Location: University of Turku

Matti Viren (UTU): How can growth be accelerated in Europe?

Jonne Lehtimäki (UTU): DSGE-based estimation of New Keynesian models (Research plan)

Mauri Kotamäki (UTU): Public Employment as a Policy Tool in Unionized Labour Markets

Grzegorz Szafrański (University of Lodz): Inflation in Poland under state-dependent pricing

The ACE seminar on June 14

Location: Åbo Academi

Per Hjertstrand (Lund University and Åbo Akademi University): A Non-parametric statistical test of expected utility

Susanna Sandström (ÅA): Technology adoption and food security – Impact evaluation of a group-based aid project in Mozambique (with Milla Nyssölä and Jukka Pirttilä).

Emmi Martikainen (TY): Digital Effects and Movies' Box Office Success

Joonas Uotinen (TY): Institutions and the influence of lobbyists over bureaucracy. (Research draft)

Peter Nyberg: The Economic Crisis in Ireland

The ACE seminar on February 28

Location: Turku School of Economics

Aleksandra Maslowska (UTU): ”Does surprise really matter: Unexpected central banks
events and their effect on financial market" (with Marianne Palmu, UTU)

Markku Lehmus (UTU) “Distributional and employment effects of labour tax changes: Finnish evidence over the period 1996-2008”

Marianne Palmu (UTU): “Dispersion of the Central Bank Communication and Effects on Market Volatility”

O Seminars in 2011
ACE seminar on October 4, 2011

Jarkko Heinonen: Kuntien päätöksenteon ja kuntaorganisaatioiden yritystoimintamyönteisyys

Mitri Kitti: Conditional Markov equilibria in discounted dynamic games

Hannu Salonen: Markovian cake sharing problems

Steven C. Bourassa (University of Louisville) and Martin Hoesli (University of Geneve): Robust Repeat Sales Indexes

ACE seminar on May 19, 2011

Location: Åbo Akademi

Tomi Kortela: The costs of disability insurance and aging

Matti Viren: Micro evidence of survey expectations

Oskari Vähämaa: New Keynesian models and non-separable preferences

Raul Eamets (University of Tartu): Does university degree pay off in Estonian labour market?

ACE seminar on March 1

Location: Turku School of Economics

Johan Willner: Public Options and Altruistic Firms ‐ Antitrust Targets or Tools? The Welfare Impact of a Mixed Oligopoly with Managerial Firms

Tomas Sjögren: Tax Policy and Present-Biased Preferences: Paternalism Under International Capital Mobility

Elias Oikarinen: Which adjust towards the housing market no‐arbitrage relation, asset prices or rental prices?

Heikki A. Loikkanen: The role of city managers and external variables in explaining efficiency differences of Finnish municipalities (with Ilkka Susiluoto and Michael Funk)

O Seminars in the fall of 2010

14.9 Speaker: Henri Nyberg (University of Helsinki): QR-GARCH-M Model for Risk-Return Tradeoff in U.S. Stock Returns and Business Cycles

28.9 Speaker: Simo Kalla (UTU): Favor-trading with Concave Utility Functions

12.10 Speaker: Marko Korhonen (UTU): The Entry and Exit Effects on the Exchange Rate Pass-Through (with Lauri Vilmi)

9.11 Speaker: Saku Aura (University of Missouri): Some Basic Econometrics of Using Estimated Fixed Effects

23.11 Speaker: Juha Tervala (ACE): International Welfare Effects of Monetary Policy

7.12 Speaker: Marianne Palmu (UTU): Efficiency of the Central Bank Communication: Introduction to the Topic

ACE seminar on May 18, 2010

Location: University of Turku

Markku Lehmus (UTU): “Labour or consumption taxes? An application with a dynamic general equilibrium model with heterogeneous agents”

Kristian Koerselman (ÅA): ”International evidence for anticipatory effects of curriculum tracking”

Samuli Leppälä (UTU): “Knowledge as a public good: Is there a problem of social benefit?”

Tomi Kortela (UTU): “Is the relative risk aversion low or precautionary savings high?”

Martin Ellison (Oxford): “A Defence of the FOMC” (co-author Thomas J. Sargent)

ACE seminar on March 02, 2010

Location: Turku School of Economics

Samuli Selin: Empirical analysis of take-out rate optimality on the Finnish lotto

Kristian Koerselman: Admissible statistics of educational achievement scores

Mauri Kotamäki: The effects of fiscal policy (research proposal)

Juha Tervala: Beggar-thyself and beggar-thy-neighbour? The welfare effects of monetary policy (co-author Philipp Engler)

Juha Junttila: Stock market information and the real exchange rate - real interest rate parity (co-author Marko Korhonen)

ACE seminar on December 15, 2009.

Location: Turku School of Economic

Jan Saarela (ÅA): Family mortality

Tomi Kortela (TU): Do credit shocks matter for aggregate consumption?

Antti Ripatti (Bank of Finland): Noncausal Inflation Persistence (with Martin Ellison, Markku Lanne and Pentti Saikkonen)

Hannu Salonen

October 13, 2009, Turun Yliopisto

Location: Turun upseerikerho

Samuli Selin (research plan): European gaming industries operations and profitability in globally competitive environment

Olli Lappalainen: Experimental comparison of direct, indirect and generalized reciprocity

Juha Tervala: Tax reforms, "free lunches", and "cheap lunches" in open economies

Philipp Engler (Freie Universität Berlin): Global rebalancing in a three-country model

O May 19, 2009, Åbo Akademi University
Angela Djupsjöbacka* and Jonas Lagerström, ÅAU: The Importance of Names: New Evidence on Discrimination

Tomi Kortela*, UTU: On the cost of social insurance

Emmi Martikainen*, UTU: Does File-Sharing Reduce DVD Sales?

Johan Willner*, Sonja Grönblom, ÅAU: The impact of budget cuts and incentive wages on academic work

*presenting authors

O 17.2.2009 Turku School of Economics (chairman professor Mika Widgrén)
Hassan Bougrine (Turku School of Economics; Laurentian University): Financing development. Removing the external constraint.

Samuli Leppälä (Turku School of Economics): Arrow's paradox and competitive markets for information.

Emmi Martikainen (University of Turku, IASM): Does file-sharing reduce DVD sales?

ACE workshops in 2015
O 16.12.2008 University of Turku (chairman professor Matti Virén)
Juha Virrankoski (PCRC): A note on unemployment duration in some popular matching models

Markku Lehmus (University of Turku): Labour taxation and employment.

Tomi Kortela (University of Turku): The magnitude of precautionary wealth in Finland: a measure from aggregate data

Elias Oikarinen (Turku School of Economics): The value of urban land and time-varying elasticities of housing prices with respect to fundamentals – do they matter?

O 21.10.2008 Åbo Akademi University (chairman professor Johan Willner)
Jarkko Harju (VATT): Voluntary pension savings: the effects of the Finnish tax reform on savers’ behaviour

Ville Korpela (University of Turku): Nash-implementation when the planner can freely use redundant alternatives

Pellervo Hämäläinen (University of Turku): Productivity of public capital in Finnish regions: What do the new panel econometric techniques tell us?

Jussi Valtonen (Turku School of Economics): Cointegration between Fama-French Factors

Michael Funk (Université de Fribourg): Political Market Design

O 20.05.2008 Turku School of Economics (chairman professor Mika Widgrén)

Jonas Lagerström (Åbo Akademi University): Selection of the fittest: Coinsurance payments and worker selection

Tomi Kortela (University of Turku): Growth and precautionary saving in the Ramsey-Cass-Koopmans economy

Päivi Kankaanranta (University of Turku): Household Portfolios in Finland 1987-2004: Preliminary Results

Johan Willner (Åbo Akademi University): Public and Private Provision in the Presence of Potential Intrinsic Motivation

Hannu Vartiainen (Turku School of Economics): Auction design without commitment

Martti Vihanto (Turku School of Economics): Sopimus, sopimusten sääntely ja sopimustehokkuus

O 16.10.2007 Turku School of Economics (chairman professor Mika Widgrén)
Ville Korpela (University of Turku): On making egalitarian income tax reforms using direct search methods.

Samuli Leppälä (Turku School of Economics): The division of labor needs not imply regional specialization.

Tuomas Pekkarinen (Åbo Akademi University): School tracking and development of cognitive skills.

O 29.5.2007 University of Turku (chairman professor Matti Virén)
Tomi Kortela (University of Turku): Understanding aggregate saving of households. Presentation of licentiate thesis.

Elias Oikarinen (Turku School of Economics): Dynamic linkages between prices of vacant land and housing – empirical evidence from Helsinki.

Michael Funk (University of Fribourg, Switzerland & Turku School of Economics): Strangers in Politics. The market for good politicians in medieval Italy and its lessons for modern democracy.

O 13.3.2007 Åbo Akademi University (chairman professor Markus Jäntti)
Hannu Nurmi (University of Turku): Borda count: don't touch a reasonably good system (you only make it worse).

Michael Funk (University of Fribourg, Switzerland & Turku School of Economics): Tournaments in politics: elections and the theory of rank-order tournaments.

Aleksandra Maslowska (University of Turku): Do institutions matter? Theoretical analysis of central bank institutional design.

Heikki Kauppi (University of Turku): Predicting the Fed's target rate decisions.

O 19.12.2006 Turku School of Economics (chairman professor Mika Widgrén)
Mika Widgrén (Turku School of Economics): Budget allocation in an expanding EU.

Angela Djupsjöbacka (Åbo Akademi University): Changing names – empirical evidence on discrimination.

Pellervo Hämäläinen (University of Turku): Julkisten investointien tuottavuus Suomessa vuosina 1948-2003.

Martti Vihanto (Turku School of Economics): Tuotannon järjestämistavat verkostoissa.

Tomi Kortela (University of Turku): Säästäminen ja kasvu elinkaarimallissa.

O 24.10.2006 University of Turku (chairman professor Matti Virén)
Johan Willner ja Sonja Grönblom (Åbo Akademi University): Principals, Agents and Liberalisation through Vertical Separation. An analysis of Cost Efficiency and Welfare.

Tomi Kortela (University of Turku): Does income growth determine household saving rate?

Elias Oikarinen ja Paavo Okko (Turku School of Economics): Miten suhdannevaihtelut välittyvät alueelliseen työllisyyteen?

O 30.5.2006 Åbo Akademi University (chairman professor Markus Jäntti)
John Micklewright (University of Southampton): Job search monitoring and unemployment duration in Hungary: evidence from a randomised control trial.

Martti Vihanto (Turku School of Economics): Kansantaloustieteen opetuksessa suuria uudistamistarpeita.

Jan Otto Andersson (Åbo Akademi University): Homo economicus och Homo reciprocans.

Marjo Pyy-Martikainen (Åbo Akademi University): Survey nonresponse, attrition and unemployment duration.

Hannu Kahra (Turku School of Economics): Variable selection for empirical pricing kernels.

Marko Korhonen (University of Turku): Exchange-rate pass-through: dependence on inflation.

Jonas Lagerström (Uppsala University): Caseworker effects and program evaluation.

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