O ACE seminar Autumn 2016
Vance Martin (Melbourne) "Financial Integration in the Eurozone"

Marie-Claire Villeval (Université de Lyon) "Loss aversion and lying behavior"

Svetlana Ledyaeva (Aalto University) "Export promotion policy in the age of global value chains"

William Phan (University of Helsinki) "On endowments and indivisibility: Partial ownership in the Shapley-Scarf model"

Michele Lombardi (University of Glasgow) "Sequential implementation without commitment"

Vladimir Matveenko (Higher School of Economics) "Knowledge externalities and production in network: game equilibria, types of nodes, network formation"

Antti Iho (Natural Resources Institute Finland) "Efficient Abatement of Transboundary Nitrogen with Externality Dependent Retention"

Markus Jäntti (University of Helsinki and VATT) "Living standards of children in rich countries - levels, trends, and determinants"

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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