PRESS RELEASE 18.1.2023

Finnish Economic Policy Council background report: Lump-sum transfers are the most effective way to address unequal fuel tax burdens to low-income households

Finnish Economic Policy Council background report: Lump-sum transfers are the most effective way to address unequal fuel tax burdens to low-income households

According to a background report for the Finnish Economic Policy Council, lump-sum transfers are better at improving the equity of fuel taxation compared to reductions in income or fuel taxes. Tax reductions would disproportionately benefit high-income households. Furthermore, reductions in fuel taxes could create harmful incentives to increase driving.

PRESS RELEASE 13.10.2022

VATT study: Increases in housing allowance do not increase the rent paid by beneficiaries

VATT study: Increases in housing allowance do not increase the rent paid by beneficiaries

Housing allowance was reformed in Finland in 2015 so that the size of the allowance was no longer dependent on the size of the dwelling. This reform significantly increased housing allowance for small homes. It was feared that the increased support for small homes would raise rents, diverting the benefits into the pockets of landlords. A recent study by VATT has shown, however, that the changes to housing allowance did not have a significant impact on rents.

PRESS RELEASE 2.9.2022

Newly launched Data Room produces rapid information for decision-making – Director’s position now open for applications

Newly launched Data Room produces rapid information for decision-making – Director’s position now open for applications

To support evidence-based decision-making, a unit was established in Finland that is unique even by international standards. The Data Room, which has been granted funding for three years, is an independent unit of VATT Institute for Economic Research. It will work in close cooperation with Helsinki Graduate School of Economics GSE and Statistics Finland. Applications are now being received for the position of the Data Room’s director.