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The Ministry of Finance has appointed Jenni Jaakkola, D.Sc. (Econ.), as Secretary General of the Finnish Economic Policy Council for the period of 1 September 2024 – 31 December 2025. During Jaakkola’s term, the Council’s role and division of labour with other actors will be examined further.
Since the early 2000s, the value of being extrovert has increased in the labour market. "Conscientiousness and education are still valued, but there is also new emphasis being placed on extroversion including sociability, activity and energy," says Ramin Izadi, a Senior Researcher at VATT Institute for Economic Research. The information comes from a new study, Evolving Returns to Personality, which has recently been peer-reviewed and accepted for publication in the prestigious Journal of Labor Economics.
The Trans-Atlantic Public Economics Seminar (TAPES) brought together leading economists in the field of tax and income transfer systems to Helsinki on June 12-14, 2024.
Following a tax audit, firms immediately report more taxable profit, and the reported profits also remain higher for at least five years after the audit. These changes in firms’ reporting behaviour explain one third of the tax revenue generated by tax audits.
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The Director General of National Institute for Economic Research VATT is changing. Mikael Collan, who has led the institute since 2021, is returning to LUT University as Professor of Strategic Finance in August. The five-year term of Director General of VATT will be opened for application at a later date. The Ministry of Finance will handle the recruitment.
The Trans-Atlantic Public Economics Seminar TAPES will be held in Helsinki, Finland on June 12-14 2024.
According to a report commissioned by the Ministry of Economic Affairs and Employment, the employment rate and average income vary strongly among people who have arrived in Finland for different reasons, especially in the early stages of their stay. The differences in the employment rate and income between immigrants and people with Finnish background narrow along with the length of stay in Finland.
Tuulia Hakola-Uusitalo has been appointed to the post of a chief researcher at VATT Institute for Economic Research. Concurrently, she is also nominated to the post of the Research Director for the next five years from the April 1st 2024.
Economic Policy Council will publish its annual report on the government’s economic policy on January 24, 2024. An open seminar will be held for anyone interested in the report. The seminar is held in Finnish.
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