Latest news and press releases
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A study: Extroversion has become more valued in the labour market – success can be achieved with more than just intelligence
Press release 27.6.2024
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 Institu...
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European and US public economists’ gathering in Helsinki
News 14.6.2024
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.
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New study: Risk-based tax audits increase tax revenue by changing firm behaviour
Press release 4.6.2024
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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VATT Director General to change – Mikael Collan returns to professor position at LUT University
News 13.5.2024
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 la...
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Trans-Atlantic Public Economics Seminar TAPES
News 6.5.2024
The Trans-Atlantic Public Economics Seminar TAPES will be held in Helsinki, Finland on June 12-14 2024.
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Report offers new data on labour market performance of people who have moved to Finland for different reasons
Press release 4.3.2024
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 inco...
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Tuulia Hakola-Uusitalo appointed as the Research Director at VATT
Press release 2.2.2024
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.
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Economic Policy Council 2023 report publication and seminar on Wed 24.1.
News 23.1.2024
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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Welcome to the Deaton Review seminar on January 11th, 2024
News 28.11.2023
Deaton Review is an international research project which gathers evidence on inequalities from top researchers around the world. The Country Studies reports present evidence on inequalities in the labour markets from 17 economies in a comparable manner across several domains. VATT and the Finnish...
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VATT Day 2023: Choices in Healthcare
News 4.10.2023
In Finland, we spend over 20 billion a year on healthcare and the Finnish Social Insurance Institution (Kela) spends almost 2 billion a year on pharmaceutical reimbursements. Choices made healthcare and medical care have a major impact on public finances of the state, municipalities and wellbeing...
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Study: Savings in pharmaceutical expenditures are possible by increasing customers’ financial incentives
Press release 4.10.2023
Customers are more likely to choose a cheaper drug if they have to pay out of pocket for refusing generic substitution. The greater the financial incentives for generic substitution, the larger the savings, according to a new study analyzing generic substitution and reference price policies in No...
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Study: Patient choice reform reduced waiting times in public hospitals
Press release 4.10.2023
Despite long distances between hospitals in Finland, the patient choice reform for planned surgeries encouraged patients to seek treatment outside their own health care district. This reduced waiting times and ensured that existing resources were used more efficiently, a new study reveals.
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VATT Data Room: Russian invasion of Ukraine has had only minor economic effects on Finnish firms that used to trade with Russia
Press release 26.9.2023
The total exports and imports of the Finnish firms that used to trade in goods with Russia decreased almost immediately after the Russian invasion of Ukraine in February 2022, but the overall economic effects of the war on these companies have remained small.
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Marita Laukkanen appointed as a research professor
Press release 22.9.2023
Marita Laukkanen, a long-time chief researcher and research leader with the VATT Institute for Economic Research, has been appointed as a research professor. The decision on the change of position was made by the VATT leadership in September 2023. Laukkanen's work and responsibilities will remain...
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Economic Policy Council: Next government needs a credible plan for fiscal adjustment and combating climate change
Press release 1.2.2023
The Covid-19 pandemic and the current crisis have demonstrated that the government’s ability to support the economy is crucial. Given the persistent deficit in public finances, the new government term should start with a credible fiscal adjustment plan. The tightening of EU-wide climate policy wi...