We employ probit models to study the predictability of recession periods in Finland using a set of commonly used variables based on previous literature. The findings point out that individual predictors, including the term spread and the real housing prices from the capital area, are useful...

Tutkimus koostuu neljästä osasta, jotka käsittelevät vapaaehtoista eläkevakuutusta. Ensimmäinen näistä on kirjallisuuskatsaus eläkevakuutusten, säästämisen ja verotuksen vuorovaikutukseen. Toisessa osassa analysoidaan kilpailua pitkäaikaisen säästämisen markkinoilla vapaaehtoisen...

Indirect analysis of market power requires market delineation. Procedures in competition case law can be biased, as sample of market participants is typically biased or wrong one for analysis of market boundaries. Market delination can then be biased to too narrow markets, thus finding too much...

This paper looks at stories and evidence set forth to explain programmer participation in open source projects, coordination of these projects, licensing of open source software, and on the public policy regarding open source software. The paper concentrates on economics and empirical evidence.

Recent court rulings, e.g., in the Gencor and Airtours cases, seem to indicate that the legal concept of joint dominance in oligopolistic markets is equivalent to the economic concept of collusion. This paper argues that the enlargement of the dominance concept to also include oligopolistic...