Current research and working papers

[Updated 7.3.2024]


Predicting Winner and Loser Stocks: A Classification Approach

(with Roope Rihtamo and Matthijs Lof)

SSRN Research Paper, id 4718606, 2024

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It’s sad but true: Emotions and trustworthiness of information 

(with Marja-Liisa Halko, Juho Halonen, Marita Laukkanen and Mikko Salmela )

SSRN Research Paper, id 4692895, 2024

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Risk-Return Relation in Stock Returns under Economic Constraints

Under revision (Journal of Empirical Finance, 2023). SSRN Research Paper, id 4225052, 2022 

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A Structural Vector Autoregression containing Positive-Valued Components

(with Samuel Rauhala)

SSRN Research Paper, id 4301748, 2022

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Similarity-Based Recession Prediction in Different Interest Rate Environments

(with Visa Kuntze and Samuel Rauhala)

SSRN Research Paper, id 4163483, 2022 

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Similarity-Augmented Structural Vector Autoregression: The Effects of Forward Guidance Shocks in Different Monetary Policy Conditions 

(with Visa Kuntze and Markku Lanne)

SSRN Research Paper, id 4124211, 2022 

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Coincident Economic Activity Index for the Finnish Economy

(with Antti Fredriksson and Jani Sainio)

SSRN Research Paper, id 4066783, 2022

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Nonparametric Impulse Response Analysis in Changing Macroeconomic Conditions

(with Markku Lanne)

SSRN Research Paper, id 3888044, 2021

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Moving Forward from Predictive Regressions: Boosting Asset Allocation Decisions

(with Lauri Nevasalmi)

SSRN Research Paper, id 3623956, 2020

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Permanent working papers / discussion papers


A Multinomial Logit-based Statistical Test of Association Football Betting Market Efficiency

HECER Discussion Paper No. 380 (2014)

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Nonlinear dynamic interrelationships between real activity and stock returns

(with Markku Lanne)

CREATES Research Paper 2015 - 36 (2015)

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Is the Quantity Theory of Money Useful in Forecasting U.S. Inflation?

(with Markku Lanne and Jani Luoto)

CREATES Research Paper 2014 - 26 (2014)

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