Press releases

The basic income in Finland led only to a small increase in employment. Finland is the only country that carried out a complete nationwide randomized control trial of a basic-income program. „It has been widely hypothesized that universal basic income might alleviate many problems in contemporary labor markets, like job polarization and inequality. However, in our research we could not find a major impact on the Finnish labor market“, says Jouko Verho one of the authors.

A new policy brief from EconPol Europe analyses current vaccine production contracts and recommends an optimal contract design to boost availability. The policy implications, say authors, are very clear: contracts should contain incentives for accelerated production, with vaccines delivered early commanding a higher price.

Robotization has significantly lower productivity effects than previously assumed and may cause falling wages, according to a new study from EconPol Europe. The study also rejects previous research findings that the technology causes skill-biased technological change and instead finds the opposite to be true.

International experts surveyed by EconPol Europe expect the election of Joe Biden to boost economic growth in their countries. The survey of 843 experts from 107 countries reveals they expect the Democratic candidate’s win to add 1.16 percentage points on average to growth in 2021.

A change in US monetary policy could impact global exchange rates