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VATT Institute for Economic Research

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VATT Institute for Economic Research

VATT in Brief
VATT Institute for Economic Research analyses public finances in Finland and evaluates economic reforms. Other research areas include the labour market and the long-term prospects of the economy.

The purpose of VATT research is to support informed decision-making and its focus is on policy-relevant topics. The Institute has complete independence in conducting its research, which meets high standards of scientific quality.

VATT has invested special effort in developing a sound modelling infrastructure, upgrading methods of impact assessment and improving its knowledge base on public finance institutions. For these reasons, VATT is a well-respected partner in numerous research projects.

VATT currently has a staff of 60 persons. Its researchers are in high demand by various economic policy working groups.

Review

Annual Review
Finland’s economy continued to tread water in 2014, and the public debate about weak growth meant that the structural themes represented by the research centre remained topical. Indeed many of our publications attracted a great deal of public interest. Research Area I published a comparison of upper secondary schools which, among other things, managed to assess for the first time the value added imparted to pupils of Finnish upper secondary schools using econometrically reliable methods, and from a policy maker’s perspective the positive key finding was that the differences in quality between Finnish upper secondary schools are smaller than hitherto thought. In June the VATT Analysis on immigration to Finland, which was intended for a broader audience, contained a new set of estimates of the costs to public finances of immigration using various assumptions concerning the integration of migrants and their children.

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