How to estimate the effects of a tax increase on economic activity? What is the relationship between Euro-area inflation and unemployment? How are the effects of financial shocks transmitted globally? What type of a path do returns on a stock-market index follow? How to efficiently utilize limited data to estimate economic models to provide predictions and answers to causal questions? How to deal with massive amounts of data to that end?
Econometrics Research Group
Econometrics is the branch of economics developing tools that economists use to answer the type of questions outlined above. The roots of conventional econometric methods are in statistics, but with increasing availability of very large data sets, these tools currently include also machine learning methods, originating from computer science.
While econometrics is primarily theoretical, concentrating on the mathematical and stochastic properties of methods, it also comprises empirical analysis of economic data, mostly with emphasis on gaining practical experience on the properties of alternative methods and comparing their performance. Methods deemed reasonable can subsequently be employed in empirical research in various fields of economics.
Further examples of empirical research questions can be found e.g. in the homepages of the Helsinki GSE research groups on Macroeconomics, Labor and Public economics, and Industrial Organization.
Members
Mika Meitz
Chair of the group,
Professor
mika.meitz at helsinki.fi
Homepage

Jetro Anttonen
Member,
PhD student
jetro.anttonen at helsinki.fi
Pirkka Jalasjoki
Member,
PhD student
pirkka.jalasjoki at bof.fi

Juho Koistinen
Member,
PhD student
juho.koistinen at helsinki.fi
Markku Lanne
Member,
Professor
markku.lanne at helsinki.fi
Keyan Liu
Member,
PhD student
keyan.liu at helsinki.fi
Jani Luoto
Member,
Professor
jani.luoto at helsinki.fi
Alfan Mansur
Member,
PhD student
alfan.mansur at gmail.com
Homepage
Mika Meitz
Member,
Professor
mika.meitz at helsinki.fi
Homepage
Olli Palmén
Member,
PhD student
olli.palmen at helsinki.fi
Pentti Saikkonen
Member,
Professor Emeritus
pentti.saikkonen at helsinki.fi
Savi Virolainen
Member,
PhD student
savi.virolainen at helsinki.fi
Upcoming Seminars
18 Sep 2019
Econometrics
The Identification Problem for Linear Rational Expectations Models (joint with Piotr Zwiernik)
- Majid Al-Sadoon
- Durham University
25 Sep 2019
Econometrics
Identifying Factor-Augmented Vector Autoregression Models via Changes in Shock Variances
- Yohei Yamamoto
- Hitotsubashi
23 Oct 2019
Econometrics
Optimal weighting of leading economic indicators
- Henri Nyberg
- University of Turku
2 Dec 2019
Econometrics
Econometrics PhD Workshop
6 Nov 2019
Econometrics
Predicting systemic financial crises with recurrent neural networks
- Eero Tölö
- Bank of Finland
4 Jun 2020
Econometrics
Econometrics PhD Workshop
7 Oct 2020
Econometrics
Nearest neighbours-based impulse response analysis: U.S. government spending multipliers in nonparametric world
- Henri Nyberg
- University of Turku
18 Dec 2020
Econometrics
Helsinki GSE / FDPE Econometrics PhD Student Workshop
10 Jun 2021
Econometrics
Econometrics PhD Workshop
17 Nov 2021
Econometrics
A Feasible Approach to Incorporate Information in Higher Moments in Structural Vector Autoregressions
- Sascha Keweloh
- TU Dortmund University
22 Dec 2021
Econometrics
Econometrics PhD Workshop
20 May 2022
Econometrics