Public Economics

What is the right level of tax progression? What are the consequences of basic income? How should universities be financed? What is the right way to support poor people? How should the pension system be financed? How limiting are the external constraints on public finance? What is the degree of inequality in Finland? Should local communities be supported by the government and if yes, how? How should usage of common goods such as natural resources be regulated?

Public Economics Research Group

Public economics provides a framework for thinking about the planner’s or the government’s intervention to the market. To this end, microeconomic models are used to assess how various market failures, inefficiencies, and inequalities can be corrected.

Much of modern public economics is related to inequality. The market economy does not necessarily produce a socially desirable distribution of income, and government intervention is again needed. Public economics research can inform policy discussion about the impacts of inequalities, how effective public policies are in reducing them, and how policymakers can address possible tradeoffs between economic efficiency and distributional equity.

At the core of public economic analysis are various policy measures, including taxes, provision of public goods, and regulatory actions. Research in contemporary public economics is increasingly empirical.  Impact evaluation methods and sufficient statistics approaches are used to attempt to credibly estimate the impact of policy instruments and reforms on taxpayer and individual behavior.

Members
JP
Jukka Pirttilä

Chair of the group, Professor

Kwabena Adu-Ababio

Member, PhD student

MH
Marja-Liisa Halko

Member, University Lecturer

KH
Kristiina Huttunen

Member, Research Professor

Arttu Kahelin

Member, PhD student

AK
Arttu Kauhanen

Member, PhD student

EK
Eugen Koev

Member, PhD student

AK
Aliisa Koivisto

Member, PhD student

KK
Kaisa Kotakorpi

Member, Research Professor

Anustup Kundu

Member, PhD student

ML
Matti Liski

Member, Professor

JM
Juuso Mäkinen

Member, PhD student

TM
Topi Miettinen

Member, Professor

KP
Kimmo Palanne

Member, PhD student

TP
Tuomas Pekkarinen

Member, Research Professor

TS
Tuukka Saarimaa

Member, Professor

RU
Roope Uusitalo

Member, Professor

Helsinki GSE