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dc.contributor.authorAli-Yrkkö, Jyrkien
dc.contributor.authorKotiranta, Annuen
dc.contributor.authorNikulainen, Tuomoen
dc.contributor.authorPajarinen, Mikaen
dc.contributor.authorRouvinen, Petrien
dc.date.accessioned2011-03-25T09:39:22Z-
dc.date.available2011-03-25T09:39:22Z-
dc.date.issued2008-
dc.identifier.urihttp://hdl.handle.net/10419/44541-
dc.description.abstractIn order to shed light on the consequences of the ongoing financial crisis, ETLA conducted two surveys at the end of October 2008. The firm survey targeted firms employing at least 10 persons in Finland (2,017 observations with a response rate of 33%) and the consumer survey targeted 15-74-year-old Finns (2,025 observations with a response rate of 37%). More than half of the firms say that their sales/orders are down due to the financial crisis. In virtually all dimensions manufacturing fares worse than services. In part this is due to the fact that business-to-business and foreign markets seem to be experiencing more problems than consumer and domestic markets. If the situation continues, the problems will undoubtedly spread. Our observations suggest that in the Finnish case the demand-induced effects will be more several than those directly attributable to problems in attracting external finance. Unless the October 2008 deepening in the crisis, which is now felt by all firms and consumers, is reversed shortly, the effects will accumulate and lead to a recession.en
dc.language.isofinen
dc.publisher|aThe Research Institute of the Finnish Economy (ETLA) |cHelsinkien
dc.relation.ispartofseries|aETLA Discussion Papers |x1158en
dc.subject.jelD91en
dc.subject.jelD92en
dc.subject.jelG21en
dc.subject.jelY1en
dc.subject.ddc330en
dc.subject.keywordFinancial crisisen
dc.subject.keywordConsumer surveyen
dc.subject.keywordFirm surveyen
dc.subject.keywordBehavioren
dc.subject.keywordFinlanden
dc.subject.stwFinanzmarktkriseen
dc.subject.stwMakroökonomischer Einflussen
dc.subject.stwFinnlanden
dc.titleKuluttajat ja yritykset rahoitusmarkkinariisissä: Reaktioita ja näkemyskiä tulevasta-
dc.typeWorking Paperen
dc.identifier.ppn584351593en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:rif:dpaper:1158en

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