Assistant Professor of Finance Elias Rantapuska’s paper accepted to the Journal of Finance
The article "Formative Experiences and Portfolio Choice: Evidence from the Finnish Great Depression", by Professor of Finance Samuli Knüpfer (BI Norwegian Business School), Assistant professor of Finance Elias Rantapuska (Aalto University, School of Business), and Senior Researcher Matti Sarvimäki (VATT, Institute for Economic Research) has been accepted for publication in the Journal of Finance. The paper investigates the long-run impact of the Finnish Great Depression on the investment of risky assets. Individuals who were exposed to adverse labor market consequences at the beginning of 1990’s are less likely to invest in risky securities 15 years later. These effects also propagate in social networks: individuals whose neighbours and family members experienced adverse circumstances also avoid risky investments.
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Team of Interior Architecture and Contemporary Design students won the Habitare Design competition 2023
The Habitare Design Competition is intended for students studying art, design, and architecture in Finland. This year ‘s theme of the competition was “Tools for togetherness”, which required the teams to design and implement new types of tools to promote togetherness and interaction on a human scale or more widely.
Audiobooks can today be created with AI
The Department of Industrial Engineering and Management has published its first AI-based audiobook.
Is wood brown, blue, yellow, or transparent? Researchers discovered ways to make transparent and colourful coatings from wood
Researchers have succeeded in developing new types of coatings from lignin in trees. The invention has many potential uses, for example in anti-fogging coatings, where it can replace highly toxic chemicals.