Senior Economist @FinnishEPC PhD of #Economics @UniTurku Prev. @ECB, @ESM_press and @vmuutiset. Tweets personal.
Turku, Finland
Joined March 2010
- Tweets7.2K
- Following2.7K
- Followers2.5K
- Likes25.7K
💡New publication💡
Our paper co-authored with Daniela Filip discussing the economic and policy factors behind renewable energy consumption has just been published in the Journal of Environmental Economics and Policy
tandfonline.com/doi/abs/10.1…
#economics #energy #energypolicy
💡New publication in the International Economic Journal with Dr. Robert Krämer
"The EU Fiscal Framework and National Fiscal Rules: The Effect on Public Investment"
tandfonline.com/doi/full/10.…
#economics #fiscalpolicy #fiscalrules #taloustiede
3
122
Jonne Lehtimäki retweeted
Talouspolitiikan arviointineuvosto on vahvistanut VM:n syksyn 2026 makrotalouden ennusteen.
@VMuutiset @VTV_fi
Uusi muistiomme avaa, mitä ennusteen vahvistaminen tarkoittaa ja miten vahvistusprosessi etenee.
Lisätietoja ja muistio 👇
talouspolitiikanarviointineu…
Jonne Lehtimäki retweeted
Talouspolitiikan arviointineuvosto on julkaissut 1. arvionsa EU:n finanssipoliittisten sääntöjen noudattamisesta Suomessa.
Arvio laadittiin @VMuutiset pyynnöstä. Se kuuluu neuvoston lakisääteisiin tehtäviin riippumattomana finanssipolitiikan valvojana.
talouspolitiikanarviointineu…
Jonne Lehtimäki retweeted
On tärkeää, että 🇪🇺 investoinnit puolustusteollisuuteen kohdistuvat pääosin🇪🇺.
Idea on tulla riippumattomammaksi 🇺🇸, johon ei voi täysin luottaa.
Ja nyt Whitaker valittaa protektionismista. Trumpin keittämän tullisopan ja muun sekoilun jälkeen.
Uskomatonta, mutta totta.
Jonne Lehtimäki retweeted
Päivän korjaus: Jutussa todettiin aiemmin virheellisesti, että valtiovarainministeriö olisi suosittanut tekemään sopeutukset pääosin leikkaamalla. Todellisuudessa ministeriöllä ei ole kantaa siitä, miten sopeutukset tulisi toteuttaa.
Jonne Lehtimäki retweeted
📊 When labour supply constrains growth, fiscal policy needs a new playbook.
As Europe ages and labour markets tighten, traditional fiscal stimulus is losing effectiveness and can fuel inflation instead of boosting output.
In the latest #ESMBrief, ESM's Kai Behrens and University of Turku's @jonleh show that without labour market reforms, fiscal multipliers can fall below 0.5. But combine public investment with structural reforms and multipliers can exceed 1.5—even in tight labour markets.
🔑 Timing matters. Reforms must precede or accompany investment, as they need time to reduce long-term unemployment and create productive capacity.
This is especially urgent as Europe faces major investment needs in climate transition, digitalisation, and security—all while labour supply becomes more limited. The path forward requires coordinating fiscal policy with structural reforms to ensure public investment translates into real economic growth.
🔗 Full Brief: ow.ly/HuUn50XSqLG
Jonne Lehtimäki retweeted
In this new publication with @jonleh, we examine public investment in ageing societies. 🧵
We find that labour-market reforms in ageing societies can be very powerful in raising fiscal #multipliers and supporting growth. [1/5]
esm.europa.eu/ESM-briefs/pub…
Fresh ESM brief with @TechnocrtcTakes just out discussing public investment in tight labour markets.
#economics #publicinvestment #econtwitter
📊 When labour supply constrains growth, fiscal policy needs a new playbook.
As Europe ages and labour markets tighten, traditional fiscal stimulus is losing effectiveness and can fuel inflation instead of boosting output.
In the latest #ESMBrief, ESM's Kai Behrens and University of Turku's @jonleh show that without labour market reforms, fiscal multipliers can fall below 0.5. But combine public investment with structural reforms and multipliers can exceed 1.5—even in tight labour markets.
🔑 Timing matters. Reforms must precede or accompany investment, as they need time to reduce long-term unemployment and create productive capacity.
This is especially urgent as Europe faces major investment needs in climate transition, digitalisation, and security—all while labour supply becomes more limited. The path forward requires coordinating fiscal policy with structural reforms to ensure public investment translates into real economic growth.
🔗 Full Brief: ow.ly/HuUn50XSqLG
3
404
Jonne Lehtimäki retweeted
Julkaistiin tutkimusartikkeli @jonleh kanssa asiaan liittyen.
Suomen heikon talouskasvun yhtenä syynä väestön ikääntyminen.
Tavoittelun arvoinen asia, kansantaloudellisesti haastava juttu.
Keskustelu jatkukoon.
#ikääntyminen #kasvu
Jonne Lehtimäki retweeted
With one year left for the 🇪🇺 pandemic-era Recovery Fund, more than 40% remains to be absorbed (with the low-hanging fruit long gone). Focus on it has also delayed the absorption of the structural funds. Again shows the issue is not the lack of funds but absorption capacity.
Jonne Lehtimäki retweeted
This is seismic.
When the Telegraph - the house paper of Brexit - publishes a 2,000-word obituary admitting:
📉 Brexit has cut UK GDP by up to 8%
📉 Investment down 18%
📉 Productivity down 4%
📉 Employment down 4%
📉 No trade benefits
📉 No regulatory freedom
📉 No immigration control
📉 No growth
…it’s over.
This isn’t Remainers talking.
This is the Telegraph saying Brexit has been an unmitigated economic failure.
The numbers are now so bad, so undeniable, that even the architects of the project can’t keep pretending.
Brexit wasn’t a reset.
It wasn’t sovereignty.
It wasn’t taking back control.
It was a slow economic strangulation: a textbook case of national self-harm, dragging investment, wages, growth and confidence down with it.
We can’t build a future on a foundation of lies.
Time to repair the damage.
Time to rejoin the single market.
Time to put the country first.
🚩😮 Peak F*CK ME Brexit moment
When the Telegraph - THE BREXITGRAPH - publishes a full-blown obituary for Brexit, admitting:
📉 GDP down up to 8%
📉 Investment down 18%
📉 Productivity down 4%
📉 Employment down 4%
❌ No trade benefits
❌ No control of immigration
❌ No regulatory freedom
❌ No upside whatsoever
…that’s not a debate anymore.
That’s a death 💀 certificate for Brexit!!!
This is the moment the Right’s own economists finally say the quiet part out loud: Brexit has been an unmitigated economic disaster.
Not mixed.
Not needs time.
Not teething problems.
A. Total. F*cking. Failure.
And if even the Telegraph can say it then every politician still defending Brexit is lying to the public and lying to themselves.
It’s time to stop pretending.
It’s time to fix this mess.
It’s time to rejoin the single market.
Country before bullshit.
🔗 archive.ph/2025.11.29-132733…
💡New journal article👨🦳
Very excited to announce that a new paper co-authored with @Mau_And "Getting too old for this: Population ageing and its economic consequences in Finland" is now available in Economic Analysis and Policy.
#econtwitter #economics
doi.org/10.1016/j.eap.2025.1…
💡 New article 💻
"Digitalisation, institutions and governance, and diffusion: mechanisms and evidence"
In this paper we study the diffusion of digital technologies & how it is affected by institutions.
#digitalisation #diffusion #economics
Full article: tandfonline.com/doi/full/10.…
💡 New publication
Recently published in Journal of Economics: The fiscal and macroeconomic effects of fiscal rules
The paper studies effects on government debt, budget balances, public investment and economic growth.
#economics #fiscalrules #taloustiede
link.springer.com/article/10…
3
168
Jonne Lehtimäki retweeted
Elon waves the white flag on fixing the deficit.
DOGE goes down in American history as the most ineffective initiative ever.
Obvious 6 months ago.
Obvious now.
Was going to write a paper on the economic effects of Brexit with the title "The Greatest Unforced Economic Error in History" but suddenly that does not seem 100 % accurate. #economics #tariffs
6
322