Juha-Pekka Junttila

University of Oulu - Department of Economics, Accounting and Finance

P.O. Box 4600

Oulu, 90014

Finland

University of Jyväskylä - Jyväskylä International Macro & Finance Research Group (JyIMaF)

PO Box 35

Jyväskylä

Finland

SCHOLARLY PAPERS

33

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Top 18,253

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53

CROSSREF CITATIONS

23

Scholarly Papers (33)

1.

ESG Investment Performance: Evidence from Global Markets

Number of pages: 52 Posted: 28 Feb 2022 Last Revised: 24 Mar 2022
Thanh Nam Vu, Heikki Lehkonen and Juha-Pekka Junttila
University of Jyväskylä - School of Business and Economics, University of Jyväskylä - School of Business and Economics and University of Oulu - Department of Economics, Accounting and Finance
Downloads 572 (90,812)

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ESG, Sustainable investing, Portfolio management, Emerging markets

Utilizing Financial Market Information in Forecasting Real Growth, Inflation and Real Exchange Rate

Number of pages: 59 Posted: 22 Jan 2008
Juha-Pekka Junttila and Marko Korhonen
University of Oulu - Department of Economics, Accounting and Finance and University of Turku - Department of Economics
Downloads 240 (237,395)

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Stock market, forecasting, macro economy, exchange rates

Utilizing Financial Market Information in Forecasting Real Growth, Inflation and Real Exchange Rate

Number of pages: 58 Posted: 22 Jan 2008
Juha-Pekka Junttila and Marko Korhonen
University of Oulu - Department of Economics, Accounting and Finance and University of Turku - Department of Economics
Downloads 130 (407,782)
Citation 2

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Stock market, forecasting, macro economy, exchange rates

3.

Adaptive Inflation Expectations Under Structural Changes: The Case of Finland

Number of pages: 41 Posted: 06 May 1997
Juha-Pekka Junttila
University of Oulu - Department of Economics, Accounting and Finance
Downloads 282 (203,067)

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4.

Testing an Augmented Fisher Hypothesis for Money Market Interest Rates in Finland

Dept. of Economics, University of Oulu WP #7
Number of pages: 67 Posted: 11 Feb 1998
Juha-Pekka Junttila
University of Oulu - Department of Economics, Accounting and Finance
Downloads 254 (225,534)

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5.

When Aiyagari meets Piketty: Growth, Inequality and Capital Shares

Number of pages: 63 Posted: 17 Mar 2021
Toni Juuti, Kari Heimonen, Juha-Pekka Junttila and Teemu Pekkarinen
Labour Institute for Economic Research, University of Jyväskylä, University of Oulu - Department of Economics, Accounting and Finance and Massachusetts Institute of Technology (MIT)
Downloads 232 (246,325)

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Economic growth, Inequality, Top income shares, Capital shares

6.

COVID-19 and the Discounting of Real Economic Activity in the U.S. and European Stock Markets

Number of pages: 36 Posted: 24 Apr 2020 Last Revised: 27 Jan 2021
Juha-Pekka Junttila and Vance L. Martin
University of Oulu - Department of Economics, Accounting and Finance and University of Melbourne - Department of Economics
Downloads 226 (252,609)

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COVID-19, discounting, stock markets, macro factors, rare disasters, tail risk, unconventional monetary policy

7.

Forecasting the Macroeconomy with Current Financial Market Information in Europe and the United States

EFMA 2002 London Meetings, Bank of Finland Research Discussion Paper No. 2/2002
Number of pages: 73 Posted: 19 Jan 2002
Juha-Pekka Junttila
University of Oulu - Department of Economics, Accounting and Finance
Downloads 222 (256,896)
Citation 22

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financial markets, forecasting, macroeconomy, Euro-area, USA

8.

On the Stability of Stablecoins

Number of pages: 48 Posted: 04 Mar 2021
Klaus Grobys, Juha-Pekka Junttila, James W. Kolari and Niranjan Sapkota
University of Vaasa, University of Oulu - Department of Economics, Accounting and Finance, Texas A&M University - Department of Finance and University of Vaasa
Downloads 220 (259,049)
Citation 19

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Bitcoin, financial technology, power laws, spillovers, stablecoins, volatility

9.

The Performance of Economic Tracking Portfolios in an It-Sensitive Stock Market

Number of pages: 40 Posted: 01 Mar 2002
Juha-Pekka Junttila and Heli Kinnunen
University of Oulu - Department of Economics, Accounting and Finance and University of Oulu
Downloads 199 (284,170)
Citation 1

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Industry Stock Portfolios, Forecasting, Macroeconomy

10.

Haven on Earth? Dynamic Connections between Gold and Stock Markets in Turbulent Times

Number of pages: 40 Posted: 13 Feb 2017
Juha-Pekka Junttila and Juhani Raatikainen
University of Oulu - Department of Economics, Accounting and Finance and University of Jyväskylä - School of Business and Economics
Downloads 178 (313,845)
Citation 2

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Gold market, Stock market, Risk, Dynamic correlations, Shocks

11.

Commodity Market Based Hedging against Stock Market Risk in Times of Financial Crisis: The Case of Crude Oil and Gold

Number of pages: 44 Posted: 26 Aug 2017
Juha-Pekka Junttila, Juho Pesonen and Juhani Raatikainen
University of Oulu - Department of Economics, Accounting and Finance, University of Jyväskylä - School of Business and Economics and University of Jyväskylä - School of Business and Economics
Downloads 152 (359,307)
Citation 2

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Crisis, Hedging, Commodity Markets, Stock Markets

12.

Connections between Commodity Prices and Global Macroeconomy: Evidence from Machine Learning and GVAR

Number of pages: 42 Posted: 09 Jan 2022 Last Revised: 13 Mar 2022
Juha-Pekka Junttila, Kari Heimonen and Ernest Owusu Boakye
University of Oulu - Department of Economics, Accounting and Finance, University of Jyväskylä - Jyväskylä International Macro & Finance Research Group (JyIMaF) and Jyväskylä University School of Business and Economics
Downloads 138 (387,910)

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commodity prices, macroeconomy, machine learning, Global VAR

13.

Hedging Commercial Real Estate Price Risk: Evidence from the U.S.

Number of pages: 50 Posted: 19 Aug 2021
Valtteri Jokinen, Juha-Pekka Junttila and Juhani Raatikainen
CBRE Finland, University of Oulu - Department of Economics, Accounting and Finance and affiliation not provided to SSRN
Downloads 126 (416,313)

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Real estate, Dynamic optimal hedge ratio, Hedging effectiveness, Dynamic conditional correlation, GJR-GARCH

14.

Speculation and Lottery-Like Demand in Cryptocurrency Markets

Number of pages: 33 Posted: 20 Apr 2020 Last Revised: 08 May 2020
Klaus Grobys and Juha-Pekka Junttila
University of Vaasa and University of Oulu - Department of Economics, Accounting and Finance
Downloads 121 (429,101)
Citation 1

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MAX, lottery-like demand, cryptocurrency, Financial Technology, FinTech, gambling

15.

Commercial Paper Markets in the Benchmark Rate Reform for EURIBOR Rates

Number of pages: 39 Posted: 08 Dec 2021 Last Revised: 26 Mar 2024
Juha-Matti Tauriainen and Juha-Pekka Junttila
University of Jyväskylä - University of Jyväskylä School of Business and Economics and University of Oulu - Department of Economics, Accounting and Finance
Downloads 120 (431,845)

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Commercial paper, EURIBOR, term structure of interest rates, COVID-19, segmentation

16.

The Role of Stock and Currency Market Information in the Taylor Rule: Evidence from OECD Countries

Number of pages: 45 Posted: 12 Jan 2013
Juha-Pekka Junttila
University of Oulu - Department of Economics, Accounting and Finance
Downloads 119 (434,641)

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Monetary policy, Stock market, Curency market

17.

Empirical Evidence on the Role of Inflation Regime in the Exchange Rate Pass-Through to Import Prices

Posted: 23 May 2010 Last Revised: 24 May 2010
Marko Korhonen and Juha-Pekka Junttila
University of Turku - Department of Economics and University of Oulu - Department of Economics, Accounting and Finance
Downloads 111 (457,747)

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Pricing-to-market, smooth transition regression, import prices, inflation regime

18.

Declining Macro-Economic Uncertainty and the Cost of Equity Capital: Analysing the Pre-Emu Period in a Dynamic Setting

Number of pages: 27 Posted: 20 Jan 2005
Juha-Pekka Junttila and Juha-Pekka Kallunki
University of Oulu - Department of Economics, Accounting and Finance and University of Oulu - Department of Economics, Accounting and Finance
Downloads 91 (523,715)

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Stock market, valuation, earnings yield, macroeconomic risks

19.

Revisiting the Real Exchange Rate Parity: The Role of Stock Market Information

Number of pages: 30 Posted: 07 Aug 2010
Marko Korhonen and Juha-Pekka Junttila
University of Turku - Department of Economics and University of Oulu - Department of Economics, Accounting and Finance
Downloads 85 (546,365)

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real exchange rate, real interest rates, stock markets, cointegration

20.

Keep the Faith in Banking: New Evidence for the Effects of Negative Interest Rates Based on the Case of Finnish Cooperative Banks

Number of pages: 56 Posted: 27 Jan 2020
Juha-Pekka Junttila, Juhani Raatikainen and Jukka Perttunen
University of Oulu - Department of Economics, Accounting and Finance, affiliation not provided to SSRN and University of Oulu - Department of Accounting & Finance
Downloads 81 (562,491)
Citation 1

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Banks, profitability, negative interest rates, dynamic conditional correlations

21.

A Random Walk Down the Economic Policy Street: Effects of Economic Policy Uncertainty on Forecasting Future Real Economic Activity in the Euro Area and the UK

Number of pages: 40 Posted: 17 Feb 2017
Juha-Pekka Junttila and Juuso Vataja
University of Oulu - Department of Economics, Accounting and Finance and Vaasan yliopisto (University of Vaasa)
Downloads 81 (562,491)

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forecasting, financial crisis, EPU, real economic activity

On the Legacy of Negative Interest Rates to the Profitability of European Banking Sector

Number of pages: 66 Posted: 01 May 2023
Juha-Pekka Junttila and Evita Viitala
University of Oulu - Department of Economics, Accounting and Finance and Aito Säästöpankki Oy
Downloads 68 (630,060)

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Bank business models, credit losses, euro area, negative interest rates, ownership structure, profitability

On the Legacy of Negative Interest Rates to the Profitability of European Banking Sector

Number of pages: 65 Posted: 13 Mar 2024
Juha-Pekka Junttila and Evita Viitala
University of Oulu - Department of Economics, Accounting and Finance and Aito Säästöpankki Oy
Downloads 9 (1,114,025)

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Bank business models, credit losses, euro area, Negative interest rates, ownership structure, profitability

23.

Pricing of Electricity Futures Based on Locational Price Differences: The Case of Finland

Number of pages: 44 Posted: 26 Aug 2017
Juha-Pekka Junttila, Valtteri Myllymäki and Juhani Raatikainen
University of Oulu - Department of Economics, Accounting and Finance, Fortum Oyj and University of Jyväskylä - School of Business and Economics
Downloads 72 (601,423)

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Risk Premium, Electricity Futures, EPAD, Nordic Electricity Market, Arbitrage

24.

Long-Run Determinants and Short-Run Dynamics of the Trade Balance in the EU-15 Countries

Number of pages: 44 Posted: 14 Sep 2016
Mika Nieminen and Juha-Pekka Junttila
University of Jyväskylä - School of Business and Economics and University of Oulu - Department of Economics, Accounting and Finance
Downloads 71 (606,027)

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Trade balance, Competitiveness, European monetary union

25.

The Euro's Effect on Trade Balance Dynamics

Number of pages: 30 Posted: 09 May 2015 Last Revised: 28 Sep 2015
Mika Nieminen and Juha-Pekka Junttila
University of Jyväskylä - School of Business and Economics and University of Oulu - Department of Economics, Accounting and Finance
Downloads 64 (640,064)

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external adjustment, J-curve, competitiveness, European monetary union

26.

The Collapse of Soviet Trade and Finland's Great Depression of the 1990's: A Re-Examination

Number of pages: 64 Posted: 05 Feb 2015 Last Revised: 18 Feb 2016
Pekka Ahtiala and Juha-Pekka Junttila
Tampere University - Department of Economics and University of Oulu - Department of Economics, Accounting and Finance
Downloads 60 (660,910)

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Depression, Finland, Russian trade collapse

27.

Impacts of Sovereign Risk Premium on Bank Profitability: Evidence from Euro Area

Number of pages: 65 Posted: 13 Aug 2021
Juha-Pekka Junttila and Sang Nguyen
University of Oulu - Department of Economics, Accounting and Finance and University of Jyväskylä - University of Jyväskylä School of Business and Economics
Downloads 57 (677,332)
Citation 2

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Bank profitability, sovereign risk premium, negative interest rates, unconventional monetary policy

28.

Assessing the Commodity Market Price and Terms of Trade Exposures of Macroeconomy in Emerging and Developing Countries

Number of pages: 41 Posted: 12 Feb 2021 Last Revised: 21 Jan 2022
Ernest Owusu Boakye, Kari Heimonen and Juha-Pekka Junttila
Jyväskylä University School of Business and Economics, University of Jyväskylä and University of Oulu - Department of Economics, Accounting and Finance
Downloads 39 (794,342)

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commodity prices, terms of trade, structural vector autoregression, emerging and developing countries

29.

Discounting the Deficit into Debt: The 3D Dilemma for the OECD Countries

Number of pages: 79 Posted: 23 Aug 2017
Juha-Pekka Junttila
University of Oulu - Department of Economics, Accounting and Finance
Downloads 37 (809,498)

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sovereign debt, public deficit, discounting, growth, sustainability

30.

Balance Sheet Positions in OECD and Post-Soviet Countries Since the 1990s

Number of pages: 97 Posted: 26 May 2016
Kari Heimonen, Juha-Pekka Junttila and Risto Rönkkö
University of Jyväskylä - School of Business and Economics, University of Oulu - Department of Economics, Accounting and Finance and Tampere University - School of Business Administration
Downloads 36 (817,266)

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sovereign debt, national wealth, aggregate private wealth

31.

Testing an Augmented Fisher Hypothesis for a Small Open Economy: The Case of Finland

Posted: 01 Jul 2001
Juha-Pekka Junttila
University of Oulu - Department of Economics, Accounting and Finance

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32.

Detecting Speculative Bubbles in an It-Intensive Stock Market

Posted: 21 May 2001
Juha-Pekka Junttila
University of Oulu - Department of Economics, Accounting and Finance

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Bubbles, stock market, macroeconomy, unit roots, causality

33.

Information Content in the Term Structure of Money Market Interest Rates on Future Inflation: The Case of Finland

Posted: 17 Sep 1998
Juha-Pekka Junttila
University of Oulu - Department of Economics, Accounting and Finance

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