Curriculum Vitae

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Senior Researcher, ETLA Economic Research · jaakko.markkanen@etla.fi · ORCID · Google Scholar

Education

• Aalto University, Helsinki — Doctor of Science (Economics and Business Administration), 2025
  • Dissertation: Industrial Organization Studies on Pharmaceutical Markets. Advisor: Otto Toivanen.
• Aalto University, Helsinki — Master of Science (Economics and Business Administration), 2019

Fields

Industrial Organization.

Working experience

• ETLA Economic Research, Helsinki — Senior Researcher (Sep 2025–), Researcher (Aug 2024–Aug 2025)
• University of California, Berkeley — Visiting Researcher (Aug 2022–May 2023)

Working papers

• Beggar-Thy-Neighbor by Other Means (with Markku Siikanen and Nelli Valmari). ETLA Working Papers 141, 2026.
• Free Entry and Social Inefficiency in Regulated Pharmacy Markets (with Antto Jokelainen, Samuli Leppälä, Markku Siikanen, Matti Sipiläinen and Otto Toivanen). VATT Working Papers 172 / CEPR DP 20095, 2025. Revise & Resubmit, AEJ: Microeconomics.
• Passthrough of Retail Price Regulation in the Market for Pharmaceuticals. ETLA Working Papers 123, 2024.
• The Effects of Price Regulation on Pharmaceutical Expenditure and Availability (with Mika Kortelainen, Markku Siikanen and Otto Toivanen). Helsinki GSE Discussion Papers 16 / CEPR DP 18497, 2023. Revise & Resubmit (2nd round), Journal of the European Economic Association.

Ongoing research

• Demand for Unemployment Insurance and Union Membership (with Salla Kalin and Markku Siikanen).

Grants

• OP Group Research Foundation, 2026
• Alfred Kordelin Foundation — personal grant, 2025
• Yrjö Jahnsson Foundation, 2025

Programming skills

Languages: Python, Stata, R · Technologies: Git, LaTeX