Böckerman, Petri; Laaksonen, Seppo; Vainiomäki, Jari - Volkswirtschaftliche Fakultät, … - 2009
This paper explores the wage flexibility in Finland. The study covers the private sector workers by using three data sets from the payroll records of employers’ associations. The data span the period 1985-2001. The results reveal that there has been macroeconomic flexibility in the labour...