Maczulskij, Terhi; Kanninen, Ohto; Karhunen, Hannu; … - 2024
The paper investigates the impact of involuntary job loss on severe debt problems in Finland, where up to 50% of income … loss, characterized by plant closures and mass layoffs, on debt-related challenges. Specifically, displaced workers have a … are particularly large for unpaid taxes, penal orders and fines, while job loss demonstrates only a modest impact on …