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Bockerman, Petri - 2019

We examine the effects of a comprehensive school reform on mental health. The reform postponed the tracking of students into vocational and academic schools from age 11 to age 16. The reform was implemented gradually across Finnish municipalities between 1972 and 1977. We use...

Persistent link: https://www.econbiz.de/10012859608

Service Imports, Workforce Composition, and Firm Performance : Evidence from Finnish Microdata

Ariu, Andrea - 2019

This paper uses unique Finnish firm-level micro data on service imports, work-force composition, and firm characteristics to examine changes in employment composition and performance of Finnish service importers during a period of a significant increase in services imports (2002-2012). We use...

Persistent link: https://www.econbiz.de/10012861415

Voice at Work

Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021

We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job...

Persistent link: https://www.econbiz.de/10013239560

Leaky Bucket in the Real World : Estimating Inequality Aversion Using Survey Data

Pirttila, Jukka; Uusitalo, Roope - 2021

Existing evidence of inequality aversion relies on data from class-room experiments where subjects face hypothetical questions. This paper estimates the magnitude of inequality aversion using representative survey data, with questions related to the real-economy situations the respondents face....

Persistent link: https://www.econbiz.de/10013317002

The Looks of a Winner : Beauty, Gender, and Electoral Success

Berggren, Niclas; Jordahl, Henrik; Poutvaara, Panu - 2007

We study the role of beauty in politics using candidate photos that figured prominently in electoral campaigns. Our investigation is based on visual assessments of 1,929 Finnish political candidates from 10,011 respondents (of which 3,708 were Finnish). An increase in beauty by one standard...

Persistent link: https://www.econbiz.de/10014049900

Gallup Democracy in Exercising the NATO Membership Option : The Cases of Finland and Sweden

Kanniainen, Vesa - 2022

The paper asks whether the exercising of the NATO membership option is justified for Finland and Sweden in the light of … towards the membership. In both countries, the majority of people turned to favor the membership within 2-3 months. Finland …. The Turkish intervention in the membership process after the membership applications of Finland and Sweden were delivered …

Persistent link: https://www.econbiz.de/10014078678

Five Facts About Beliefs and Portfolios

Giglio, Stefano - 2019

We administer a newly-designed survey to a large panel of retail investors who have substantial wealth invested in financial markets. The survey elicits beliefs that are crucial for macroeconomics and finance, and matches respondents with administrative data on their portfolio composition and...

Persistent link: https://www.econbiz.de/10012866380

Financial Integration in the GCC Region : Market Size Versus National Effects

Arin, K. Peren - 2019

This paper examines financial spillovers between the four largest equity markets (by market capitalization) in the GCC region using a VAR-GARCH (1,1) framework that sheds light on interdependence as well as the effects of the 2014 oil crisis. Since the UAE is a federation including two stock...

Persistent link: https://www.econbiz.de/10012867875

The Seniority Structure of Sovereign Debt

Schlegl, Matthias - 2019

Sovereign governments owe debt to many foreign creditors and can choose which creditors to favor when making payments. This paper documents the de facto seniority structure of sovereign debt using new data on defaults (missed payments or arrears) and creditor losses in debt restructuring...

Persistent link: https://www.econbiz.de/10012870639

The Global Financial Cycle and Capital Flow Episodes : A Wobbly Link?

Scheubel, Beatrice - 2019

We add to the literature on the influence of the global financial cycle (GFC) and gyrations in capital flows. First, we build a new measure of the GFC based on a structural factor approach, which incorporates theoretical priors in its definition. This measure can also be decomposed in a...

Persistent link: https://www.econbiz.de/10012858195

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