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empirical analyses using micro data on consumer prices in Finland indicate that a specific form of attractive prices - 9-ending …
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In this note, we describe the construction of a coincident composite index measuring economic activity in the Finnish economy. We combine information from different sectors of the Finnish economy using a dynamic factor model that permits to extract the business cycle index. The underlying...
Persistent link: https://www.econbiz.de/10013293984
sophisticated models outper-form the basic static probit model in various studies. An empirical analysis made for Finland …
Persistent link: https://www.econbiz.de/10012271706
makers. In this article, we employ principal components analysis (PCA) to derive an estimate of the output gap in Finland … to the ones obtained from the main methods used at the Bank of Finland and the European Commission, but requiring …
Persistent link: https://www.econbiz.de/10012631046
Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
Persistent link: https://www.econbiz.de/10011434456
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. Labor productivity rises 8% at targets over two years post buyout (again, relative to controls), with large gains for both … public-to-private and private-to-private buyouts. Target productivity gains are larger yet for deals executed amidst tight … sharply curtails productivity gains in public-to-private and divisional buy-outs. Average earnings per worker fall by 1.7% at …
Persistent link: https://www.econbiz.de/10012631151
A consequence of similar institutional conditions of domestic labor markets in Europe is the permanent occurrence of the "labor hoarding" phenomenon, which entails non-immediate adaptation of employment to production changes. The article verifies whether the phenomenon of labor hoarding occurs...
Persistent link: https://www.econbiz.de/10012270498
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