Tutkimuksessa tarkastellaan Suomen kansantalouden tulevaa kehi-tystä, jos ja kun nykyiseen taantumaan liittyy myös rakennekriisi. Sen mukaan talou-den potentiaalisen tuotannon ura saattaa sekä taittua matalammalle tasolle että kasvaa sen jälkeen hitaampaa vauhtia kuin ennen. Näitä...

Much of the empirical literature on PRP (Performance Related Pay) focuses on a question of whether the firm can increase firm performance in general and enterprise productivity in particular by introducing PRP and if so, how much. However, not all PRP programs are created equal and PRP programs...

This paper explores performance measurement in incentive plans. Based on theory, we argue that differences in the nature of jobs between blue- and white-collar employees lead to differences in incentive systems. We find that performance measurement for white-collar workers is broader in terms of...

Tutkimuksessa tarkastellaan toimihenkilöiden välisiä eroja työ- ja palkkaurissa sekä niiden taustalla vaikuttavia tekijöitä. Lisäksi tutkimuksessa kiinnitetään huomiota siihen, missä uravaiheessa merkittävimmät erot syntyvät ja mikä merkitys erilaisilla siirtymillä on...

This paper examines how CEO pay is related to firm size and to firm performance in Finland by using new individual-level compensation data in 1996-2002. We find robust evidence that CEO average compensation has increased substantially between 1996 and 2002. For example, the ratio between CEO and...

This paper studies a retail chain that introduced a sales incentive plan that rewarded for exceeding a sales target and subsequently cut the incentive intensity in addition to increasing the target. Utilizing monthly panel data for 54 months for all 53 units of the chain the paper shows that the...

This study uses a unique survey data from 398 Finnish manufacturing firms to explore how the order of magnitude of mobility and connectivity of a firms ICT stock in conjunction with various organizational innovation and HRM practices affect the firms performance. The data suggest that mobile...

We study the impact of performance-related pay (PRP) on gender wage differences using Finnish linked employer-employee panel data. Controlling for unobserved person and firm effects, we find that bonuses increase womens earnings slightly less than mens, but the economic significance of the...

We study how Foreign Direct Investment (FDI) measures gross fixed capital formation in foreign-owned companies. Our data include firm-level information on FDI inflows and real investment (Gross Fixed Capital Formation) by foreign-owned companies located in Finland. Our results suggest that the...