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Pre-Electoral Coalitions: Insights into the Creation of Political Parties

Hortala-Vallve, Rafael; Meriläinen, Jaakko; Tukiainen, … - 2021

We evaluate the causes and consequences of pre-electoral coalitions (PECs). In Finland, local elections use a proportional representation system with open lists, and parties may form joint lists. We document that PECs are more common between parties of equal size and similar ideology, and when...

Persistent link: https://www.econbiz.de/10012503096

Equality Enhancing Benefit Cut - Possible, but Unlikely

Kotamäki, Mauri - 2020

This paper considers whether a replacement rate cut can be income equality enhancing and with what conditions. The logical answer to the question is yes, if the propensity of moving from low income state to high income state is high enough. The main contribution of this paper is to derive an...

Persistent link: https://www.econbiz.de/10012503087

Effects of subsidizing the firstemployee - Empirical evidence from Finland

Nivala, Annika - 2019

This paper studies the effects of a first employee wage subsidy imple-mented in parts of Finland in 2007â 2011 using the universe of Finnishfirms. The subsidy, amounting to 30% of the wage costs of the firstemployee in the first year and 15% in the second, was targeted to en-trepreneurs without...

Persistent link: https://www.econbiz.de/10012503082

Consumption Over the Life Cycle: A Selected Literature Review

Kankaanranta, Päivi - 2006

Simple life cycle and permanent income hypotheses imply that changes in consumption should be unforecastable. Rational … forward-looking agents ought to smooth consumption over the life cycle and exhaust the asset stock accumulated during the … review of literature focuses particularly on the life cycle issues of consumption behaviour. …

Persistent link: https://www.econbiz.de/10012502961

Mental disorders and lifetime earnings

Salokangas, Henri - 2021

In advanced countries in particular, the mental well-being of adolescents and young adults is gaining increased amount of attention. Yet little is known about lifetime labor market costs attributable to mental disorders nor the related heterogeneity by the age of onset of psychiatric conditions....

Persistent link: https://www.econbiz.de/10013394368

Exploring the labor market consequences of psychiatric disorders: An event study approach

Salokangas, Henri - 2021

Vast literature documents a negative association between mental disorders and labor market performance but it is challenging to find a research design that could provide an reliable estimate for an effect. This paper provides new evidence on the immediate labor market consequences following the...

Persistent link: https://www.econbiz.de/10013394371

Layoff Orders and Occupational Mobility via Unemployment

Vahamaa, Oskari - 2015

This paper examines how a change in layoff order can affect the decomposition and the size of unemployment in an … concentrates involuntary unemployment incidences to inexperienced workers decreases workers' incentives to reallocate, compared to … an equilibrium where everyone faces an identical unemployment risk, leading also to a decrease in aggregate unemployment …

Persistent link: https://www.econbiz.de/10012503055

The EMU and the anchoring of inflation expectations?

David, Mayes; Maritta, Paloviita; Matti, Viren - 2015

. This paper provides a new way of assessing the credibility of monetary policy by analyzing the dispersion of inflation-unemployment … 1999-2013. The analysis is based on dispersion measures where we use alternative weights for inflation and unemployment and … also on a simple Misery index which is just a sum of inflation and unemployment values. The general outcome of the paper is …

Persistent link: https://www.econbiz.de/10012503057

Coordination in the Labor Market

Halko, Marja-Liisa; Virrankoski, Juha - 2011

We solve the equilibrium market structure in a labor market where vacancies and unemployed workers can meet either in …

Persistent link: https://www.econbiz.de/10012503018