This study investigates the impact that pension policy measures aiming to extend working lives have on working lives, retirement ages and income distribution, as well as on the fiscal sustainability of the earnings-related pension system and public finances. Our research report is divided into...

This study analyses how pension policy reforms that aim at lengthening working careers impact working careers, income distribution, and fiscal sustainability of both the earnings-related pension system and overall public finances. The research focuses on the economic outcomes of increasing the...

In this study, we review the connection between individuals private wealth and their timing of the retirement. The study begins with a review of related international literature. In the second section, we describe how Finnish citizens have responded when asked about the impact of their wealth on...

The Nordic welfare model has received a lot of positive attention around the world. High standard of living, small income disparities and substantial social mobility looks like a very attractive package. Moreover, sound public finances and strong emphasis on environmental sustainability suggest...

Lack of capital has for long, if not always, been perceived as one of the most important impediments to economic activity in Finland the Achilles heel of the Finnish economy. This volume takes a long-term perspective on this perception. It considers how the Finnish financial system and the...