This paper examines wage compensations and worker mobility in firms with different size using linked employer-employee Finnish data over the period 1989-1996. We show that the unobserved human capital component of wages is increasing in firm size and explains a substantial share of the higher...

In Finland the shifts in compensation have been of a similar kind compared to those in the US, but moderate with increasing wage variance between plants, an increasing gap between average non-productive and productive worker wages and an increasing share of non-production workers. In the deep...

Is the process of workforce aging a burden or a blessing for the firm? Our paper seeks to answer this question by providing evidence on the age-productivity and age-earnings profiles for a sample of plants in three manufacturing industries (“forest”, “industrial machinery” and...

Labour-market polarization is characterized by increased employment in occupations at the top but also at the bottom of the skills and wage distributions, followed by a relative decline in 'middling' occupations. This paper documents a polarization trend also in the Nordic labour markets and...

We analyse taxes and employment in a system of firm-level labour demand and industry-level regional labour supply, using linked employer-employee data from Finland in 1990-2003. We show that virtually all of the wage tax burden is borne by employers since wages fully adjust. Labour demand also...

We use plant-level linked employer-employee data from Finland to estimate production functions where also employee characteristics (average age and education, and sex composition) are included. We also estimate similar models for wages to examine whether wages are based on productivity. Our aim...

This paper compares the effects of intangible capital on wage formation among white-collar manufacturing workers using comparative data from three European countries: the Czech Republic, Finland and Norway. The analysis is undertaken in two steps. First, we explore the wage differentials and the...

This paper reviews the theoretical and empirical literature on job market signalling and on education as a job market signal. Possible economic implications of educational job market signalling to an individual and the society are represented based on existing theories. The paper also reviews...

In Finnish manufacturing, the gender wage gap more than doubles during the first ten years in the labor market. This paper studies the factors contributing to the gender gap in early-career wage growth. The analysis shows that the size of the gender gap in wage growth varies with mobility status...

In this study we focus on differences in careers and wage development between white-collar workers. We are interested in the questions of which factors contribute to these differences and at what stage of the career they occur. Furthermore, we investigate the wage effects of the different types...