A central aspect of the industrial evolution in the advanced economies is the phenomenon called servitization. In general, the term servitization or product-service transition is used to highlight the change, where the tangible offering of a manufacturing firm is augmented with intangible...

Nokia’s ascent, dominance, and descent have resulted in significant labor inflows and outflows in Finland. In this paper, we document the aspects of these flows using official register-based data covering virtually all individuals and organizations in Finland. Our setup may be compared to a...

This paper examines the relationship between the distribution of average annual household pre-tax earnings and average annual household hours of market work for married couple households. The point of departure in this paper is the treatment of the variation in annual hours worked either over...

In an age when there is considerable focus on the needs and rights of children, it is perhaps a little surprising that parental income still mostly determines the standard of living that children enjoy. This has important implications, not just in terms of overall levels of welfare for children,...

Current debates on the welfare state entail two intertwined questions. First, does a nation have sufficient active labor force participation to maintain the benefits for non-participants? Second, do social provisions exacerbate or attenuate class, ethnic and other distinctions within society? As...