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This study analyses financial sustainability of the Finnish public sector. Current tax rates are unlikely to yield sufficient tax revenue for financing public expenditure under an ageing population. In the base alternative we assume that the European crisis does not worsen and that productivity...
Persistent link: https://www.econbiz.de/10012037623
We study the use of pension funds in the Finnish earnings-related pension system with the aim of smoothing contributions over time under demographic and economic risks. Smoothing is affected by the revisions in long-term forecasts and is thus imperfect. As a partially funded defined-benefit...
Persistent link: https://www.econbiz.de/10012037710
This study analyses financial sustainability of the Finnish public sector. Current tax rates are unlikely to yield sufficient tax revenue for financing public expenditure under an ageing population. The estimate of the sustainability gap is 2 1/2 per cent of GDP, for the period 2010 - 2060. The...
Persistent link: https://www.econbiz.de/10010272991
Persistent link: https://www.econbiz.de/10000859442
Persistent link: https://www.econbiz.de/10001728918
is measured in three ways: first, the time it takes to complete civil education and the level of education acquired … further find that longer military service does not prolong the attainment of civil education and does not cause a reduction in …
Persistent link: https://www.econbiz.de/10010326864
-owned firms have a longer and higher education than the personnel of domestic non-multinational firms. Foreign-owned firms pay …
Persistent link: https://www.econbiz.de/10010326887
as well as international literature. A distinction is thereby made between the role and impact of the education system … that early-year education and ALMP measures are typically targeted at differently aged young people. Apart from young …
Persistent link: https://www.econbiz.de/10012037652
This paper reviews the theoretical and empirical literature on job market signalling and on education as a job market … importance of relative education as an explanatory variable in a Mincerian- style wage equation. I find the conclusions of this … method to be dependent on the reference group used in defining relative education. Consequently also the second method yields …
Persistent link: https://www.econbiz.de/10010273007
to the year 2009. The analysis focuses on their participation in various modes of adult education and their long …-term labour market outcomes. Employees in declining occupations are found to have participated only moderately in adult education …. The result is the same also when adult education is split into four main modes, and into shorter and longer time horizons …
Persistent link: https://www.econbiz.de/10012604530