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many other western countries. The shrinking of the working-age population, ageing of the labour force, and growth in the …
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the growth prospects in the coming 5 years. The weakness of Finland’s performance relative to comparative EU … recovery in turn stems from a stronger export market growth, the fading away of the negative Nokia shock, and the improvement … on productivity growth, we estimate that Finland could achieve an annual growth rate of about 2 per cent in the coming 5 …
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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...
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-term care costs are modeled to be partly dependent on the proximity to death, and thus grow slowly compared to the growth in the …
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