Hyytinen, Ari; Määttänen, Niku; Lassila, Jukka; … - 2010
The earnings-related pension system is partially pre-funded in Finland and has currently large reserves. This has … roused debate whether the pension funds should take a more active role in promoting employment, growth and domestic ownership … portfolios of the pension institutions. E.g., is it possible to invest the funds in a way that generates higher wage bill and …