Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sector matching model where...

Selvitystä varten kartoitettiin Suomen kannalta keskeisiä, Suomen ulkopuolella laadittuja globaaleja skenaarioita. Tavoitteena oli mm. tuottaa tausta-aineistoa Suomen talouden tulevaisuutta koskevaa laajempaa projektia varten (Kansantalous 2026). Maailmantalouden globaali hallinta (global...

Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sector matching model where...

Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sector matching model where...