This study explores domestic inter-regional merger flows. Theoretical considerations based on monitoring are developed. The empirical part of the study is based on the comprehensive public data on domestic mergers and acquisitions that is matched to the micro-level data sources maintained by...

Industries have varying abilities to benefit from externalities associated with geographical concentration, and are also likely to suffer in different degrees from crowding costs. This makes industries differ in their concentration process. We hypothesize that firms with low education levels...

Outside the U.S., little is known about the labor-market returns to vocational (or polytechnic) postsecondary education. This paper focuses on the labor-market returns to polytechnic bachelor's degrees in Finland. Using detailed administrative data, we estimate person fixed effect models to...

The aim of this study is to explore the structure and the dynamics of regional labour markets in terms of gross migration flows in Finland. The study addresses also the composition of gross migration flows. The study exploits the fact that Finland is divided into 85 sub-regions (the so-called...

Productivity growth of the Finnish regions in 13 manufacturing industries is decomposed into micro-level sources by using plant-level data from 1975 to 1999. There are substantial regional differences in the intensity of productivity-enhancing restructuring. Dynamic competition is more intensive...

In the 1990s polytechnic education reform took place in Finland, which gradually expanded higher education to all Finnish regions; the polytechnics constituted a new non-university sector in higher education. This reform is used to study the causal effect of education on the inter-regional...

A wide range of high involvement management practices, such as self-managed teams, incentive pay schemes, and employer-provided training have been shown to boost firms’ productivity and financial performance. However, less is known about whether these practices, which give employees more...

This paper explores the effects of outsourcing on employee well-being through the use of the Finnish linked employer-employee data. The direct negative effect of outsourcing is attributable to greater job destruction and worker outflow. In terms of perceived well-being, the winners in...

This study contains an empirical analysis of gross job and worker flows in the context of the great depression of the early 1990s. The novelty of the empirical implemention is to characterize gross job and worker flows in terms of education and experience of employees. This is an important...

The aim of this study is to characterize the structure and the evolution of Finnish regional labour markets in terms of gross job and worker flows using plant-level data. There is no solid evidence that the job creation rate is on average lower in Eastern and Northern Finland. The rapid rise in...