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...

Intangibles and especially organisational capital are an important source of capital deepening in European countries, albeit with significant cross-country differences. The GDP in the EU27 area is 5.5% higher if certain categories of expenditure, which have until now been considered as current...

Finnish regions increased their exports in special industries from 1999 to 2013. This internationalization of industries in regions is measured by the adjusted Balassa's revealed comparative advantage index. It has been shown that innovation potential has not increased, even though R&D drives...

This study considers employment and productivity growth generated by the public funding of R&D using linked employer-employee data in Finland. Public subsidies, instrumented by available public R&D funding in the industry/region, have a positive effect on productivity growth in small and...

This exploratory study examines outsourcing and offshoring of software development by analysing Indian companies in Finland. Based on qualitative data our results support the view that offshore outsourcing decisions are usually cost-driven. Another important motive has been the availability of...

This paper uses a job duration model based on linked employeremployee data over the period 1989-1998 with an emphasis on the job mobility of the highly educated. It is shown that the job mobility of all prime age workers is sensitive to pecuniary incentives. However, wages as a whole include...

This paper explains early retirement using Finnish time-use data, gathered by Statistics Finland during the years 1987 and 2000. The biggest gain drawn from time-use data is the capability to give information of individuals’ non-monetary activities. Finnish early retirement years are, in many...

This paper examines wage compensations and worker mobility in firms with different size using linked employer-employee Finnish data over the period 1989-1996. We show that the unobserved human capital component of wages is increasing in firm size and explains a substantial share of the higher...