The aim of this paper is to present functioning of financial markets in the Nordic countries. This paper explores financial markets of Denmark, Finland and Sweden during the global crisis and the 80s and 90s crises of the twentieth century. The article presents the results of researches for...

In this paper, we examine if and to what extent the Kaleckian theory of mark-up pricing can explain changes in functional income distribution in an environment of financialization. Following this approach, we expect financialization to influence the aggregate wage share through three channels:...

The report focuses on the relative macroeconomic performance since the global financial crisis of six Northern European countries with a special emphasis on Finland. While fiscal and monetary policies have definitely impacted on macroeconomic outcomes in the six countries examined, as a whole...