Individual unemployment spells are frequently interrupted by short casual employment, by participation in active labour … market policy (ALMP) measures or by periods outside the labour force. Such episodes end unemployment spells but afterwards … problem of being without a "real" job in the longer run. To better grasp this problem of repeated unemployment we analyse …

fundamental role in determining unemployment movements. This role has generally been examined by considering indirect transmission … the chain reaction theory of unemployment, and we find that capital stock is a major determinant of unemployment in the … Nordic countries. In particular, the different unemployment experiences of these economies derive from the temporary (albeit …

fundamental role in shaping unemployment movements. This role has generally been examined by considering indirect transmission … single-equation unemployment rate models. Here we advocate a different approach. We directly estimate the effects of capital … stock in the labour market by applying the chain reaction theory of unemployment, and we find that capital stock is a major …

this unforeseen increase in unemployment. We then discuss the role of labour market institutions in the adjustment process … that has brought unemployment back to normal levels. We argue that these institutions cannot be blamed for the increase in … unemployment, but that more flexible institutions could have lead to a more rapid decline in unemployment. …

In this paper we evaluate whether the accuracy of Finnish unemployment rate forecasts can be improved by utilising the … information in the flows into and out of unemployment. We compare and contrast different methodologies for constructing the flows …

major challenges for policy makers in Finland. The recession of the early 1990s showed that high unemployment can leave long …, greater flexibility in wage setting, ensuring earlier activation of unemployed and reforming unemployment and social benefits … to better support work incentives. Finland has an unusual combination of elevated unemployment replacement rates and late …

major challenges for policy makers in Finland. The recession of the early 1990s showed that high unemployment can leave long …, greater flexibility in wage setting, ensuring earlier activation of unemployed and reforming unemployment and social benefits … to better support work incentives. Finland has an unusual combination of elevated unemployment replacement rates and late …

overall unemployment and a large share of the long-term unemployed are serious concerns. …

finances, but high overall unemployment and a large share of the long-term unemployed are serious concerns. …

unemployment. We then discuss and research the role of labour market institutions in the adjustment process that has brought … unemployment back to a 'normal' level. We argue that these institutions cannot be blamed for the increase in unemployment, but that … more flexible institutions could have led to a more rapid fall in unemployment once the Finnish economy began to recover …