Showing 1 - 10 of 124
Population ageing constitutes a central challenge to Finland. Understanding the Finnish economy's likely future … outlook for Finland. To revert these trends substantial policy efforts are needed. Unless the decline in human capital can be …
Persistent link: https://www.econbiz.de/10012703120
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According to the standard life cycle model, household saving rate should peak at the best working age and turn then to decline so that households dissolve their savings after retirement. This study examines, how age and birth cohort affect the saving behavior of the Finnish households. A...
Persistent link: https://www.econbiz.de/10013363535
The paper investigates the relationship between employment protection legislation (EPL hereafter) and labour productivity growth in the EU in the context of the Great Recession. We consider the crisis and recovery periods, evaluate the relevance of both levels and changes in EPL for productivity...
Persistent link: https://www.econbiz.de/10013259541
sophisticated models outper-form the basic static probit model in various studies. An empirical analysis made for Finland …
Persistent link: https://www.econbiz.de/10012271706
significantly negative to zero, depending on the estimation sample and especially if the Finnish Great Depression of early 1990's is …
Persistent link: https://www.econbiz.de/10012521030
makers. In this article, we employ principal components analysis (PCA) to derive an estimate of the output gap in Finland … to the ones obtained from the main methods used at the Bank of Finland and the European Commission, but requiring …
Persistent link: https://www.econbiz.de/10012631046
We propose a new Bayesian VAR model for forecasting household loan stocks in Finland. The model is designed to work as … forecast models currently in use at the Bank of Finland and improves our understanding of household debt trends in Finland. …
Persistent link: https://www.econbiz.de/10013272734
We have estimated a new measure of pension wealth gains, covering the working-age population in Denmark during 2015-2022, in collaboration with Statistics Denmark. By linking this new data to the existing income and tax registers at the individual level, we provide a full picture of net...
Persistent link: https://www.econbiz.de/10014442367