This study analyses the views of the staff members of nine upper secondary schools in Finland that were in the upper or lower tails of the efficiency distribution measured with stochastic frontier analysis. Teachers and principals were interviewed on their views about the students, staff...

This paper develops a model of the relationship between public sector employment, total output and aggregate real demand in market prices, where public employment has a positive productivity effect on private output and where public employment crowds out private employment and output via wage...

The aim of this study is to explore the dynamics of regional labour markets in terms of migration flows. In particular, the study explores the impact of labour markets and housing markets on migration. The internal and the external re-organisations of regional labour markets are shown to be...

This paper provides new evidence about the evolution of top incomes in Finland over the period 1966 - 2002. Using micro data we construct estimates of shares of top income groups. The paper shows how the proportion of income earned by the very richest one per cent has changed over time. It shows...

In the paper an index number measuring inefficiency of taxation is introduced which is based on an economy-wide generalisation of the input distance function. Related concepts are an input based quantity index, the index of real endowment, and a productivity index indicating effectiveness of the...

The Finnish economy has experienced an incredible shock in the first part of the 1990s. The 12 per cent decline in Finland?s GDP between 1991 and 1993 led to a sharp rise in unemployment from 3.5 per cent in 1990 to 18 per cent in 1993. The credibility of the Finnish economic policy has improved...

The paper presents a fiscal indicator that uses the fiscal situation of the previous year as a benchmark. Different revenue and expenditure items have their own of rules by which the cyclical and discretionary changes are determined. An important step in constructing the new indicator is the...

This paper considers the effect of labour taxation on wages and employment in a trade union model with endogenous working hours. In the model, individuals choose working hours with a given wage rate, competitive firms decide on employment taking wages and working hours as given and a monopoly...

This study examines the impact of business subsidies on beneficiary and non-beneficiary firms during a short three year period, from 1995 to 1997. The indicator measuring the impact of subsidies on these firms is their Value Added growth over the three-year period. The study is based on...

Literature on early retirement has generally ignored firms' role in the labour market withdrawals. Yet, as it is shown in this paper, employee incentives alone cannot explain the increase in unemployment at the end of the career. Instead, we construct an implicit contracts model where we account...