The paper combines the short-run link between increases in aggregate demand and growth of GDP, which leads to a reduction in unemployment, with a definition of the equilibrium rate of unemployment that is independent of the growth rate. We first present evidence from the EU and the US that...

Keskustelunaloitteessa tarkastellaan työn vastaanottamisen kannattavuutta tilanteessa, jossa vapaa-aikaan sisältyvän kotityöhön käytettävän ajan väheneminen otetaan huomioon työllistymispäätöstä tehtäessä. Laskelmissa verrataan nettotulojen ja laskennallisen kotityön arvon...

This paper contains an empirical analysis of gross job flows in the context of the great depression of the early 1990s in Finland. The job flows are characterised in terms of employee age and education. The outflow of workers from employment occurs mainly through unemployment, unemployment...

This paper explores employment trends and structural changes in the labour force of Finnish manufacturing over the 10-year period 1985_95 and analyses the role thereby played by technological progress. The main results may be summarised as follows. The employment- enhancing role of high-tech...