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Life-cycle Profiles of Consumption and Income. An analysis of the Finnish household budget surveys in 1966-1990
(Valtion taloudellinen tutkimuskeskus VATT, 1993-01-01)
The changing role of international investment in the mining sector - the case of Bolivia
(Valtion taloudellinen tutkimuskeskus VATT, 1991-01-01)
The Soviet Union, Eastern Europe and Finland
(Valtion taloudellinen tutkimuskeskus VATT, 1991-01-01)
Labour Taxation, Tax Progression and Job Matching - Comparative Alternative Models of Wage Setting
(Valtion taloudellinen tutkimuskeskus VATT, 2002-11-21)
In this paper we consider the effects of labour taxation on wages, unemployment and efficiency in a job matching framework. We derive labour market equilibrium with taxes in a model of endogenous job creation and job ...
Hours of Work and Time Use of Employment People in Estonia and Finland
(Valtion taloudellinen tutkimuskeskus VATT, 1992-01-01)
Nonlinearity and Heteroscedasticity in Tobit Models: Score Tests for Misspecification with one Degree of Freedom
(Valtion taloudellinen tutkimuskeskus VATT, 1992-01-01)
Social Capital and Economic Growth Revisited
(Valtion taloudellinen tutkimuskeskus VATT, 2003-06-09)
Social capital facilitates cooperation in the society. High level of social capital promotes economic efficiency by lowering transaction costs. Trust towards strangers and low level of corruption are examples of high level ...
Investment Incentives in Closely Held Corporations and Finland's 2005 Tax Reform
(Valtion taloudellinen tutkimuskeskus VATT, 2006-05-04)
This paper analyses the effects of the recent Finnish income tax reform on the behaviour of a closely held corporation (CHC) and its owners. The main elements of the reform are cuts in corporate and capital income tax rates ...
Finland's First 10 Years in the European Union - Economic Consequences
(Valtion taloudellinen tutkimuskeskus VATT, 2006-01-13)
This paper summarizes the economic performance of Finland in 1995–2004 and compares the actual developments to the projections made prior to the EU membership. The paper also assesses the impacts of the structural changes ...
Gerontocracy Revisited: Unilateral Transfer to the Young May Benefit the Middle-aged
(Valtion taloudellinen tutkimuskeskus VATT, 2002-05-22)
According to conventional wisdom, intergenerational transfers can survive, in the absence of altruism, only if the old are net recipients. I prove that this need not hold in an overlapping generations model with a fixed ...