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Determinants of Expenditure Variation in Finnish Municipalities
(Valtion taloudellinen tutkimuskeskus VATT, 2002-03-19)
This paper focuses on two separate issues. First, the expenditure response of Finnish municipalities to price and income changes during the matching grants period is examined. Second, the existence of the so-called "flypaper ...
Do Wages Subsidies Increase Employment in Subsidised Firms?
(Valtion taloudellinen tutkimuskeskus VATT, 2005-12-30)
The present paper examines whether subsidised jobs have contributed to the employment in subsidised firms or merely substituted for non-subsidised ones. The data set is an unbalanced panel of some 31,000 firms that are ...