Lack of capital has for long, if not always, been perceived as one of the most important impediments to economic activity in Finland the Achilles heel of the Finnish economy. This volume takes a long-term perspective on this perception. It considers how the Finnish financial system and the...

It is a well-documented empirical regularity that it is more satisfying to be self-employed han to work as an employee for an organization. A large part of this difference in job satisfaction is in the literature attributed to the strong perception of independence by the self-employed. In this...

We examine how those re-entering paid-employment after a brief self-employment spell fare upon return using data from the European Community Household Panel. Unconditionally, those re-entering paid-employment appear to have considerably lower wages than those staying in the wage sector. This...