contribution rate by raising the retirement age and cutting pensions. These kind of specific reforms are not, however, optimal due … employment would weaken as well as the position of future generations. The study presents a pension reform that stabilizes the …

thus imperfect. As a partially funded defined-benefit system, demographic risks and asset yield risks directly affect the …

This PhD thesis is a collection of studies on retirement in Finland. The main purpose is to assess labour market …

indicate that if definite changes in retirement rates are not forthcoming, the pressure for tax tightening in the near future … will be conspicuous. The projections show that pension reform alone will not dispel the pressure for tax increases. But if …, in addition to pension reform, the productivity of service production in the public sector is boosted, ageing will not …

sources, endangering the continuity of the technology transfer function and creating disincentives to invest in its …

expenditures, and tax revenues. We also consider the reform that has been proposed by the current government (in 2016) which … student loans, and wage income. According to the results, the reform proposed by the current government will reduce government … expenditures on student aid by about 20 percent, which is close to the government’s target. However, the reform is also likely to …