The Nordic Model is the 20th-century Scandinavian recipe for combining stable democracies, individual freedom, economic growth and comprehensive systems for social security. But what happens when Sweden and Finland - two countries topping global indexes for competitiveness, productivity, growth,...

The matching function that postulates a relationship between the flow of new matches and stock of job seekers and vacancies has attracted considerable attention, both theoretical and empirical during the last decade. In this paper the properties of a matching function are examined by using a...

The study shows that a stochastic frontier approach applied to regional level data offers a convenient and interesting method to examine how regional differences in matching efficiency and structural factors contribute to aggregate unemployment. The study finds notable and time-wise stable...

While the growing supply of university skills is known to have agglomerated towards the large centers in Finland, there is no research knowledge available on the development of regional demands. This paper attempts to fill this gap by analyzing regional variation in the private-sector return to...

Is there an entrepreneurial personality and does it appear early in life? We provide a new answer on this question by using the so-called Type A behavior traits (Aggression, Leadership, Responsibility, and Eagerness-Energy), measured in childhood and adolescence, and examining their relationship...

We describe the size and timing for comprehensive as well as decomposed measures of unemployment. We then test for and confirm a change in the structural rate of unemployment by finding structural breaks in the Okun and Beveridge relations. Finally, we employ existing empirical models to examine...

Is there an entrepreneurial personality and does it appear early in life? We provide a new answer on this question by using the so-called Type A behavior traits (Aggression, Leadership, Responsibility, and Eagerness-Energy), measured in childhood and adolescence, and examining their relationship...

The increase in the prevalence of obesity worldwide has led to great interest in the economic consequences of obesity, but valid and powerful instruments for obesity, which are needed to estimate its causal effects, are rare. This paper contributes to the literature by using a novel instrument:...

We study the impact of an information intervention on opioid prescribing using a preregistered research design and comprehensive nationwide register data. The intervention involved a personal letter sent to all Finnish physicians who had prescribed oxycodone or fentanyl to a patient who had...