In this paper we evaluate the changes in the times-to-degree at the Finnish universities in the 1990s. In particular, we evaluate the effect of the 1992 student aid reform that was intended to shorten the duration of university studies. We find that the student aid reform had only a modest...

The study examines which factors predict academic performance at university and compares the predictive values of subject-related entrance exams and indicators of past school performance. The results show that in the fields of engineering and social sciences entrance exams predict both...

In this study we analyse the effects of the changes in the school spending on the matriculation examination results. We use a large sample of Finnish senior secondary school students from the years 1990-1998. Teaching expenditure did not have a significant effect on the average test scores....

Should unemployment compensation be paid indefinitely at a fixed rate or should it decline (or increase) over a worker's unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker-firm bargaining over wages, free entry of new jobs,...

In this paper we study the capital adjustment process in Swedish manufacturing firms and relate the empirical findings to standard models of firm behavior in the presence of impediments to capital adjustments.

In this paper we investigate the determinants of municipal labour demand in Sweden 1988-1995. Utilising a major grant reform in 1993, through which a switch from mainly targeted to mainly general central government grants occurred, we are able to identify which type of grants that have the...