This paper studies the volatility of electricity spot prices in the Nordic market (Sweden, Finland, Denmark, and Norway) under regime switching. Utilizing Markov-switching GARCH (Generalized Autoregressive Conditional Heteroskedasticity) models, we provide strong evidence of nonlinear regime...

In this paper we estimate social mobility rates, free of measurement errors, using register data for Denmark and Sweden, 1968 to 2021. To correct for measurement error attenuation, we take ratios of the correlation of relatives at different locations in family trees, such as cousins relative to...

This paper explores post-pandemic developments and analyses post-COVID matching dynamics in the Nordic labour markets. It also discusses the role of institutions and the policies implemented to address labour market mismatch in the region. The COVID-19 pandemic brought about a recession, with a...

We investigate long-run earnings responses to taxes in the presence of dynamic returns to effort. First, we develop a theoretical model of earnings determination with dynamic returns to effort. In this model, earnings responses are delayed and mediated by job switches. Second, using...

We study the effect of peer coaching separately from the effect of training on teachers' implementation of new teaching techniques. We conducted a preregistered field experiment involving 68 teachers and 1,490 students in Denmark. Teachers in an active control group took part in a teaching...

Policymakers, public commentators, and researchers often cite the Nordic countries as examples of a social and economic model that successfully combines low income inequality with prosperity and growth. This article aims to critically assess this claim by integrating theoretical perspectives and...

In international comparison, dual systems of vocational education and training are often considered to be more successful than school-based systems for managing sustainable transitions from school to work. This assessment is particularly valid for Switzerland, while the German dual system has...

Climate change can cause large economic disruptions by introducing new risks to supply chains and changing demand patterns. This economic memo explores how climate change, via its impact on global temperatures, transmits to inflation in Europe, with a countryspecific focus on Denmark, Norway and...

Using linked employer-employee data combined with administrative data on debt enforcement, we analyze the impact of job loss on debt problems in Finland, where even 50% of income may be subject to wage garnishment for up to 25 years. Our results show that job loss, defined by plant closures and...

We develop a model where heterogeneous agents choose whether to engage in onthe-job search (OJS) to improve labor income. The model accounts for untargeted microdata patterns: fiscal incentives affect job-to-job mobility and wage growth of stayers-but not leavers-across the income distribution,...

For over 40 years, the European Union has supported cutting-edge science, research and innovation. By driving scientific progress, the EU R&I programme helps to tackle some of the most important challenges facing Europe, from cancer to climate change. This CORDIS Results Pack on Horizon in...

Denmark's approach to the training and certification of fishers is regulated and based on the STCW-F Convention. All fishers need to have completed a certain level of training to receive the certificates required to allow them to work on board a Danish flagged seagoing fishing vessel. The...

For over 40 years, the European Union has supported cutting-edge science, research and innovation. By driving scientific progress, the EU R&I programme helps to tackle some of the most important challenges facing Europe, from cancer to climate change. This CORDIS Results Pack on Horizon in...

The Commission carried out a study to look at consumer behaviours concerning food waste and date marking. The study covered over 25000 participants from across all 27 EU Member States, who were asked to report on how they manage food in their daily lives through a survey. Based on their...

In 2024, Ringkøbing-Skjern shuttered its formerly fossil-based energy system, and became one of the first municipalities in the world to be fully self-sufficient through renewable energy in 2024. This was made possible by early strategy development, the creation of a supporting institutional...

This unique insight into the corporate investment in Denmark examines companies' finance needs and the constraints they face. The 2024 edition also provides insight into the pressing issues facing firms, such as climate change, high energy costs and the green transition. The survey, which has...

The VAT Gap represents the difference between expected VAT revenues and those actually collected, reflecting compliance challenges, policy inefficiencies, and enforcement gaps. As part of the European Commission's ongoing efforts to improve VAT compliance and revenue collection, these 27 country...

This report analyses the labour market in the Öresund Region, sometimes called Greater Copenhagen, which covers the metropolitan areas of Copenhagen in Denmark and Malmö in Sweden. It presents a current and forward-looking analysis of the evolution of the labour market from both a statistical...

This report is an analysis of the labour market in the Schleswig-Sønderjylland Region. The cross-border region covers the municipalities of Aabenraa, Sønderborg, Haderslev and Tønder in Southern Denmark and the districts of Schleswig-Flensburg and Nordfriesland as well as the city of...

This report documents the work done in the most recent annual update for Denmark. This work was carried out by the EUROMOD core development team, based at the JRC in Seville, in collaboration with the national team.

We seek to understand the welfare of dairy cattle in Denmark from 1750 to 1900, a period marked by significant agricultural development and industrialization. By applying contemporary animal welfare metrics to historical data, we uncover a detailed picture of how bovine welfare evolved. Our...

I present empirical results on the contribution of three key drivers of inflation in Denmark: an inflation trend anchored by inflation expectations; the Danish business cycle; and an energy price cycle. All three drivers contribute significantly to the development of inflation and explain most of...

The ratio of pension assets to GDP in Denmark is the highest among OECD countries. Danish pension funds invest more than half of the country's pension wealth in foreign assets, giving rise to exchange rate risks that are managed using financial instruments. We study the currency hedging...

Kaliningrad Oblast was created as a war trophy and a symbol of Soviet victory over Nazi Germany in 1945/1946. For nearly seven decades, it played a strictly military role in Soviet and Russian foreign policy, mostly limited to its Baltic Sea surroundings. This changed when Vladimir Putin came...

The Russian war on Ukraine brought many surprises, one of which was the establishment of the International Legion for Defence of Ukraine. Thousands of international volunteers from numerous countries including Denmark flocked to join the legion - some veterans from their national armies, some...

Publicly funded pension systems are facing the challenge of remaining financially sustainable without lowering pensions. Raising the statutory retirement age gradually in line with the increase in life expectancy has been a key measure to solve the problem. The implicit assumption is that the...

An important monetary transmission channel works through the impact of interest rate changes on non-financial firms' investment decisions. Higher monetary policy rates affect firms' investment decisions by raising the costs of external financing and lowering aggregate demand for goods and...