Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/223616
Authors: 
Kyyrä, Tomi
Pesola, Hanna
Year of Publication: 
2020
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2020 [Issue:] 421v2
Abstract: 
Finland's population is aging rapidly by international comparison. The shrinking working-age population means that the burden of increasing pension and health care expenditures is placed on a smaller group of employed workers, while the scope for economic growth through increased labor input diminishes. Fiscal sustainability of the welfare state calls for a high employment rate among people of working age. Recent increases in employment contribute favorably to public finances, but high overall unemployment and a large share of the long-term unemployed are serious concerns.
Subjects: 
real earnings
unemployment
Finland
JEL: 
E24
J3
Persistent Identifier of the first edition: 
Document Type: 
Article

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