IDEAS home Printed from https://ideas.repec.org/a/bla/labour/v12y1998i3p571-593.html
   My bibliography  Save this article

Unemployment Flows in Finland, 1969–95: A Time Series Analysis

Author

Listed:
  • Tor Eriksson
  • Jaakko Pehkonen

Abstract

We adopt a flow approach to analyse Finnish unemployment experience during the last three decades. In addition to data on short‐term and total outflow and inflow rates from a relatively long period beginning in 1969, we also have data on duration‐specific outflow rates for the period 1984 I–96 II which encompasses the spectacular increase in unemployment in the early nineties. The empirical study shows that both the inflow and the outflow is mainly driven by variation in job opportunities. For a given vacancy‐unemployment ratio, the outflow rate has fallen because of changes in unemployment compensation, demographic structure and emigration. The outflow has been only marginally affected by long‐term unemployment. The results indicate that the beneficial effects of labour market policies on long‐term unemployment are to some extent counteracted by substitution effects.

Suggested Citation

  • Tor Eriksson & Jaakko Pehkonen, 1998. "Unemployment Flows in Finland, 1969–95: A Time Series Analysis," LABOUR, CEIS, vol. 12(3), pages 571-593, September.
    • Handle: RePEc:bla:labour:v:12:y:1998:i:3:p:571-593
    DOI: 10.1111/1467-9914.00080
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/1467-9914.00080
    Download Restriction: no
    File URL: https://libkey.io/10.1111/1467-9914.00080?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xiang, Junyi & Liu, Chenhao & Li, Yiming, 2021. "The impact of household real estate and self-employment: Evidence from China," Economic Modelling, Elsevier, vol. 94(C), pages 873-884.
    2. Jaakko Pehkonen, 1997. "Displacement Effects of Active Labour Market Policy: The Youth Labour Market in Finland," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 24(3), pages 195-208, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:labour:v:12:y:1998:i:3:p:571-593. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/csrotit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.