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Age, skills and labour market outcomes in Finland

Author

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  • Jon Pareliussen

    (OECD)

Abstract

Macro-simulations benchmarking employment in Finland to the Nordic average show that closing the large gaps in labour participation vis-à-vis the other Nordics across genders and age groups would boost employment significantly. Regressions on micro-data from the OECD Survey of Adult Skills (PIAAC) show how skills, education and other socio-economic background variables explain some of the observed differences in labour market outcomes across age and gender. Low employment in the oldest Finnish cohorts is partly a result of a large skills gap vis-à-vis younger generations. This Working Paper relates to the 2016 OECD Economic Survey of Finland (www.oecd.org/eco/surveys/economic-survey-finland.htm) Age, compétences et résultats sur le marché du travail en Finlande Les macro-simulations comparant l’emploi entre la Finlande et la moyenne scandinave montrent que réduire l’écart de taux de participation au marché du travail vis-à-vis des autres pays Nordiques pour chaque sexe et groupe d’âge stimulerait significativement l’emploi. Les régressions sur les micro-données de l’Évaluation des compétences des adultes de l’OCDE (PIAAC) montrent comment les compétences, l’éducation et d’autres facteurs sociaux-économiques expliquent en partie les différences observées sur les résultats du marché de l’emploi pour chaque sexe et catégorie d’âge. Le faible emploi des cohortes les plus âgées en Finlande est en partie dû au large écart de compétences vis-à-vis des plus jeunes générations. Ce Document de travail se rapporte à l’Étude économique de l’OCDE de la Finlande 2016 (www.oecd.org/fr/eco/etudes/etude-economique-finlande.htm)

Suggested Citation

  • Jon Pareliussen, 2016. "Age, skills and labour market outcomes in Finland," OECD Economics Department Working Papers 1321, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:1321-en
    DOI: 10.1787/5jlv23953gq1-en
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    Citations

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    Cited by:

    1. Kati Kuitto & Janne Salonen & Jan Helmdag, 2019. "Gender Inequalities in Early Career Trajectories and Parental Leaves: Evidence from a Nordic Welfare State," Social Sciences, MDPI, vol. 8(9), pages 1-16, September.

    More about this item

    Keywords

    adult skills; compétences des adultes; earnings; emploi; employment; Inadéquation; labour market; marchés du travail; mismatch; salaires;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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