Details about Pekka Ilmakunnas

Homepage:	http://www.hse-econ.fi/ilmakunnas/
Phone:	+358-40-5815390
Workplace:	Taloustieteen Laitos (Department of Economics), Kauppakorkeakoulu (School of Business), Aalto-yliopisto (Aalto University), (more information at EDIRC)

Access statistics for papers by Pekka Ilmakunnas.

Last updated 2025-04-06. Update your information in the RePEc Author Service.

Short-id: pil7

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Working Papers

2025

1. Employee age structure and firm innovation
   MPRA Paper, University Library of Munich, Germany

2024

2. Does High Involvement Management Make You Work Longer? Insights from Linked Survey and Register Data
   IZA Discussion Papers, Institute of Labor Economics (IZA)
   Also in DoQSS Working Papers, Quantitative Social Science - UCL Social Research Institute, University College London (2024) View citations (1)
   See also Journal Article Does high involvement management make you work longer? Insights from linked survey and register data, The Journal of the Economics of Ageing, Elsevier (2025) (2025)

2020

3. Työhyvinvointi kannattaa. Työolot, työtyytyväisyys ja tuottavuus
   (Working conditions, job satisfaction and productivity)
   MPRA Paper, University Library of Munich, Germany

2018

4. Health and retirement age: Comparison of expectations and actual retirement
   MPRA Paper, University Library of Munich, Germany View citations (11)

2017

5. Do Good Working Conditions Make You Work Longer? Evidence on Retirement Decisions Using Linked Survey and Register Data
   IZA Discussion Papers, Institute of Labor Economics (IZA)
   Also in Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE (2017)

2015

6. Using twins to resolve the twin problem of having a bad job and a low wage
   Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE
   Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2014)
   See also Journal Article Using Twins to Resolve the Twin Problem of Having a Bad Job and a Low Wage, Manchester School, University of Manchester (2018) View citations (3) (2018)

2013

7. Heritability of Lifetime Income
   MPRA Paper, University Library of Munich, Germany View citations (2)

2012

8. Age segregation and hiring of older employees: low mobility revisited
   Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE
   Also in MPRA Paper, University Library of Munich, Germany (2012)
   See also Journal Article Age segregation and hiring of older employees: low mobility revisited, International Journal of Manpower, Emerald Group Publishing Limited (2014) (2014)
9. Does High Involvement Management Improve Worker Wellbeing?
   Working Papers, Tampere University, Faculty of Management and Business, Economics View citations (69)
   Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2011)
   CEP Discussion Papers, Centre for Economic Performance, LSE (2011) View citations (1)
   MPRA Paper, University Library of Munich, Germany (2011) View citations (1)
   See also Journal Article Does high involvement management improve worker wellbeing?, Journal of Economic Behavior & Organization, Elsevier (2012) View citations (72) (2012)
10. Does High Involvement Management Lead to Higher Pay?
    Working Papers, Tampere University, Faculty of Management and Business, Economics View citations (26)
    Also in CEP Discussion Papers, Centre for Economic Performance, LSE (2011)
    MPRA Paper, University Library of Munich, Germany (2011)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2011)
    See also Journal Article Does high involvement management lead to higher pay?, Journal of the Royal Statistical Society Series A, Royal Statistical Society (2013) View citations (17) (2013)
11. Wellbeing in the workplace: the impact of modern management
    CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE View citations (2)

2011

12. Hiring older employees: Do incentives of early retirement channels matter?
    Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE View citations (4)
    Also in MPRA Paper, University Library of Munich, Germany (2011) View citations (4)
13. The return-to-entrepreneurship puzzle
    MPRA Paper, University Library of Munich, Germany View citations (7)
    See also Journal Article The return-to-entrepreneurship puzzle, Labour Economics, Elsevier (2013) View citations (49) (2013)

2010

14. Job security and employee well-being: Evidence from matched survey and register data
    MPRA Paper, University Library of Munich, Germany View citations (6)
    Also in Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE (2010)
    See also Journal Article Job security and employee well-being: Evidence from matched survey and register data, Labour Economics, Elsevier (2011) View citations (73) (2011)
15. The job satisfaction-productivity nexus: A study using matched survey and register data
    MPRA Paper, University Library of Munich, Germany View citations (32)
    See also Journal Article The Job Satisfaction-Productivity Nexus: A Study Using Matched Survey and Register Data, ILR Review, Cornell University, ILR School (2012) View citations (130) (2012)

2009

16. Creative destruction and employee well-being
    MPRA Paper, University Library of Munich, Germany
17. What decreases the TFP ? The aging labor and ICT imbalance
    Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics

2008

18. Työolot ja tuottavuus - työpaikkavirtojen nosteessa vai puristuksessa?
    Discussion Papers, The Research Institute of the Finnish Economy View citations (1)
19. Who stay unwillingly in a job?
    MPRA Paper, University Library of Munich, Germany
20. Who stay unwillingly in a job? A study based on a representative random sample of employees
    Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE
    See also Journal Article Who stays unwillingly in a job? A study based on a representative random sample of employees, Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden (2013) (2013)

2007

21. Aging, Labor Turnover and Firm Performance
    Discussion Papers, The Research Institute of the Finnish Economy View citations (25)
22. Dynamics of export market entry and exit
    MPRA Paper, University Library of Munich, Germany View citations (12)
    See also Journal Article Dynamics of Export Market Entry and Exit*, Scandinavian Journal of Economics, Wiley Blackwell (2010) View citations (44) (2010)
23. Job disamenities, job satisfaction, quit intentions, and actual separations: putting the pieces together
    MPRA Paper, University Library of Munich, Germany View citations (28)
24. Unemployment and self-assessed health: Evidence from panel data
    Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE View citations (3)
    Also in MPRA Paper, University Library of Munich, Germany (2007) View citations (11)
    See also Journal Article Unemployment and self‐assessed health: evidence from panel data, Health Economics, John Wiley & Sons, Ltd. (2009) View citations (189) (2009)

2006

25. Gradual retirement and lengthening of working life
    MPRA Paper, University Library of Munich, Germany View citations (7)
26. Interaction of Job Disamenities, Job Satisfaction, and Sickness Absences: Evidence From a Representative Sample of Finnish Workers
    Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE View citations (2)
    Also in MPRA Paper, University Library of Munich, Germany (2006) View citations (3)
27. Lower bounds of concentration in a small open economy
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article Lower Bounds of Concentration in a Small Open Economy, Review of Industrial Organization, Springer (2008) (2008)

2005

28. Decomposing productivity and wage effects of intra-establishment labor restructuring
    Discussion Papers, The Research Institute of the Finnish Economy View citations (8)
    Also in Labor and Demography, University Library of Munich, Germany (2005) View citations (6)
29. Do Job Disamenities Raise Wages or Ruin Job Satisfaction?
    Labor and Demography, University Library of Munich, Germany View citations (20)
    See also Journal Article Do job disamenities raise wages or ruin job satisfaction?, International Journal of Manpower, Emerald Group Publishing Limited (2006) View citations (3) (2006)
30. Elusive Effects of Unemployment on Happiness
    Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE View citations (4)
    Also in Labor and Demography, University Library of Munich, Germany (2005) View citations (5)
    See also Journal Article Elusive Effects of Unemployment on Happiness, Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer (2006) View citations (15) (2006)
31. Geneses of labour market turnover: Job search and entrepreneurial aspirations on-the-job
    Labor and Demography, University Library of Munich, Germany View citations (4)
32. Job disamenities, job satisfaction, and on-the-job search: is there a nexus?
    Labor and Demography, University Library of Munich, Germany View citations (5)
    Also in Working Papers, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE (2004)

2004

33. Entrepreneurial Aspirations
    Discussion Papers, The Research Institute of the Finnish Economy View citations (7)

2003

34. Does Worker Turnover Improve Productivity Growth?
    Working Papers, Tampere University, Faculty of Management and Business, Economics
35. Technology, Labor Characteristic and Wage-productivity Gaps
    Discussion Papers, The Research Institute of the Finnish Economy View citations (2)
    See also Journal Article Technology, Labour Characteristics and Wage‐productivity Gaps, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2005) View citations (69) (2005)
36. Worker Inflow, Outflow, and Churning
    Discussion Papers, The Research Institute of the Finnish Economy View citations (7)
    See also Journal Article Worker inflow, outflow, and churning, Applied Economics, Taylor & Francis Journals (2005) View citations (8) (2005)
37. Working Inflow, Outflow, and Churning
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (4)

2001

38. Linked Employer-Employee Data on Finnish Plants for the Analysis of Productivity, Wages and Turnover
    Working Papers, Tampere University, Faculty of Management and Business, Economics View citations (9)
39. The Turnover of Jobs and Workers in a Deep Recession: Evidence from the Finnish Business Sector
    Discussion Papers, The Research Institute of the Finnish Economy View citations (24)
    See also Journal Article The turnover of jobs and workers in a deep recession: evidence from the Finnish business sector, International Journal of Manpower, Emerald Group Publishing Limited (2003) View citations (1) (2003)

2000

40. Entrepreneurship, Economic Risks, and Risk Insurance in the Welfare State: Results with OECD Data 1978-93
    CESifo Working Paper Series, CESifo View citations (2)
    See also Journal Article Entrepreneurship, Economic Risks, and Risk Insurance in the Welfare State: Results with OECD Data 1978±93, German Economic Review, De Gruyter (2001) View citations (15) (2001)
41. The Roles of Employer and Employee Characteristics for Plant Productivity
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (31)
    See also Journal Article The Roles of Employer and Employee Characteristics for Plant Productivity, Journal of Productivity Analysis, Springer (2004) View citations (72) (2004)

1999

42. Entrepreneurship, Economic Risks, and Risk-Insurance in the Welfare State
    University of Helsinki, Department of Economics, Department of Economics View citations (19)
    Also in EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (8)

1996

43. Microeconomic and macroeconomic influences of entry and exit of firms
    Bank of Finland Research Discussion Papers, Bank of Finland
    See also Journal Article Microeconomic and Macroeconomic Influences on Entry and Exit of Firms, Review of Industrial Organization, Springer (1999) View citations (79) (1999)

1991

44. Working Time, Productivity and Labor Demand in Finnish Manufacturing
    Discussion Papers, The Research Institute of the Finnish Economy

1990

45. Do Macroeconomic Forecasts Influence Firms' Expectations?
    Discussion Papers, The Research Institute of the Finnish Economy
46. Forecast Pretesting and Correction
    Discussion Papers, The Research Institute of the Finnish Economy View citations (1)
    See also Journal Article Forecast Pretesting and Correction, Journal of Business & Economic Statistics, American Statistical Association (1990) View citations (1) (1990)

1989

47. A Note on Forecast Evaluation and Correction
    Discussion Papers, The Research Institute of the Finnish Economy
48. Linking Firm Data to Macroeconomic Data: Some Theoretical and Econometric Considerations
    Discussion Papers, The Research Institute of the Finnish Economy
49. Structural Change of Factor Substitution in Finnish Manufacturing
    Discussion Papers, The Research Institute of the Finnish Economy View citations (9)
50. Tests of the Efficiency of Some Finnish Macro-economic Forecasts: An Analysis of Forecast Revisions
    Discussion Papers, The Research Institute of the Finnish Economy
    See also Journal Article Tests of the efficiency of some Finnish macroeconomic forecasts: An analysis of forecast revisions, Finnish Economic Papers, Finnish Economic Association (1989) (1989)

Journal Articles

2025

1. Does high involvement management make you work longer? Insights from linked survey and register data
   The Journal of the Economics of Ageing, 2025, 30, (C)
   See also Working Paper Does High Involvement Management Make You Work Longer? Insights from Linked Survey and Register Data, IZA Discussion Papers (2024) (2024)
2. Workforce dissimilarity and job changes
   International Journal of Manpower, 2025, 46, (10), 21-41

2020

3. Do good working conditions make you work longer? Analyzing retirement decisions using linked survey and register data
   The Journal of the Economics of Ageing, 2020, 17, (C) View citations (9)

2019

4. Heritability of lifetime earnings
   The Journal of Economic Inequality, 2019, 17, (3), 319-335 View citations (13)

2018

5. Using Twins to Resolve the Twin Problem of Having a Bad Job and a Low Wage
   Manchester School, 2018, 86, (2), 155-177 View citations (3)
   See also Working Paper Using twins to resolve the twin problem of having a bad job and a low wage, Working Papers (2015) (2015)

2016

6. How does the age structure of worker flows affect firm performance?
   Journal of Productivity Analysis, 2016, 46, (1), 43-62 View citations (9)
7. Olley–Pakes productivity decomposition: computation and inference
   Journal of the Royal Statistical Society Series A, 2016, 179, (3), 749-761 View citations (5)

2015

8. Hiring Older Employees: Do the Age Limits of Early Retirement and the Contribution Rates of Firms Matter?
   Scandinavian Journal of Economics, 2015, 117, (1), 164-194 View citations (10)

2014

9. Age segregation and hiring of older employees: low mobility revisited
   International Journal of Manpower, 2014, 35, (8), 1090-1115
   See also Working Paper Age segregation and hiring of older employees: low mobility revisited, Working Papers (2012) (2012)
10. Intangible investment in people and productivity
    Journal of Productivity Analysis, 2014, 41, (3), 443-456 View citations (13)

2013

11. Does high involvement management lead to higher pay?
    Journal of the Royal Statistical Society Series A, 2013, 176, (4), 861-885 View citations (17)
    See also Working Paper Does High Involvement Management Lead to Higher Pay?, Working Papers (2012) View citations (26) (2012)
12. The return-to-entrepreneurship puzzle
    Labour Economics, 2013, 20, (C), 57-67 View citations (49)
    See also Working Paper The return-to-entrepreneurship puzzle, MPRA Paper (2011) View citations (7) (2011)
13. What are the drivers of TFP in the Aging Economy? Aging labor and ICT capital
    Journal of Comparative Economics, 2013, 41, (1), 201-211 View citations (16)
14. Who stays unwillingly in a job? A study based on a representative random sample of employees
    Economic and Industrial Democracy, 2013, 34, (1), 25-43
    See also Working Paper Who stay unwillingly in a job? A study based on a representative random sample of employees, Working Papers (2008) (2008)

2012

15. Does high involvement management improve worker wellbeing?
    Journal of Economic Behavior & Organization, 2012, 84, (2), 660-680 View citations (72)
    See also Working Paper Does High Involvement Management Improve Worker Wellbeing?, Working Papers (2012) View citations (69) (2012)
16. The Job Satisfaction-Productivity Nexus: A Study Using Matched Survey and Register Data
    ILR Review, 2012, 65, (2), 244-262 View citations (130)
    See also Working Paper The job satisfaction-productivity nexus: A study using matched survey and register data, MPRA Paper (2010) View citations (32) (2010)

2011

17. Diversity at the Workplace: Whom Does it Benefit?
    De Economist, 2011, 159, (2), 223-255 View citations (51)
18. Job security and employee well-being: Evidence from matched survey and register data
    Labour Economics, 2011, 18, (4), 547-554 View citations (73)
    See also Working Paper Job security and employee well-being: Evidence from matched survey and register data, MPRA Paper (2010) View citations (6) (2010)

2010

19. Dynamics of Export Market Entry and Exit*
    Scandinavian Journal of Economics, 2010, 112, (1), 101-126 View citations (44)
    See also Working Paper Dynamics of export market entry and exit, MPRA Paper (2007) View citations (12) (2007)

2009

20. Unemployment and self‐assessed health: evidence from panel data
    Health Economics, 2009, 18, (2), 161-179 View citations (189)
    See also Working Paper Unemployment and self-assessed health: Evidence from panel data, Working Papers (2007) View citations (3) (2007)
21. Work force ageing and expanding service sector: a double burden on productivity?
    The Service Industries Journal, 2009, 30, (12), 2093-2110

2008

22. Interaction of working conditions, job satisfaction, and sickness absences: Evidence from a representative sample of employees
    Social Science & Medicine, 2008, 67, (4), 520-528 View citations (44)
23. Lower Bounds of Concentration in a Small Open Economy
    Review of Industrial Organization, 2008, 32, (1), 19-33
    See also Working Paper Lower bounds of concentration in a small open economy, MPRA Paper (2006) (2006)

2007

24. Entrepreneurial Aspirations: Another Form of Job Search?
    Small Business Economics, 2007, 29, (1), 63-80 View citations (31)
25. What distinguishes a serial entrepreneur?
    Industrial and Corporate Change, 2007, 16, (5), 793-821 View citations (50)

2006

26. Do job disamenities raise wages or ruin job satisfaction?
    International Journal of Manpower, 2006, 27, (3), 290-302 View citations (3)
    See also Working Paper Do Job Disamenities Raise Wages or Ruin Job Satisfaction?, Labor and Demography (2005) View citations (20) (2005)
27. Elusive Effects of Unemployment on Happiness
    Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2006, 79, (1), 159-169 View citations (15)
    See also Working Paper Elusive Effects of Unemployment on Happiness, Working Papers (2005) View citations (4) (2005)

2005

28. Technology, Labour Characteristics and Wage‐productivity Gaps
    Oxford Bulletin of Economics and Statistics, 2005, 67, (5), 623-645 View citations (69)
    See also Working Paper Technology, Labor Characteristic and Wage-productivity Gaps, Discussion Papers (2003) View citations (2) (2003)
29. Worker inflow, outflow, and churning
    Applied Economics, 2005, 37, (10), 1115-1133 View citations (8)
    See also Working Paper Worker Inflow, Outflow, and Churning, Discussion Papers (2003) View citations (7) (2003)
30. Worker turnover and productivity growth
    Applied Economics Letters, 2005, 12, (7), 395-398 View citations (10)

2004

31. Hiring from unemployment and separation to unemployment
    Applied Economics Letters, 2004, 11, (2), 91-95 View citations (8)
32. The Roles of Employer and Employee Characteristics for Plant Productivity
    Journal of Productivity Analysis, 2004, 21, (3), 249-276 View citations (72)
    See also Working Paper The Roles of Employer and Employee Characteristics for Plant Productivity, Econometric Society World Congress 2000 Contributed Papers (2000) View citations (31) (2000)

2003

33. Regional Labour Market Matching Functions and Efficiency Analysis
    LABOUR, 2003, 17, (3), 413-437 View citations (29)
34. The turnover of jobs and workers in a deep recession: evidence from the Finnish business sector
    International Journal of Manpower, 2003, 24, (3), 216-246 View citations (1)
    See also Working Paper The Turnover of Jobs and Workers in a Deep Recession: Evidence from the Finnish Business Sector, Discussion Papers (2001) View citations (24) (2001)

2002

35. Labour characteristics and wage-productivity gaps
    New Zealand Economic Papers, 2002, 36, (1), 73-74 View citations (7)
36. Strategic behavior in a service industry
    Managerial and Decision Economics, 2002, 23, (2), 69-82

2001

37. Entrepreneurship, Economic Risks, and Risk Insurance in the Welfare State: Results with OECD Data 1978±93
    German Economic Review, 2001, 2, (3), 195-218 View citations (15)
    Also in German Economic Review, 2001, 2, (3), 195-218 (2001) View citations (15)
    See also Working Paper Entrepreneurship, Economic Risks, and Risk Insurance in the Welfare State: Results with OECD Data 1978-93, CESifo Working Paper Series (2000) View citations (2) (2000)

1999

38. Microeconomic and Macroeconomic Influences on Entry and Exit of Firms
    Review of Industrial Organization, 1999, 15, (3), 283-301 View citations (79)
    See also Working Paper Microeconomic and macroeconomic influences of entry and exit of firms, Bank of Finland Research Discussion Papers (1996) (1996)

1996

39. Use of macroeconomic forecasts in corporate forecasting: a note on aggregation problems
    International Journal of Forecasting, 1996, 12, (3), 383-388 View citations (1)

1994

40. Energy Crises and Change of Technology
    Journal of Applied Econometrics, 1994, 9, (3), 305-20 View citations (4)
41. Returns to Workers and Hours in Finnish Manufacturing
    Empirical Economics, 1994, 19, (4), 533-53 View citations (8)

1990

42. Forecast Pretesting and Correction
    Journal of Business & Economic Statistics, 1990, 8, (4), 475-80 View citations (1)
    See also Working Paper Forecast Pretesting and Correction, Discussion Papers (1990) View citations (1) (1990)
43. Testing the Order of Differencing in Quarterly Data: An Illustration of the Testing Sequence
    Oxford Bulletin of Economics and Statistics, 1990, 52, (1), 79-88 View citations (4)

1989

44. Survey Expectations vs. Rational Expectations in the Estimation of a Dynamic Model: Demand for Labour in Finnish Manufacturing
    Oxford Bulletin of Economics and Statistics, 1989, 51, (3), 297-314 View citations (4)
45. Tests of the efficiency of some Finnish macroeconomic forecasts: An analysis of forecast revisions
    Finnish Economic Papers, 1989, 2, (2), 137-146
    See also Working Paper Tests of the Efficiency of Some Finnish Macro-economic Forecasts: An Analysis of Forecast Revisions, Discussion Papers (1989) (1989)

1987

46. On the profitability of using forecasts
    Economics Letters, 1987, 25, (4), 345-349

1986

47. Gradual switching multivariate regression models with stochastic cross-equational constraints and an application to the Klem translog production model
    Journal of Econometrics, 1986, 31, (3), 235-253 View citations (9)
48. Stochastic Constraints on Cost Function Parameters: Mixed and Hierarchical Approaches
    Empirical Economics, 1986, 11, (2), 69-80 View citations (1)

1985

49. Bayesian Estimation of Cost Functions with Stochastic or Exact Constraints on Parameters
    International Economic Review, 1985, 26, (1), 111-34
50. Testing the Lucas Hypothesis on Output-Inflation Trade-offs
    Journal of Business & Economic Statistics, 1985, 3, (1), 43-53 View citations (5)

1983

51. Adaptive expectations and the variance hypothesis
    Economics Letters, 1983, 13, (2-3), 161-166

Chapters

2005

1. Comment on Torben M. Andersen's Paper
   Springer