Finland: Selected Issues

International Monetary Fund

No 1997/060, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper reviews some features of the labor market in Finland during the 1990s. In particular, it reviews patterns of employment and wage distribution across sectors. The paper describes the main regulatory features and formal structure of labor market arrangements: the wage negotiation process, employment legislation, income replacement regulations for the unemployed, and the recent changes in these areas introduced by the government. The paper also describes the structure of labor taxation, and reviews the theory and existing empirical evidence concerning the effects of taxation on labor market outcomes.

Keywords: ISCR; CR; wage; nominal exchange rate; wage negotiation process; EU country; negotiation; capital income; terms of trade shock; wage agreement; negotiation process; EMU monetary policy; Wages; Labor taxes; Employment; Income; Corporate income tax; Europe; Western Europe (search for similar items in EconPapers)
Pages: 93
Date: 1997-09-23
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