The Effects of an Education-Leave Program on Educational Attainment and Labor-Market Outcomes

by Antti Kauhanen
February, 2018

I study the effect of an education leave subsidy for the employed on labor-market outcomes and educational attainment using Finnish administrative linked employer-employee panel data and matching methods. The adult education allowance is available to employees with at least eight years of work experience and allows them to take a leave for 2–18 months to … Continued

Wages and Family Time Allocation

by Alexandros Theloudis
February, 2018

This paper examines changes in married people’s allocation of time since 1980, a period in which female labor supply increased substantially, men’s share of household work rose, and the gender wage gap narrowed down. I develop a life-cycle collective household model for market and non-market work, consumption and asset accumulation, which also features lack of … Continued

A Cross-country and Cohort Analysis of Active Ageing Differences Among the Elderly in Europe

by Javier Olivera
February, 2018

This chapter studies the differences in active ageing across cohorts and countries in Europe. This is done with the replication of the Active Ageing Index for cohorts formed by age group, sex and country for 2012. The analysis is performed with different model regressions at the cohort level and introducing macro variables at the country … Continued

Parental income and application decisions in post-secondary education

by Marja-Lisa Laukkonen
February, 2018

In 2018, the higher education institutions should no longer use entrance examinations that require extensive preparation and, instead, evaluate prospective students by their general upper secondary school (i.e. high school) matriculation examination grades. While the aim of the reform is to speed up the transition of students from secondary to post-secondary education, there are concerns … Continued

Commentary: The housing market and the macroeconomy

by Jagjit S. Chadha
February, 2018

It might only be just a little too strong to argue that the housing market dominates our national life. Whilst economists, if they consider housing at all, would think of the consumption of housing services as another aspect of the basket of goods and services bought, like clothing or food, most people would place the … Continued

From the Vikings to the EU. The role of the Baltic and the Black Sea cities in European integration

by Adam Balcer
January, 2018

For centuries, contacts between the Black and the Baltic seas were intensive and resulted in fascinating outcomes. This relatonship had an important contributon to the history of the whole Europe. Rediscovery of this rich heritage requires a stronger emphasis on the North-South axis in the European history and culture. Today, this legacy can serve as … Continued