Helsinki GSE Discussion Papers

The Helsinki GSE Discussion Paper series is available on EconStor. EconStor is an open access server that provides a platform for the free distribution of academic literature in economics.

Helsinki GSE Discussion Papers

  • Furloughs, Employment, and Worker Reallocation in Normal Times

    Niku Määttänen, Eero Mäkynen, Oskari Vähämaa

    Are furlough schemes useful under normal business cycle conditions? We address this question using administrative data from Finland, where such a scheme has long existed, and a model of firm dynamics …

    Discussion paper

  • Furlough unemployment

    Heikki Korpela

    I examine the long-established scheme of furloughs in Finland, using detailed data on unemployment spells from 1999 to 2021. Furloughs allow employers in financial difficulty to suspend wages and …

    Discussion paper