2020

Vol. 29, No. 2 Kari Heimonen: Editorial Karlo Kauko, Eero Tölö: On the long-run calibration of the credit-to-GDP gap as a banking crisis predictor The credit-to-GDP gap is a widely used early warning indicator of banking crises. It has become

Vol. 29, No. 1 Jari Vainiomäki: The development of wage dispersion and wage rigidity in Finland Abstract This paper examines the development of wage dispersion and wage rigidity in Finland. We find that while labour market institutions remained stable they