- Labour market structure and dynamics
- Labour market institutions and pay schemes
- Skills and effectiveness of education policy
The research of the Labour Market and Education Economics program focuses on the structures and dynamics of the labour market. The continuation of the fundamental restructuring of the labour market in tandem with the prolonged economic downturn is reflected in the labour market’s institutions and pay schemes. It is reflected in the structure of labour, mobility and career development, and therefore in the development of the wage and income inequality. The effects and consequences of transition in the labour market are evaluated particularly from the perspective of skills and business life connections, with emphasis on flexible and adequate provision of education and training over a worker’s entire career. Policy analysis is focused on the evaluation of the effectiveness of education and labour market policies.
The research questions highlight the broad-based change in occupational structures and the functioning of the labour market, especially from the perspective of development needs of the educational and labour market institutions as well as pay schemes. The reduction of unemployment and risk of exclusion are also key topics of research.
All projects make extensive use of longitudinal data sets from the Confederation of Finnish Industries (EK) and Statistics Finland. In addition, the basic data is supplemented when necessary by information compiled in various types of special data sets as well as by examining individual companies. The research is based on the state-of-the-art models and methodology applied in these fields of study.