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Finland offers a subsidy to employers for hiring individuals with low employment prospects. In 2015, changes to the subsidy’s funding caused some regions to unexpectedly suspend new subsidy grants. I …
Discussion paper
This paper studies the effects of overreaction to recent news for macroeconomic outcomes in the context of a quantitative model of sovereign debt and default. Overreaction is formalized in terms of …
Discussion paper
Due to stringent regulation on the Swedish primary rental market, many individuals turn to long-term sublets to satisfy their housing demand. A lack of accessible data has made study of this market …
Discussion paper