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Finland: Selected Issues

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  • International Monetary Fund

Abstract

The Selected Issues paper on Finland underlies public finances and structural reform. The structural reforms encompassing labor and product markets as well the pension system would substantially improve the outlook for fiscal sustainability. Reductions in labor and product market inefficiencies is estimated, on the basis of a staff computable general equilibrium model, to raise output and employment significantly while reducing the price level. Additional pension reforms could further increase employment, boost economic growth, and improve public finances, as could improved expenditure efficiency, thereby creating room for further reductions in labor income taxation.

Suggested Citation

  • International Monetary Fund, 2005. "Finland: Selected Issues," IMF Staff Country Reports 2005/036, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/036
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    References listed on IDEAS

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    Cited by:

    1. Gösta Ljungman, 2008. "Expenditure Ceilings—A Survey," IMF Working Papers 2008/282, International Monetary Fund.
    2. Mr. Dennis P Botman & David Rose & Mr. Douglas Laxton & Mr. Philippe D Karam, 2007. "DSGE Modeling at the Fund: Applications and Further Developments," IMF Working Papers 2007/200, International Monetary Fund.

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