The Labour Institute for Economic Research is an independent and non-profit research organisation founded in 1971. The Institute carries out economic research, monitors economic development and publishes macroeconomic forecasts. The aim is to contribute to the economic debate and to provide information for economic policy decision making in Finland. The main emphasis is on empirical research based on theoretical approaches. The main fields of research are:
- labour market issues: labour supply and demand, labour mobility, wage formation and wage differentials, unemployment and efficiency of the labour market,
- public economics: welfare, inequality and economic exclusion, effects of taxation and public spending on the household sector, evaluation of public institutions and organization of market structure in the production of public services,
- macroeconomic issues and economic policy: business cycles, monetary and fiscal policies, monetary integration, macroeconomics of employment and unemployment,
- economic monitoring and forecasting.