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Offshoring high-skilled jobs: EU multinationals and domestic employment of inventors

Abramovsky, Laura; Griffith, Rachel; Miller, Helen - C.E.P.R. Discussion Papers - 2012

-skilled employment in headquarter countries. We estimate of the impact offshoring inventors has on firms' use of inventors at home using …

Persistent link: https://www.econbiz.de/10011084698

Can Insider Power Affect Employment?

Diaz-Vazquez, Pilar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2002

Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired … firing in recessions, while leaving hiring in booms unchanged. Thereby insider power reduces average employment. …

Persistent link: https://www.econbiz.de/10005123530

Unemployment Accounts and Employment Incentives

Brown, Alessio J G; Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2006

people's employment incentives and could achieve reductions in unemployment without reducing the level of support to the …

Persistent link: https://www.econbiz.de/10005123628

Unemployment in the EU: Institutions, Prices and Growth

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2004

This Paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labour market adjustment processes, (b) the interplay between these adjustment processes and the...

Persistent link: https://www.econbiz.de/10005124001

The Low-Skill, Bad-Job Trap

Snower, Dennis J. - C.E.P.R. Discussion Papers - 1994

The paper explains how a country can fall into a 'low-skill, bad-job trap', in which workers acquire insufficient training and firms provide insufficient skilled vacancies. In particular, the paper argues that in countries where a large proportion of the workforce is unskilled, firms have little...

Persistent link: https://www.econbiz.de/10005124126

Employment, Macroeconomic Fluctuations and Job Security

Díaz-Vázquez, María del Pilar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1996

The paper explores the influence of job security provisions on employment and unemployment. We show that this influence …’ bargaining power in wage negotiations. Specifically, costs of firing and hiring reduce employment and stimulate unemployment when …

Persistent link: https://www.econbiz.de/10005124142

Is the Natural Rate a Reference Point?

Karanassou, Marika; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1996

This paper explores the two common concepts of the natural rate of unemployment: (i) the stable, long-run equilibrium rate of unemployment; and (ii) the equilibrium unemployment rate at which there is no tendency for this rate to change, given the exogenous variables. The first concept (common...

Persistent link: https://www.econbiz.de/10005136587

An Incentive Theory of Matching

Brown, Alessio J G; Merkl, Christian; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2009

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...

Persistent link: https://www.econbiz.de/10005000439

How are Product Demand Changes Transmitted to the Labour Market?

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1993

product demand can affect employment under these conditions. The analysis suggests that the longer-term effectiveness of …

Persistent link: https://www.econbiz.de/10005504209

How Labour Market Flexibility Affects Unemployment: Long-Term Implications of the Chain Reaction Theory

Karanassou, Marika; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1998

This paper evaluates two theories of unemployment: the natural rate theory (whereby unemployment is depicted as fluctuating around a reasonably stable natural rate) and the chain reaction theory (which views movements in unemployment as the outcome of the interplay between labour market shocks...

Persistent link: https://www.econbiz.de/10005504680