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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

Technology and Changes in Skill Structure: Evidence from an International Panel of Industries

Machin, Steve; Van Reenen, John - C.E.P.R. Discussion Papers - 1996

, the United Kingdom and the United States. The analysis of changes in wage bill shares and employment shares of more …

Persistent link: https://www.econbiz.de/10005124191

'Actual' versus 'Virtual' Employment in Europe: Is Spain Different?

Marimon, Ramon; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 1996

We study the evolution of sectoral employment and labour cost in 11 European countries over the last two decades. Our … countries and industries in employment growth, whereas country-specific effects are more important in the analysis of labour … employment. We pay special attention to Spain, a country that has experienced a high persistent unemployment rate, and show that …

Persistent link: https://www.econbiz.de/10005124383

Is the German Apprenticeship System a Panacea for the US Labour Market?

Harhoff, Dietmar; Kane, Thomas J - C.E.P.R. Discussion Papers - 1996

Advocates of apprenticeship programmes often argue as if it is simply a matter of historical accident that such investment by US firms has been hindered. This paper explores the structure of incentives underpinning the German system of apprenticeship training. First, we describe three...

Persistent link: https://www.econbiz.de/10005124483

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

Equilibrium Unemployment Insurance

Hassler, John; Mora, Rodríguez; Vicente, José; … - C.E.P.R. Discussion Papers - 1999

employment turnover and high insurance can co-exist with an American-type steady-state with low unemployment, high employment …

Persistent link: https://www.econbiz.de/10005067497