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Centralized bargaining and reorganized work : are they compatible?

Lindbeck, Assar; Snower, Dennis J. - 1999

Persistent link: https://www.econbiz.de/10001407409

Comparing the effectiveness of employment subsidies

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2007

Persistent link: https://www.econbiz.de/10010332752

Causes of changing earnings inequality

Snower, Dennis J. - 1999

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....

Persistent link: https://www.econbiz.de/10001362999

Monetary persistence, imperfect competition and staggering complementarities

Merkl, Christian; Snower, Dennis J. - 2006

Persistent link: https://www.econbiz.de/10010332695

Can insider power affect employment?

Díaz-Vázquez, Pilar; Snower, Dennis J. - 2002

Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … employees (entrants) receive their reservation wages. The reason given is that an increase in insider wages gives rise to a … countervailing fall in reservation wages, leaving the present value of wage costs unchanged. Our analysis contradicts this …

Persistent link: https://www.econbiz.de/10010332696

Labour market institutions and macroeconomic shocks

Chen, Yu-Fu; Snower, Dennis J.; Gylfi, Zoega - 2002

Macroeconomic shocks and labour-market institutions jointly determine employment growth and economic performance. The effect of shocks depends on the nature of these institutions, and the effect of institutional change depends on the macroeconomic environment. It follows that a given set of...

Persistent link: https://www.econbiz.de/10010332726

The firm as a pool of factor complementarities

Lindbeck, Assar; Snower, Dennis J. - 2004

This Paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm’s boundaries. The factor complementarities may take a variety of forms: technological and informational complementarities, as well as economies of...

Persistent link: https://www.econbiz.de/10010332732

Unemployment accounts and employment incentives

Brown, Alessio J. G.; Orszag, Jonathan Michael; Snower, … - 2006

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...

Persistent link: https://www.econbiz.de/10010332737

On-the-job training, firing costs and employment

Díaz-Vázquez, Pilar; Snower, Dennis J. - 2004

Persistent link: https://www.econbiz.de/10010332741

Hyperbolic discounting and positive optimal inflation

Graham, Liam; Snower, Dennis J. - 2011

The Friedman rule states that steady-state welfare is maximized when there is deflation at the real rate of interest. Recent work by Khan et al. (2003) uses a richer model but still finds deflation optimal. In an otherwise standard new Keynesian model we show that, if households have hyperbolic...

Persistent link: https://www.econbiz.de/10010332776