Similar Search Results

Boss, Alfred; Brown, Alessio J. G.; Snower, Dennis J. - 2007 - December 2007 (this revised version)

Wir präsentieren einen Vorschlag für die Neuausrichtung der Arbeitslosenunterstützung in Deutschland: die Einführung … Beschäftigte laufend auf Ihre Beschäftigungskonten ein, von denen sie während der Arbeitslosigkeit Beträge abheben können. Werden …. Wir stellen detailliert dar, wie ein solches System von Beschäftigungskonten in Deutschland ausgestaltet und implementiert …

Persistent link: https://www.econbiz.de/10011451872

Comparing the effectiveness of employment subsidies

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2010 - October 2010 (this final and revised version)

This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We consider measures involving targeting workers with...

Persistent link: https://www.econbiz.de/10011451838

On the interplay between Keynesian and supply side economics

Karanassou, Marika; Snower, Dennis J. - 2007

Conventional wisdom suggests that nominal, demand-side shocks have only temporary effects on real macroeconomic magnitudes and that the duration of their effects depends on the degree of nominal inertia. It is also argued that, in the absence of unit roots, temporary supply-side shocks also have...

Persistent link: https://www.econbiz.de/10010293971

An incentive theory of matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 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/10003827234

Incentives and complementarities of flexicurity

Brown, Alessio J. G.; Snower, Dennis J. - 2009

This paper analyses how and to which degree the Danish flexicurity concept and its various elements achieve the renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a microfounded model of searching workers and firms, calibrate...

Persistent link: https://www.econbiz.de/10003850634

East German unemployment : the myth of the irrelevant labor market

Merkl, Christian (contributor); … - 2008

This paper indicates that East Germany's unemployment originates primarily in the labor market, caused by the fast wage adjustment after German reunification. We model the resulting labor market traps in a search and matching framework, show that they are difficult to overcome, and provide...

Persistent link: https://www.econbiz.de/10003732134

Escaping the unemployment trap : the case of East Germany

Merkl, Christian (contributor); … - 2008 - Rev. version

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment regions). We suggest that the...

Persistent link: https://www.econbiz.de/10003775079

Unemployment accounts and employment incentives

Brown, Alessio J. G. (contributor); … - 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/10003313858

Comparing the Effectiveness of Employment Subsidies

Brown, Alessio J G; Merkl, Christian; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2007

This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures involving targeting workers with low incomes/abilities and targeting the unemployed under the criteria of "approximate welfare efficiency" (AWE). Thereby we can identify policies...

Persistent link: https://www.econbiz.de/10005666681

Patterns of Unemployment: An Insider-Outsider Analysis

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

The paper presents a stochastic insider-outsider model that accounts for the following stylized facts: (1) unemployment rates display a high degree of serial correlation, or `persistence'; (2) the average rate of unemployment has been higher in the United States than in Europe over the 1950s and...

Persistent link: https://www.econbiz.de/10005789127