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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

A Contribution to Unemployment Dynamics

Karanassou, Marika; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1995

This paper views movements in unemployment as the result of the interaction between: (a) lags in labour market decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment dynamics are examined: (i) `unemployment persistence', arising when...

Persistent link: https://www.econbiz.de/10005791454

Restructuring Production and Work

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1995

The paper analyses the contemporary organizational restructuring of production and work and derives some salient implications for the labour market. The analysis focuses on the switch from occupational specialization at 'Tayloristic' organizations to multi-tasking at 'holistic' organizations....

Persistent link: https://www.econbiz.de/10005504765

Centralized Bargaining, Multi-Tasking, and Work Incentives

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

The paper examines the implications of an important aspect of the ongoing reorganization of work – the move from occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...

Persistent link: https://www.econbiz.de/10005662207

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 … efficiency" (AWE). Thereby we can identify policies that (a)improve employment and welfare, (b)do not raise earnings inequality …

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

Why Don't Women Patent?

Garant, Jean-Philippe; Herman, Hannah; Hunt, Jennifer; … - C.E.P.R. Discussion Papers - 2012

We investigate women's underrepresentation among holders of commercialized patents: only 5.5% of holders of such patents are female. Using the National Survey of College Graduates 2003, we find only 7% of the gap in patenting rates is accounted for by women's lower probability of holding any...

Persistent link: https://www.econbiz.de/10011083703

Which Immigrants Are Most Innovative and Entrepreneurial: Distinctions by Entry Visa

Hunt, Jennifer - C.E.P.R. Discussion Papers - 2010

education and field of study, but this is not the case for publishing, and immigrants are more likely to start companies than … natives with similar education. Immigrants without U.S. education and who arrived at older ages suffer a wage handicap, which … offsets savings to the United States from their having completed more education abroad. Immigrants who entered with legal …

Persistent link: https://www.econbiz.de/10008468510

Evaluating Unemployment Policies: What do the Underlying Theories Tell Us?

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

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy prescriptions rest on different macroeconomic theories, and our...

Persistent link: https://www.econbiz.de/10005136538

Worker Identity, Employment Fluctuations and Stabilization Policy

Lechthaler, Wolfgang; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2013

work fall and consequently their employment chances fall. In this way, temporary recessions may come to have permanent … effects on aggregate employment. We also show that these permanent effects, along with the underlying identity switches, can …

Persistent link: https://www.econbiz.de/10011084645

The Impact of Immigration on the Educational Attainment of Natives

Hunt, Jennifer - C.E.P.R. Discussion Papers - 2012

, lowering the return to native education and discouraging native high school completion. Conversely, native children might be …

Persistent link: https://www.econbiz.de/10011084213