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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

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

Intergenerational Education Transmission: Neighbourhood Quality and/or Parents' Involvement

Patacchini, Eleonora; Zenou, Yves - C.E.P.R. Discussion Papers - 2004

the quality of the neighborhood in terms of human capital, the higher the parent’s involvement in children’s education …, indicating cultural complementarity. For highly educated parents, we also find that both parents’ involvement in education and … neighborhood’s quality significantly affect the intergenerational transmission of education, the former being more potent than the …

Persistent link: https://www.econbiz.de/10005136471

The Dynamics of the Racial Test Score Gap During the School Years in Britain

Patacchini, Eleonora; Zenou, Yves - C.E.P.R. Discussion Papers - 2006

differences in parents' involvement in education. We find that a non-negligible part of the test score racial gap can be explained … by these cultural differences. In particular, we show that if non-white parents would invest in education of their 11 …

Persistent link: https://www.econbiz.de/10005504336

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

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

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

Social Interactions and Spillovers

Cabrales, Antonio; Calvó-Armengol, Antoni; Zenou, Yves - C.E.P.R. Discussion Papers - 2010

The aim of this paper is to provide a tractable model where both socialization (or network formation) and productive efforts can be analyzed simultaneously. This permits a full-fledged equilibrium/welfare analysis of network formation with endogenous productive efforts and heterogeneous agents....

Persistent link: https://www.econbiz.de/10008784699