Narrow search
Showing 1 - 10 of 60
Cover Image
Unemployment vouchers versus low-wage subsidies
Orszag, Jonathan Michael; Snower, Dennis J. - 2002
The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the longterm unemployed) and are provided only for a...
Persistent link: https://www.econbiz.de/10010265599
Cover Image
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 … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10010278021
Cover Image
Anatomy of policy complementarities
Orszag, Jonathan Michael; Snower, Dennis J. - 1999
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...
Persistent link: https://www.econbiz.de/10010273118
Cover Image
Micro-Simulation of Social Security Reforms in Belgium
Desmet, Raphaël; Jousten, Alain; Perelman, Sergio; … - 2003
The present paper analyzes the budgetary impact of various Social Security reforms in the Belgian institutional setting. Our approach relies on parameters that were derived in Dellis et alii (2002) using a micro-modeling strategy. Focusing our attention on a hypothetical age cohort, we...
Persistent link: https://www.econbiz.de/10010272725
Cover Image
Is monetary policy in the Eurozone less effective than in the US?
De Grauwe, Paul; Storti, Cláudia Costa - 2005
There is a wide consensus that the existence of structural rigidities in the Eurozone reduces the effectiveness of the ECB's monetary policies. In order to test this ?ECB-handicap? hypothesis, we perform a meta-analysis of the effects of monetary policies in the US and the Eurozone countries....
Persistent link: https://www.econbiz.de/10010276746
Cover Image
The effects of monetary policy : a meta-analysis
De Grauwe, Paul; Costa Storti, Cláudia - 2004
In this paper we perform a meta-analysis of the effects of monetary policies on output and prices. We use a sample of published papers on the effects of monetary policies in different countries. There is a large variation in the estimated effects of monetary policies on output and prices. We...
Persistent link: https://www.econbiz.de/10010261220
Cover Image
An Incentive Theory of Matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10004961441
Cover Image
Nursing Homes and Mortality in Europe : Uncertain Causality
Flawinne, Xavier; Lefebvre, Mathieu; Perelman, Sergio; … - 2022
matching methods, we observe excess mortality in Belgium, France, Germany Luxembourg, Switzerland, Estonia and Czech Republic …
Persistent link: https://www.econbiz.de/10013300873
Cover Image
Escaping the unemployment trap: the case of East Germany
Merkl, Christian; Snower, Dennis J. - 2008
This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have been reversed (e.g., after wages relative to productivity have fallen). We suggest that the longer people are unemployed, the greater is their cumulative likelihood of falling...
Persistent link: https://www.econbiz.de/10010278019
Cover Image
The insider-outsider theory: a survey
Lindbeck, Assar; Snower, Dennis J. - 2002
This article is an idiosyncratic survey of the insider-outsider theory, describing the vision underlying the theory, and evaluating salient contributions to the literature in the light of this vision. We also indicate what appear to have been dead-ends and red herrings in past research. The...
Persistent link: https://www.econbiz.de/10010292491