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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
Persistent link: https://www.econbiz.de/10003848271
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2010 - [This version]: May 2010
Persistent link: https://www.econbiz.de/10008908097
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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/10003827234
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Productivity in cities : self-selection and sorting
Venables, Anthony - 2010
Persistent link: https://www.econbiz.de/10008746881
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Timeless, trade and agglomeration
Harrigan, James; Venables, Anthony - 2004
Persistent link: https://www.econbiz.de/10002005796
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A contribution to unemployment dynamics
Snower, Dennis J.; Karanassou, Marika - 1995
Persistent link: https://www.econbiz.de/10000673551
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Policy rules for inflation targeting
Rudebusch, Glenn D.; Svensson, Lars E. O. - 1998
Persistent link: https://www.econbiz.de/10013422634
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Interactions between employment and training policies
Oskamp, Frank (contributor); Snower, Dennis J. (contributor) - 2007
This paper examines the interactions between employment and training policies. Their effectiveness in stimulating income may be interdependent for various important reasons. For example, the more employment policies stimulate the employment rate, the greater the length of time over which workers...
Persistent link: https://www.econbiz.de/10003589213
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A theory of wage adjustment under loss aversion
Ahrens, Steffen; Pirschel, Inske; Snower, Dennis J. - 2014
Persistent link: https://www.econbiz.de/10010465594
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A theory of wage adjustment under loss aversion
Ahrens, Steffen; Pirschel, Inske; Snower, Dennis J. - 2014
We present a new theory of wage adjustment, based on worker loss aversion. In line with prospect theory, the workers' perceived utility losses from wage decreases are weighted more heavily than the perceived utility gains from wage increases of equal magnitude. Wage changes are evaluated...
Persistent link: https://www.econbiz.de/10010440552