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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

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

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

A contribution to unemployment dynamics

Snower, Dennis J.; Karanassou, Marika - 1995

Persistent link: https://www.econbiz.de/10000673551

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

A theory of wage adjustment under loss aversion

Ahrens, Steffen; Pirschel, Inske; Snower, Dennis J. - 2014

Persistent link: https://www.econbiz.de/10010465594

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

Segmented labor markets and unemployment

Lindbeck, Assar - 1991

Persistent link: https://www.econbiz.de/10013421853

Unemployment accounts and employment incentives

Brown, Alessio J. G.; Orszag, Jonathan Michael; Snower, … - 2006

Persistent link: https://www.econbiz.de/10003353592

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