Similar Search Results

Macroeconomic volatilities and the labor market : first results from the euro experiment

Merkl, Christian; Schmitz, Tom - In: European journal of political economy 27 (2011) 1, pp. 44-60

Persistent link: https://www.econbiz.de/10009260158

Unemployment accounts and employment incentives

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

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …

Persistent link: https://www.econbiz.de/10010272954

The minimum wage from a two-sided perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...

Persistent link: https://www.econbiz.de/10010332009

Macroeconomic volatilities and the labor market: first results from the euro experiment

Merkl, Christian; Schmitz, Tom - 2009

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …

Persistent link: https://www.econbiz.de/10010277954

Unemployment accounts and employment incentives

Brown, Alessio J. G.; Orszag, Jonathan Michael; Snower, … - In: European journal of political economy 24 (2008) 3, pp. 587-604

Persistent link: https://www.econbiz.de/10003791044

Incentives and complementarities of flexicurity

Brown, Alessio J. G.; Snower, Dennis J. - 2009

renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …

Persistent link: https://www.econbiz.de/10010265238

Interactions between employment and training policies

Oskamp, Frank; Snower, Dennis J. - 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/10010272951

Hyperbolic discounting and the Phillips curve

Graham, Liam; Snower, Dennis J. - 2007

Using a standard dynamic general equilibrium model, we show that the interaction of staggered nominal contracts with hyperbolic discounting leads to inflation having significant long-run effects on real variables.

Persistent link: https://www.econbiz.de/10010272966

The effect of low-wage subsidies on skills and employment

Oskamp, Frank; Snower, Dennis J. - 2006

We explore the far-reaching implications of low-wage subsidies on aggregate employment. Low-wage subsidies have three important effects. First, they promote employment of unskilled workers (who tend to be the ones who earn low wages). Second, by raising the payoff of unskilled work relative to...

Persistent link: https://www.econbiz.de/10010272975

The macroeconomics of the labor market: Three fundamental views

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2007

We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …

Persistent link: https://www.econbiz.de/10010276418