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Wage setting, unemployment, and insider-outsider relations

Lindbeck, Assar; Snower, Dennis J. - In: The American economic review 76 (1986) 2, pp. 235-239

Persistent link: https://www.econbiz.de/10001010709

The effectiveness of employment vouchers: a simple approach

Orszag, Jonathan Michael; Snower, Dennis J. - In: German economic review 1 (2000) 4, pp. 385-419

This paper explores the optimal design of subsidies for hiring unemployed workers ('employment vouchers' for short) in the context of a dynamic model of the labor market. Focusing on the short-term and long-term effects of the vouchers on employment and unemployment, the analysis shows how the...

Persistent link: https://www.econbiz.de/10010313779

Can insider power affect employment?

Díaz-Vázquez, Pilar; Snower, Dennis J. - In: German economic review 4 (2003) 2, pp. 139-150

Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … employees (entrants) receive their reservation wages. The reason given is that an increase in insider wages gives rise to a … countervailing fall in reservation wages, leaving the present value of wage costs unchanged. Our analysis contradicts this …

Persistent link: https://www.econbiz.de/10010314560