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Escaping the unemployment trap: the case of East Germany

Merkl, Christian; Snower, Dennis J. - 2008

been reversed (e.g., after wages relative to productivity have fallen). We suggest that the longer people are unemployed … due to a drop in the replacement rate or firing costs, leading to a fall in wages, (ii) hiring subsidies, and (iii …

Persistent link: https://www.econbiz.de/10010278019

Identity, dignity and taboos: beliefs as assets

Bénabou, Roland; Tirole, Jean - 2007

We analyze social and economic phenomena involving beliefs which people value and invest in, for affective or functional reasons. Individuals are at times uncertain about their own deep values and infer them from their past choices, which then come to define who they are". Identity investments...

Persistent link: https://www.econbiz.de/10010268073

The insider-outsider theory: a survey

Lindbeck, Assar; Snower, Dennis J. - 2002

costs influence insider wages and outsiders? opportunities and how these costs affect employment and unemployment. We also …

Persistent link: https://www.econbiz.de/10010292491

Unemployment vouchers versus low-wage subsidies

Orszag, Jonathan Michael; Snower, Dennis J. - 2002

workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …

Persistent link: https://www.econbiz.de/10010265599

Comparing the effectiveness of employment subsidies

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2007

This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures involving targeting workers with low incomes/abilities and targeting the unemployed under the criteria of approximate welfare efficiency (AWE). Thereby we can identify policies...

Persistent link: https://www.econbiz.de/10010277966

Unemployment Vouchers versus Low-Wage Subsidies

Orszag, J. Michael; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002

workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …

Persistent link: https://www.econbiz.de/10005247692

On-the-job training, firing costs and employment

Díaz-Vázquez, Pilar; Snower, Dennis J. - 2003

This paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over the booms and recessions of the business cycle).

Persistent link: https://www.econbiz.de/10010265395

Can insider power affect employment?

Díaz-Vázquez, Pilar; Snower, Dennis J. - 2002

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 … counterveiling fall in reservation wages, leaving the present value of wage costs unchanged. Our analysis contradicts this …

Persistent link: https://www.econbiz.de/10010265538

Wage determination and the sources of bargaining power

Manzini, Paola; Snower, Dennis J. - 2002

This paper explores the sources of bargaining power in wage negotiations. In the standard analyses of wage bargaining, the negotiation partners are specified a priori, and thus it is impossible to address the question of how they achieve and retain their negotiating positions, on which their...

Persistent link: https://www.econbiz.de/10010265542

Pension taxes versus early retirement rights

Orszag, Jonathan Michael; Snower, Dennis J. - 2002

This paper deals with two policy approaches to address the problem of the ?pensions time bomb? by influencing private-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of whether early retirement penalties or late...

Persistent link: https://www.econbiz.de/10010265545