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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 heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...

Persistent link: https://www.econbiz.de/10010277955

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 … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

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

Incentives and complementarities of flexicurity

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

full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results …

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

Beschäftigungskonten für Deutschland

Boss, Alfred; Brown, Alessio J. G.; Snower, Dennis J. - 2007

improve employment incentives without significant changes in the current redistribution scheme. We provide a detailed account …

Persistent link: https://www.econbiz.de/10011453714

Comparing the effectiveness of employment subsidies

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2010

This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two … important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We …) improve employment and welfare, (b) do not raise earnings inequality and (c) are self-financing. This criterion enables us to …

Persistent link: https://www.econbiz.de/10011453727

The evolution of inflation and unemployment: Explaining the roaring nineties

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

This paper argues that there is a nonzero inflation-unemployment tradeoff in the long-run due to frictional growth, a phenomenon that encapsulates the interplay of nominal staggering and money growth. The existence of a downward-sloping long-run Phillips curve suggests the development of a...

Persistent link: https://www.econbiz.de/10010276425