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The division of labor and the market for organizations
Lindbeck, Assar; Snower, Dennis J. - 2000
Persistent link: https://www.econbiz.de/10009715609
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The division of labor and the market for organizations
Lindbeck, Assar; Snower, Dennis J. - 2000
Persistent link: https://www.econbiz.de/10009763540
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The division of labor and the market for organizations
Lindbeck, Assar; Snower, Dennis J. - 2000
The paper examines of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organisation away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the exsisting literature on the division of labour...
Persistent link: https://www.econbiz.de/10001474204
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The division of labor and the market for organizations
Lindbeck, Assar; Snower, Dennis J. - 2000
Persistent link: https://www.econbiz.de/10001452785
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Adjustment dynamics and the natural rate : an account of the UK unemployment
Henry, S. G. B.; Karanassou, Marika; Snower, Dennis J. - 1998
Persistent link: https://www.econbiz.de/10000676913
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang (contributor);  … - 2008
that the employment rate is slow to converge to its steady state value after a monetary shock. The after-effects of a shock … continue to exert an effect on the labor market even long after the shock is over. The sluggishness of the labor market … translates to the product market and thus the output effects of the monetary shock become more persistent. Under reasonable …
Persistent link: https://www.econbiz.de/10003719627
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Monetary persistence, imperfect competition and staggering complementarities
Merkl, Christian; Snower, Dennis J. - 2006
Persistent link: https://www.econbiz.de/10003330114
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis J. - 2010
In this paper we propose a novel way to model the labor market in the context of a New-Keynesian general equilibrium model, incorporating labor market frictions in the form of hiring and firing costs. We show that such a model is able to replicate many important stylized facts of the business...
Persistent link: https://www.econbiz.de/10003937114
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis J. - In: Journal of economic dynamics & control 34 (2010) 5, pp. 968-983
Persistent link: https://www.econbiz.de/10003973007
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang (contributor);  … - 2008
that the employment rate is slow to converge to its steady state value after a monetary shock. Under reasonable … calibrations, the after-effects of a shock continue to exert an effect on the labor market even long after the shock is over. The … sluggishness of the labor market translates to the product market and thus the output effects of the monetary shock become more …
Persistent link: https://www.econbiz.de/10003665644