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The Minimum Wage from a Two-Sided Perspective

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

Persistent link: https://www.econbiz.de/10010877633

An Incentive Theory of Matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2010

This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...

Persistent link: https://www.econbiz.de/10010955922

Incentives and Complementarities of Flexicurity

Brown, Alessio J. G.; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2009

show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality … Germany - the reduction of unemployment effect is nearly 40% greater when the policies are implemented in conjunction than in … renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a …

Persistent link: https://www.econbiz.de/10005079106

An Incentive Theory of Matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 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/10004992848

Active Labor Market Programs - Employment Gain or Fiscal Drain?

Brown, Alessio J. G.; Koettl, Johannes - Institut für Weltwirtschaft (IfW) - 2012

This paper provides a new perspective in classifying ALMPs depending on their main objective, also in light of their relevance and cost-effectiveness during normal times, during a crisis, and during recovery. We distinguish ALMPs that provide incentives for retaining employment, incentives for...

Persistent link: https://www.econbiz.de/10010887030

Active Labor Market Programs: Employment Gain or Fiscal Drain?

Brown, Alessio J. G.; Koettl, Johannes - Institute for the Study of Labor (IZA) - 2012

This paper provides a new perspective by classifying active labor market programs (ALMPs) depending on their main objectives and their relevance and cost-effectiveness during normal times, during a crisis, and during recovery. We distinguish ALMPs that provide: (i) incentives for retaining...

Persistent link: https://www.econbiz.de/10011207666

The Minimum Wage from a Two-Sided Perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 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/10010887014

Unemployment Accounts and Employment Incentives

Brown, Alessio J. G.; Orszag, J. Michael; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 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/10005703506

Comparing the Effectiveness of Employment Subsidies

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 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/10005762441

The Minimum Wage from a Two-Sided Perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2014

Persistent link: https://www.econbiz.de/10011103270