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An incentive theory of matching
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 … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003832116
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
Persistent link: https://www.econbiz.de/10003848271
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Incentive models of the labour market
Brown, Alessio J. G. - 2009
Persistent link: https://www.econbiz.de/10003893987
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2010 - [This version]: May 2010
Persistent link: https://www.econbiz.de/10008908097
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Incentive models of the labour market
Brown, Alessio J. G. - 2009
Globalization has entered a new stage, with new and varying constellations of winners and losers and thus, calls for a new policy paradigm. In contrast to the traditional way of thinking - the welfare state redistributes purchasing power to the disadvantaged to support them in the event of...
Persistent link: https://www.econbiz.de/10010460018
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An incentive theory of matching
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 … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003827234
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The insider-outsider theory : a survey
Lindbeck, Assar; Snower, Dennis J. - 2002
This article is an idiosyncratic survey of the insider-outsider theory, describing the vision underlying the theory, and evaluating salient contributions to the literature in the light of this vision. We also indicate what appear to have been dead-ends and red herrings in past research. The...
Persistent link: https://www.econbiz.de/10011412195
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Evaluating Unemployment Policies : What Do the Underlying Theories Tell Us?
Snower, Dennis J. - 2006
The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy prescriptions rest on different macroeconomic theories, and our...
Persistent link: https://www.econbiz.de/10012781938
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Matching and sorting in a global economy
Grossman, Gene M.; Helpman, Elhanan; Kircher, Philipp - 2013
Persistent link: https://www.econbiz.de/10010200180
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Wages and the size of firms in dynamic matching models
Bertola, Giuseppe - In: Review of economic dynamics 4 (2001) 2, pp. 335-368
Persistent link: https://www.econbiz.de/10001643286