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On the interplay between Keynesian and supply side economics
Karanassou, Marika; Snower, Dennis J. - 2007
largely unexplored, set of determinants of the effectiveness of Keynesian and supply-side economic policies. -- unemployment … ; employment ; wage setting ; labour force participation ; labour market dynamics ; unemployment persistence ; imperfect … unemployment responsiveness …
Persistent link: https://www.econbiz.de/10009736646
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang (contributor);  … - 2008
It is common knowledge that the standard New Keynesian model is not able to generate a persistent response in output to temporary monetary shocks. We show that this shortcoming can be remedied in a simple and intuitively appealing way through the introduction of labor turnover costs (such as...
Persistent link: https://www.econbiz.de/10003719627
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
empirical regularities that the conventional matching model cannot. -- Matching ; incentives ; adjustment costs ; unemployment …
Persistent link: https://www.econbiz.de/10003832116
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis J. - 2010
sluggish. Job creation and job destruction are negatively correlated. And the volatility of unemployment is much larger than in …
Persistent link: https://www.econbiz.de/10003937114
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
empirical regularities that the conventional matching model cannot. -- Matching ; incentives ; adjustment costs ; unemployment …
Persistent link: https://www.econbiz.de/10003827234
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Explaining disparities in unemployment dynamics
Karanassou, Marika; Snower, Dennis J. - 1993
Persistent link: https://www.econbiz.de/10000880801
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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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Characteristics of unemployment dynamics : the chain reaction approach
Karanassou, Marika; Snower, Dennis J. - 2007
Persistent link: https://www.econbiz.de/10003474032
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On the interplay between Keynesian and supply side economics
Karanassou, Marika; Snower, Dennis J. - 2007
Persistent link: https://www.econbiz.de/10003474033
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Some evidence on the relevance of the chain-reaction theory in selected countries
Hofer, Helmut; Kunst, Robert M.; Schwarzbauer, Wolfgang; … - 2007
Persistent link: https://www.econbiz.de/10003510355