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The firm as a pool of factor complementarities

Lindbeck, Assar; Snower, Dennis J. - 2003

This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm?s boundaries. The factor complementarities may take a variety of forms: technological and informational complementarities, as well as economies of...

Persistent link: https://www.econbiz.de/10010265613

Causes of changing earnings inequality

Snower, Dennis J. - 1999

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....

Persistent link: https://www.econbiz.de/10010272949

Bread and bullets

Akerlof, George A.; Snower, Dennis J. - 2016

Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...

Persistent link: https://www.econbiz.de/10011414226

Bread and Bullets

Akerlof, George A.; Snower, Dennis J. - 2016

Persistent link: https://www.econbiz.de/10011479219

The firm as a pool of factor complementarities

Lindbeck, Assar; Snower, Dennis J. - 2004

This Paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm’s boundaries. The factor complementarities may take a variety of forms: technological and informational complementarities, as well as economies of...

Persistent link: https://www.econbiz.de/10010332732

Inequality of earnings

Snower, Dennis J. - 1999

This Paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand–supply framework of analysis and what is left unexplained....

Persistent link: https://www.econbiz.de/10010332733

The Firm as a Pool of Factor Complementarities

Lindbeck, Assar; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2003

This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm’s boundaries. The factor complementarities may take a variety of forms: technological and informational complementarities, as well as economies of...

Persistent link: https://www.econbiz.de/10005763561

Inequality of Earnings

Snower, Dennis J. - C.E.P.R. Discussion Papers - 1999

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained. Finally,...

Persistent link: https://www.econbiz.de/10005792213

The Firm as a Pool of Factor Complementarities

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2004

Persistent link: https://www.econbiz.de/10005136409

Centralized Bargaining, Multi-Tasking and Work Incentives

Lindbeck, Assar; Snower, Dennis J. - Institute for International Economic Studies (IIES), … - 1997

occupational specialization toward multi-tasking - for centralized wage bargaining. The analysis shows how, on account of this … reorganization, centralized bargaining becomes increasingly nefficient and detrimental to firms’ profit opportunities, since it … how centralized bargaining inhibits firms from using wages to induce workers to learn how to use their experience from one …

Persistent link: https://www.econbiz.de/10005190724