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Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - In: Macroeconomic dynamics 19 (2015) 3, pp. 643-668

Persistent link: https://www.econbiz.de/10011308626

Brown, Alessio J. G. - 2009

policies for the welfare state are analysed: Unemployment accounts, employment subsidies and flexicurity. Finally, a new …

Persistent link: https://www.econbiz.de/10010460018

Unemployment invariance

Karanassou, Marika; Snower, Dennis J. - 2002

This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...

Persistent link: https://www.econbiz.de/10011412072

On-the-job training and the effects of insider power

Díaz-Vázquez, Pilar; Snower, Dennis J. - 2002

will employment be affected? In addressing this question, we focus on the role of on-the-job training. We show that an … insider wage hike reduces recession-time employment but, in the presence of on-the-job training, increases boom …-time employment. Thus on-the-job training can make insider wage hikes less detrimental to average employment (over booms and …

Persistent link: https://www.econbiz.de/10011413583