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Karanassou, Marika; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 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/10005822664

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/10010265548

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/10010281026

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 …

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

The Minimum Wage from a Two-Sided Perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

Persistent link: https://www.econbiz.de/10010398665

Unemployment Invariance

Karanassou, Marika; Snower, Dennis J. - School of Economics and Finance, Queen Mary - 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...

Persistent link: https://www.econbiz.de/10005106368

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

The minimum wage from a two-sided perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014

Persistent link: https://www.econbiz.de/10010371904

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 … possible rationale for recent inequality developments. …

Persistent link: https://www.econbiz.de/10011294713

Unemployment vouchers versus low-wage subsidies

Orszag, Jonathan Michael; Snower, Dennis J. - 2002

to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates that …: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the … longterm unemployed) and are provided only for a limited period of time. The low-wage subsidies, on the other hand, are granted …

Persistent link: https://www.econbiz.de/10010265599

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