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~person:"Snower, Dennis J."
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Snower, Dennis J.
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How Labour Market Flexibility Affects Unemployment: Long-Term Implications of the Chain Reaction Theory
Karanassou, Marika
;
Snower, Dennis J.
-
C.E.P.R. Discussion Papers
-
1998
This paper evaluates two theories of unemployment: the natural rate theory (whereby unemployment is depicted as fluctuating around a reasonably stable natural rate) and the chain reaction theory (which views movements in unemployment as the outcome of the interplay between labour market shocks...
Persistent link: https://www.econbiz.de/10005504680
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2
A Contribution to Unemployment
Dynamics
Karanassou, Marika
;
Snower, Dennis J.
-
C.E.P.R. Discussion Papers
-
1995
decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment
dynamics
are …
Persistent link: https://www.econbiz.de/10005791454
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3
Explaining Disparities in Unemployment
Dynamics
Karanassou, Marika
;
Snower, Dennis J.
-
C.E.P.R. Discussion Papers
-
1993
. The effects of this lag structure on unemployment
dynamics
are captured through two general measures of `unemployment …
Persistent link: https://www.econbiz.de/10005114179
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