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Expanding the welfare system : a proposal for reform.

Orszag, Jonathan Michael; Snower, Dennis J. - Kiel Institute for the World Economy - 1998

The proposal involves the establishment of ?welfare accounts? for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10008520144

Unemployment in the European Union : a dynamic reappraisal.

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - Kiel Institute for the World Economy - 2003

This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain-reaction perspective, in which unemployment movements are...

Persistent link: https://www.econbiz.de/10008520146

Anatomy of policy complementarities.

Orszag, Mike; Snower, Dennis J. - Kiel Institute for the World Economy - 1998

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...

Persistent link: https://www.econbiz.de/10008520225

Creating employment incentives.

Snower, Dennis J. - Kiel Institute for the World Economy - 2004

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Persistent link: https://www.econbiz.de/10008582249

Reducing unemployment through fundamental labour market reform.

Snower, Dennis J. - Kiel Institute for the World Economy - 2006

Professor Dennis J. Snower, President of the Kiel Institute for the World Economy since 2004, addresses the riddle of persistent unemployment in free market economies, outlining first a set of popular explanations for this phenomenon (and quickly showing why they are inadequate), then the main...

Persistent link: https://www.econbiz.de/10008590692

An Incentive Theory of Matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2009

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...

Persistent link: https://www.econbiz.de/10004961441

Comparing the Effectiveness of Employment Subsidies

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2006

This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two … important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We …) improve employment and welfare, (b) do not raise earnings inequality and (c) are self-financing. This criterion enables us to …

Persistent link: https://www.econbiz.de/10005755178

Interactions between Employment and Training Policies

Oskamp, Frank; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2007

This paper examines the interactions between employment and training policies. Their effectiveness in stimulating … income and employment may be interdependent for various important reasons. For example, the more employment policies … stimulate the employment rate, the greater the length of time over which workers use the human capital generated by training …

Persistent link: https://www.econbiz.de/10005755249

Characteristics of Unemployment Dynamics. The Chain Reaction Approach

Karanassou, Marika; Snower, Dennis J. - Department of Economics and Finance Research and … - 2007

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...

Persistent link: https://www.econbiz.de/10005764149

On the Interplay between Keynesian and Supply Side Economics

Karanassou, Marika; Snower, Dennis J. - Department of Economics and Finance Research and … - 2007

Conventional wisdom suggests that nominal, demand-side shocks have only temporary effects on real macroeconomic magnitudes and that the duration of their effects depends on the degree of nominal inertia. It is also argued that, in the absence of unit roots, temporary supply-side shocks also have...

Persistent link: https://www.econbiz.de/10005764156