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The role of the wage-productivity gap in economic activity

Karanassou, Marika; Sala, Hector - In: International review of applied economics 28 (2014) 4, pp. 436-459

Persistent link: https://www.econbiz.de/10010355847

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

An incentive theory of matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 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/10010277955

An incentive theory of matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009

Persistent link: https://www.econbiz.de/10010278021

Inequality and employment sensitivities to the falling labour share

Karanassou, Marika; Sala, Hector - 2011

inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …

Persistent link: https://www.econbiz.de/10010286279

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/10010332009

Long-Run Effects of Dynamically Assigned Treatments: A New Methodology and an Evaluation of Training Effects on Earnings

van den Berg, Gerard J.; Vikström, Johan - 2019

earnings in subsequent employment. Any evaluation needs to take into account that some of those who are not trained at a …

Persistent link: https://www.econbiz.de/10012059200

Incentives and complementarities of flexicurity

Brown, Alessio J. G.; Snower, Dennis J. - 2009

full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results …

Persistent link: https://www.econbiz.de/10010265238

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 in the European Union: a dynamic reappraisal

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2002

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/10010276417