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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
The Effectiveness Of Employment Vouchers: A Simple Approach, Dennis Snower, Michael J. Orszag
The Effectiveness Of Employment Vouchers: A Simple Approach, Dennis Snower, Michael J. Orszag
Dennis Snower
No abstract provided.
Multi-Task Learning And The Reorganization Of Work, Assar Lindbeck, Dennis Snower
Multi-Task Learning And The Reorganization Of Work, Assar Lindbeck, Dennis Snower
Dennis Snower
The paper analyzes an important aspect of the contemporary reorganization of work within firms: the shift from “Tayloristic” organization (characterized by specialization by tasks) to “holistic” organization (featuring job rotation, integration of tasks and learning across tasks). We examine four driving forces behind this restructuring process: advances in production technologies promoting technological task complementarities, advances in information technologies promoting informational task complementarities, changes in worker preferences in favor of versatile work, and advances in human capital that make workers more versatile. Our analysis can also help explain the recent widening of wage differentials and disparities in job opportunities, not only …
Adjustment Dynamics And The Natural Rate, Brian Henry, Marika Karanassou, Dennis Snower
Adjustment Dynamics And The Natural Rate, Brian Henry, Marika Karanassou, Dennis Snower
Dennis Snower
This paper challenges what is the standard account of UK employment, namely that the major swings in unemployment over the past 25 years are due to predominantly to movements in the underlying empirical natural rate of unemployment (NRU). Our analysis suggests that the UK NRU has remained reasonably stable through time and that the medium-run swings in unemployment are due, instead, to very prolonged after-effects of persistent (transitory but long-lasting) shocks. We argue that (i) past UK labour market shocks have prolonged after-effects on unemployment due to interactions among different lagged adjustment proceses in the labour market; (ii) many of …
Creating Employment Incentives, Dennis Snower