Dennis J. Snower

Research Fellow

Hertie School of Governance

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Research Interests

Dennis J. Snower is the founder and President of the Global Solutions Initiative and Professor of Macroeconomics and Sustainability at the Hertie School in Berlin. He was President of the Kiel Institute for the World Economy from 2004–2019. He obtained his doctorate in Economics from Princeton University in 1975 for his dissertation on "Dynamic Forces of Advanced, Capitalist Economies." He was an Assistant Professor at the University of Maryland, the Institute of Advanced Studies, Vienna, a Lecturer at the University of London, and Full Professor of Economics at Birkbeck College, University of London (1989-2004). He has worked and taught at Columbia University, the University of Stockholm, the University of Jerusalem, the International Monetary Fund, the European University Institute, Dartmouth College, and elsewhere. Among others, he received grants and awards from the Social Science Research Council, U.K., from the Nuffield Foundation, and from ESRC. Since 1993 he is a Fellow of the Royal Society of Arts. In April 1998, he joined IZA as a research fellow and acted as IZA Program Director for the "Welfare State and Labor Market" until 2004.

Dennis Snower published in Journals such as the American Economic Review, The Journal of Political Economy, European Economic Review, Oxford Economic Papers, and the Economic Journal. His current research interests include issues in Labor Economics such as wage bargaining, the natural rate of unemployment, employment policies, and the economics of imperfect information.

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IZA Publications

IZA Discussion Paper No. 14509
Capitalism Recoupled
Colm Kelly, Dennis J. Snower
IZA Discussion Paper No. 14042
Technological Advance, Social Fragmentation and Welfare
Steven J. Bosworth, Dennis J. Snower
IZA Discussion Paper No. 12998
Recoupling Economic and Social Prosperity
Katharina Lima de Miranda, Dennis J. Snower
IZA Discussion Paper No. 9705
Identity-driven Cooperation versus Competition
Dennis J. Snower, Steven J. Bosworth
IZA Discussion Paper No. 9703
Cooperation, Motivation and Social Balance
Steven J. Bosworth, Tania Singer, Dennis J. Snower
IZA Discussion Paper No. 9701
Bread and Bullets
George A. Akerlof, Dennis J. Snower
IZA Discussion Paper No. 8699
A Theory of Wage Adjustment under Loss Aversion
Steffen Ahrens, Inske Pirschel, Dennis J. Snower
IZA Discussion Paper No. 8252
The Minimum Wage from a Two-Sided Perspective
Alessio J. G. Brown, Christian Merkl, Dennis J. Snower
published in: Economics Letters, 2014, 124 (3), 389–391.
IZA Discussion Paper No. 8138
A Theory of Price Adjustment under Loss Aversion
Steffen Ahrens, Inske Pirschel, Dennis J. Snower
IZA Discussion Paper No. 7426
Multitasking and Wages
Dennis J. Snower, Dennis Goerlich
IZA Discussion Paper No. 7413
Worker Identity, Employment Fluctuations and Stabilization Policy
Dennis J. Snower, Wolfgang Lechthaler
IZA Discussion Paper No. 6302
Envy, Guilt, and the Phillips Curve
Steffen Ahrens, Dennis J. Snower
IZA Discussion Paper No. 5694
Hyperbolic Discounting and Positive Optimal Inflation
Liam Graham, Dennis J. Snower
IZA Discussion Paper No. 4145
An Incentive Theory of Matching
Alessio J. G. Brown, Christian Merkl, Dennis J. Snower
published in: Macroeconomic Dynamics, 2015, 19 (3), 643-668
IZA Discussion Paper No. 3681
Escaping the Unemployment Trap: The Case of East Germany
Christian Merkl, Dennis J. Snower
published in: Journal of Comparative Economics, 2008, 36 (4), 542-556
IZA Discussion Paper No. 3513
Monetary Persistence and the Labor Market: A New Perspective
Wolfgang Lechthaler, Christian Merkl, Dennis J. Snower
substantially revised version published in: Journal of Economic Dynamics and Control, 2010, 34 (5), 968-983
IZA Discussion Paper No. 3477
Hyperbolic Discounting and the Phillips Curve
Liam Graham, Dennis J. Snower
IZA Discussion Paper No. 3033
Monetary Persistence, Imperfect Competition, and Staggering Complementarities
Christian Merkl, Dennis J. Snower
published in: Macroeconomic Dynamics, 2009, 13 (1), 81-106
IZA Discussion Paper No. 2900
The Evolution of Inflation and Unemployment: Explaining the Roaring Nineties
Marika Karanassou, Hector Sala, Dennis J. Snower
published in: Australian Economic Papers, 2008, 47 (4), 334-354
IZA Discussion Paper No. 2835
Comparing the Effectiveness of Employment Subsidies
Alessio J. G. Brown, Christian Merkl, Dennis J. Snower
revised version published in: Labour Economics, 2011, 18 (2), 168-179
IZA Discussion Paper No. 2600
Inflation Persistence and the Phillips Curve Revisited
Marika Karanassou, Dennis J. Snower
IZA Discussion Paper No. 2480
The Macroeconomics of the Labor Market: Three Fundamental Views
Marika Karanassou, Hector Sala, Dennis J. Snower
published in: Portuguese Economic Journal, 2007, 6 (3), 151-180
IZA Discussion Paper No. 2265
Phillips Curves and Unemployment Dynamics: A Critique and a Holistic Perspective
Marika Karanassou, Hector Sala, Dennis J. Snower
published: Journal of Economic Surveys, 2010, 24 (1), 1-51
IZA Discussion Paper No. 2105
Unemployment Accounts and Employment Incentives
Alessio J. G. Brown, Mike Orszag, Dennis J. Snower
published in: European Journal of Political Economy, 2008, 24 (3), 587-604
IZA Discussion Paper No. 2066
The Caring Hand that Cripples: The East German Labor Market After Reunification (Detailed Version)
Dennis J. Snower, Christian Merkl
short version published in: American Economic Review, 2006, 96 (2), 375-382
IZA Discussion Paper No. 910
On-the-Job Training, Firing Costs and Employment
Pilar Diaz-Vazquez, Dennis J. Snower
published in: Contributions to Economic Analysis & Policy, 2005, 4 (1)
IZA Discussion Paper No. 899
Unemployment in the European Union: Institutions, Prices, and Growth
Marika Karanassou, Hector Sala, Dennis J. Snower
IZA Discussion Paper No. 882
The Firm as a Pool of Factor Complementarities
Assar Lindbeck, Dennis J. Snower
IZA Discussion Paper No. 876
The European Phillips Curve: Does the NAIRU Exist?
Marika Karanassou, Hector Sala, Dennis J. Snower
published in: Applied Economics Quarterly, 2003, 49 (2), 93-121
IZA Discussion Paper No. 646
The Return of the Long-Run Phillips Curve
Liam Graham, Dennis J. Snower
IZA Discussion Paper No. 645
Long-Run Inflation-Unemployment Dynamics: The Spanish Phillips Curve and Economic Policy
Marika Karanassou, Hector Sala, Dennis J. Snower
published in: Journal of Policy Modeling, 2008, 30 (2), 279-300
IZA Discussion Paper No. 636
A Reappraisal of the Inflation-Unemployment Tradeoff
Marika Karanassou, Hector Sala, Dennis J. Snower
published in: European Journal of Political Economy, 2005, 21 (1), 1-32
IZA Discussion Paper No. 635
An Anatomy of the Phillips Curve
Dennis J. Snower, Marika Karanassou
IZA Discussion Paper No. 586
On-the-Job Training and the Effects of Insider Power
Pilar Diaz-Vazquez, Dennis J. Snower
published in: Labour Economics, 2006, 13 (3), 317-341
IZA Discussion Paper No. 539
Labour-Market Institutions and Macroeconomic Shocks
Yu-Fu Chen, Dennis J. Snower, Gylfi Zoega
published in: Labour, 2003, 17(2), 247-270
IZA Discussion Paper No. 538
The Pension Transfer Program
Mike Orszag, Dennis J. Snower
IZA Discussion Paper No. 537
Unemployment Vouchers versus Low-Wage Subsidies
Mike Orszag, Dennis J. Snower
IZA Discussion Paper No. 536
Pension Taxes versus Early Retirement Rights
Mike Orszag, Dennis J. Snower
IZA Discussion Paper No. 535
Wage Determination and the Sources of Bargaining Power
Paola Manzini, Dennis J. Snower
IZA Discussion Paper No. 534
The Insider-Outsider Theory: A Survey
Assar Lindbeck, Dennis J. Snower
IZA Discussion Paper No. 533
Assessing Welfare Accounts
Stefan Fölster, Robert Gidehag, Mike Orszag, Dennis J. Snower
published in: Torben Andersen and Per Molander (eds,): Alternatives for Welfare Policy: Coping with Internationalisation and Demographic Change, Cambridge, 2003, 255 - 275
IZA Discussion Paper No. 532
From Unemployment Benefits to Unemployment Accounts
Mike Orszag, Dennis J. Snower
IZA Discussion Paper No. 531
Unemployment in the European Union: A Dynamic Reappraisal
Marika Karanassou, Hector Sala, Dennis J. Snower
published in: Economic Modelling, 2003, 20 (2), 237-273
IZA Discussion Paper No. 530
Unemployment Invariance
Marika Karanassou, Dennis J. Snower
published in: German Economic Review, 2004, 5 (3), 297-317
IZA Discussion Paper No. 529
Incapacity Benefits and Employment Policy
Mike Orszag, Dennis J. Snower
published in: Labour Economics, 2002, 9 (5), 631-641
IZA Discussion Paper No. 506
Can Insider Power Affect Employment?
Pilar Diaz-Vazquez, Dennis J. Snower
published in: German Economic Review, 2003, 4 (2), 139-150
IZA Discussion Paper No. 127
Characteristics of Unemployment Dynamics: The Chain Reaction Approach
Marika Karanassou, Dennis J. Snower
IZA Discussion Paper No. 119
The Division of Labor and the Market for Organizations
Assar Lindbeck, Dennis J. Snower
IZA Discussion Paper No. 75
Adjustment Dynamics and the Natural Rate: An Account of UK Unemployment
Brian Henry, Marika Karanassou, Dennis J. Snower
published in: Oxford Economic Papers, 52 (2000), 178-203
IZA Discussion Paper No. 56
Centralized Bargaining, Multi-Tasking and Work Incentives
Assar Lindbeck, Dennis J. Snower
published as 'Centralized bargaining and reorganized work: Are they compatible?' in: European Economic Review, 2001, 45 (10), 1851-1875
IZA Discussion Paper No. 41
Anatomy of Policy Complementarities
Mike Orszag, Dennis J. Snower
published in: Swedish Economic Policy Review, 1998, 5(2), 303-343
IZA Discussion Paper No. 39
Multi-Task Learning and the Reorganization of Work. From Tayloristic to Holistic Organization
Assar Lindbeck, Dennis J. Snower
published in: Journal of Labor Economics, 2000, 18 (3), 353-376
IZA Discussion Paper No. 33
Price Dynamics and Production Lags
Assar Lindbeck, Dennis J. Snower
published in: American Economic Review, 1999, 89 (2), 81-88
IZA Discussion Paper No. 29
Causes of Changing Earnings Inequality
Dennis J. Snower
IZA Policy Paper No. 169
Humanistic Digital Governance
Dennis J. Snower, Paul Twomey
IZA Policy Paper No. 162
The Socio-Economics of Pandemics Policy
Dennis J. Snower
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