Dennis J. Snower
Dennis J. Snower (born October 14, 1950 in Vienna ) is an American-German economist , President of the Global Solutions Initiative and Professor of Macroeconomics and Sustainability at the Hertie School of Governance . He is a former president of the Institute for World Economics in Kiel and professor of theoretical economics at the University of Kiel .
Snower was born in Vienna in 1950 and grew up there until he was 17. He earned a BA and MA from the New College of Oxford University (in Philosophy, Politics and Economics, 1971) and an MA and PhD of Princeton University (1975). He is a US citizen, married with two children. In 2018 he also took on German citizenship.
He worked at the University of Maryland as Assistant Professor (1975–1979), at the Institute for Advanced Studies as Assistant Professor (1979–1980) and at Birkbeck College, University of London (Lecturer 1980–1983, Reader 1983–1988 and Professor 1989 -2004).
From October 2004 until reaching the age limit at the end of February 2019, Snower was President of the Institute for World Economics (IfW). His successor was Gabriel Felbermayr . He also held a professorship for theoretical economics at the Christian Albrechts University in Kiel. His research interests included employment policy and unemployment.
Snower also deals with the question of how people's social well-being can be increased and which criteria, beyond monetary advantages, determine people's willingness to cooperate, something in international cooperation. Snower also strives to expand traditional economic models with insights from psychology and neuroscience.
Today, one of the main focuses of Snower's work is policy advice, particularly for international institutions such as the G20 and G7. To this end, he founded the Global Solutions Initiative, the “Global Solutions Summit” event format organized by Tagesspiegel Verlag, and the “Council for Global Problem-Solving” think tank.
Research and advice
Snower has advised governments on labor market policy, training policy and welfare state reform, including the UK, France, Italy, the Netherlands, Sweden and Spain. He worked as a consultant for the International Monetary Fund (IMF) and the World Bank and was visiting professor at numerous universities, including Columbia, Dartmouth College, European University Institute (Florence), Harvard, Princeton and Stockholm.
Snower has published in the following economic journals, among others: American Economic Review , Economic Journal , Journal of Economic Perspectives , European Economic Review , Journal of Labor Economics .
Together with Assar Lindbeck he developed the insider-outsider theory to explain the unemployment dynamics in Europe and the theory of "frictional growth" to explain the relationship between inflation and unemployment. Together with employees, he designed various economic policy measures (e.g. employment vouchers and social accounts) that were used in different countries.
Snower is Research Fellow at the Center for Economic Policy Research (London), Research Institute for the Future of Work (Bonn), CESifo (Munich), Euro Area Business Cycle Network and SKOPE Center at Oxford University. He is a member of the Central Advisory Board of Commerzbank and the Scientific Advisory Board of the Institute for Advanced Studies (Vienna). He is also a member of the Global Agenda Council on Economic Imbalances and the Council on the Skills Gap (both World Economic Forum).
In 2008, Snower initiated the Global Economic Symposium (GES) for the first time in Plön, Schleswig-Holstein . Research-based solutions to global problems were developed and discussed there. This was followed by more GES in Kiel, Istanbul, Rio de Janiero and Kualalumpur, as well as GES workshops in Kiel and Taipei. The GES planned for 2016 in Istanbul was canceled due to the political situation in the country.
In 2011 he was elected a full member of the Academy of Sciences in Hamburg .
To solve the euro crisis, Snower outlined a four-point plan for Europe in May 2012 , which among other things proposes a "breathing fiscal rule" and solvency criteria for the EU countries.
During the German G20 presidency in 2016/2017, Dennis Snower and Dirk Messner from the German Development Institute in Bonn (DIE) led the Think 20 (T20), an association of think tanks from the G20 countries with the aim of getting the G20 decision-makers support with research-based recommendations for action. The T20 are among the so-called engagement groups around the G20 process, such as Women 20, Business 20 or Youth 20. The T20 is the only engagement group but does not represent a lobby group.
At the T20 “Global Solutions” summit, which was organized jointly with Tagesspiegel Verlag, the then Chancellery Minister Peter Altmaier was presented with a final document entitled “20 Solution Proposals for the G20”.
With the end of the German G20 presidency, the leadership of the T20 also changed. The “Global Solutions Summit” will continue as the annual meeting of the Council for Global Problem-Solving and is part of the official T20 annual calendar. Officials from the G20 countries are also on the guest list. In 2018, for example, Chancellor Angela Merkel called for the introduction of an international digital tax at the summit, and in 2019 more international cooperation.
- The Future of the Welfare State . In: Economic Journal . tape 103 , 1993, pp. 700-717 .
- with Assar Lindbeck: Cooperation, Harassment and Involuntary Unemployment . In: American Economic Review . tape 78 , no. 1 , 1988, p. 167-188 .
- with Assar Lindbeck: Multi-task Learning and the Reorganization of Work . In: Journal of Labor Economics . tape 18 , no. 3 , 2000, pp. 353-376 .
- with Assar Lindbeck: Insiders versus Outsiders . In: Journal of Economic Perspectives . tape 15 , no. 1 , 2001, p. 165-188 .
- Literature by and about Dennis J. Snower in the catalog of the German National Library
- Dennis J. Snower in the catalog of the ZBW - Leibniz Information Center for Economics (ZBW)
- Snower's website at the Institute for the World Economy
- Literature by and about Dennis J. Snower in the catalog of the German Central Library for Economics
- Website of the Academy of Sciences in Hamburg
- Tobias Kaiser: Dennis Snower: "There will be great social conflicts" . In: THE WORLD . January 3, 2019 ( welt.de [accessed January 3, 2019]).
- orf.at: Austrian Felbermayr will head Kiel IfW in the future . Article dated September 10, 2018, accessed September 10, 2018.
- Felbermayr becomes the new President of the Kiel Institute for the World Economy. Retrieved February 1, 2019 .
- Uwe Jean Heuser: Dennis Snower: "My wife says: What nonsense!" In: The time . January 30, 2019, ISSN 0044-2070 ( zeit.de [accessed February 1, 2019]).
- From Homo Economicus towards a Caring Economics. Accessed February 1, 2019 .
- Global Solutions 2019. Accessed February 1, 2019 .
- Council for Global Problem-Solving (CGP) - Policy advice to the G20. Retrieved February 1, 2019 .
- global-economic-symposium.org: Home , accessed on January 4, 2011
- Press release of March 30, 2011 Academy of Sciences in Hamburg cf. Website
- Four-point plan for Europe . In: Frankfurter Allgemeine Sonntagszeitung , May 27, 2012 (print version, online May 28, 2012).
- The agenda ranges from escape to energy transition. Retrieved February 1, 2019 .
- T20 Germany. Accessed February 1, 2019 .
- G20 Insights - Policy Briefs, produced by Task Forces from the Think20. Retrieved February 1, 2019 .
- What the world's think tanks advise G20 leaders. Retrieved February 1, 2019 .
- 20 Solutions for the G20. In: G20 Insights. May 30, 2017, accessed February 1, 2019 .
- T20 Japan 2019. Retrieved February 1, 2019 (American English).
- ZEIT ONLINE: Tax reform: Angela Merkel demands taxation of data . In: The time . May 28, 2018, ISSN 0044-2070 ( zeit.de [accessed February 1, 2019]). In 2018, for example, Chancellor Angela Merkel called for the introduction of an international digital tax at the summit
- Tagesspiegel: A call for more international cooperation . March 19, 2019, ISSN 1865-2263 ( tagesspiegel.de [accessed November 4, 2019]). More international cooperation in 2019.
|SURNAME||Snower, Dennis J.|
|ALTERNATIVE NAMES||Snower, Dennis James (full name)|
|BRIEF DESCRIPTION||American economist|
|DATE OF BIRTH||October 14, 1950|
|PLACE OF BIRTH||Vienna|