Dennis J. Snower is President of the Kiel Institute for the World Economy

Kiel Institute for the World Economy

The Kiel Institute for the World Economy is located in Kiel, Germany, and one of the leading economic research institutes in Germany. It is engaged in research and consulting with regard to global economic affairs, economic education and documentation...

 and Professor of Economics at the Christian-Albrechts Universität zu Kiel

University of Kiel

The University of Kiel is a university in the city of Kiel, Germany. It was founded in 1665 as the Academia Holsatorum Chiloniensis by Christian Albert, Duke of Holstein-Gottorp and has approximately 23,000 students today...

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As part of his research career, he originated the insider-outsider theory of employment

Insider-outsider theory of employment

In labor economics, the insider-outsider theory examines the behavior of economic agents in markets where some participants have more privileged positions than others. The theory was developed by Assar Lindbeck and Dennis Snower....

and unemployment with Assar Lindbeck

Assar Lindbeck

Carl Assar Eugén Lindbeck is an economics professor and an artist. He is still an active economist at Stockholm University and at the ....

, the theory of high-low search with Steve Alpern

Steve Alpern

Steven Alpern is a professor of mathematics at the London School of Economics. He has made a significant contribution to both the fields of search games and Rendezvous, informally introducing the rendezvous problem as early as 1976. His collaborators include Shmuel Gal, Vic Baston and Robbert...

, and the chain reaction theory of unemployment and the theory of frictional growth with Marika Karanassou and Hector Sala. He was a seminal contributor to the macroeconomics

Macroeconomics

Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of the whole economy. This includes a national, regional, or global economy...

 of imperfect competition

Imperfect competition

In economic theory, imperfect competition is the competitive situation in any market where the conditions necessary for perfect competition are not satisfied...

, and has published extensively on labor economics, macroeconomic theory and policy, and the design of welfare systems. He has recently proposed a new explanation of the inflation-unemployment tradeoff.