study the labour market effects of public sector employment and wages. Public sector wages plays an important role in … the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … it. Hiring more people can increase or decrease the unemployment rate. All shocks raise the wage and crowd out employment …

private and public employment based on two features. First, alongside a perfectly competitive private sector, a cost …

We document substantial heterogeneity in occupational employment dynamics in response to government spending shocks …. Employment rises most strongly in service, sales, and office ("pink-collar") occupations. By contrast, employment in blue … employment dynamics as a consequence of differences in the short-run substitutability between labor and capital services across …

job search. More selective job searches deteriorate employment transitions: job finding and job-to-job transitions rates …

others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using …