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Wages, Pensions, and Public-Private Sector Compensation Differentials for Older Workers
Bewerunge, Philipp - 2013
compensation than private sector workers, ceteris paribus. With respect to hourly remuneration (wages plus employer contributions … taking jobs in the public sector, either with respect to wages or pension wealth …
Persistent link: https://www.econbiz.de/10013075859
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An Analysis of Public and Private Sector Wages Allowing for Endogenous Choices of Both Government and Union Status
Gyourko, Joseph; Tracy, Joseph S. - 2021
"comparability" process determining their wages …
Persistent link: https://www.econbiz.de/10013235892
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Wages in the Federal and Private Sectors
Venti, Steven F. - 2021
This study addresses the legal principle of "comparability" that ties federal sector wages to wages in the private … the same wages in each sector. Estimates based on data from the 1982 CPS indicate males may have a slight wage advantage …-minimizing federal employer would pay wages no higher than necessary to attract employees and eliminate queues for federal jobs. If the …
Persistent link: https://www.econbiz.de/10013310161
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Who Pays for Public Employee Health Costs?
Clemens, Jeffrey P. - 2013
through reductions in wages and salaries. Strong teachers' unions were associated with relatively strong linkages between …
Persistent link: https://www.econbiz.de/10013073948
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The Personnel Economics of the State
Finan, Frederico - 2016
Governments play a central role in facilitating economic development. Yet while economists have long emphasized the importance of government quality, historically they have paid less attention to the internal workings of the state and the individuals who provide the public services. This paper...
Persistent link: https://www.econbiz.de/10013002427
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Unionism Comes to the Public Sector
Freeman, Richard B. - 2021
to shift demand curves rather than to raise wages, as is the case in the private sector. It reviews the public sector … effects of public sector unions on wages are likely to have been underestimated; (3) public sector unions have a somewhat …
Persistent link: https://www.econbiz.de/10013222944
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Salary or Benefits?
Oyer, Paul - 2021
Employer-provided benefits are a large and growing share of compensation costs. In this paper, I consider three factors that can affect the value created by employer-sponsored benefits. First, firms have a comparative advantage (for example, due to scale economies or tax treatment) in purchasing...
Persistent link: https://www.econbiz.de/10013233043
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Would Reducing Tenure Probabilities Increase Faculty Salaries?
Ehrenberg, Ronald G.; Pieper, Paul J.; Willis, Rachel A. - 2021
The simplest competitive labor market model asserts that if tenure is a desirable job characteristic for professors, they should be willing to pay for it by accepting lower salaries. Conversely, if an institution unilaterally reduces the probability that its assistant professors receive tenure,...
Persistent link: https://www.econbiz.de/10013249694
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Behavioral Economics Perspectives on Public Sector Pension Plans
Beshears, John - 2011
We describe the pension plan features of the states and the largest cities and counties in the U.S. Unlike in the private sector, defined benefit (DB) pensions are still the norm in the public sector. However, a few jurisdictions have shifted towards defined contribution (DC) plans as their...
Persistent link: https://www.econbiz.de/10013130979
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Transitions from Career Employment Among Public- and Private-Sector Workers
Quinn, Joseph F. - 2018
Do the retirement patterns of public-sector workers differ from those in the private sector? Most private-sector workers today face a do-it-yourself retirement income landscape characterized by an exposure to market forces through defined-contribution pension plans and private saving, and the...
Persistent link: https://www.econbiz.de/10012911493