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We examine the interactions between public and private sector wages per employee in OECD countries. The growth of public sector wages and of public sector employment positively affects the growth of private sector wages. Moreover, total factor productivity, the unemployment rate and the degree...
Persistent link: https://www.econbiz.de/10013135825
We examine the interactions between public and private sector wages per employee in OECD countries. The growth of public sector wages and of public sector employment positively affects the growth of private sector wages. Moreover, total factor productivity, the unemployment rate and the degree...
Persistent link: https://www.econbiz.de/10009303460
Persistent link: https://www.econbiz.de/10010376811
Persistent link: https://www.econbiz.de/10010494122
We analyse the interactions between public and private sector wages per employee in OECD countries. We motivate the analysis with a dynamic labour market equilibrium model with search and matching frictions to study the effects of public sector employment and wages on the labour market,...
Persistent link: https://www.econbiz.de/10003825937
We analyse the interactions between public and private sector wages per employee in OECD countries. We motivate the analysis with a dynamic labour market equilibrium model with search and matching frictions to study the effects of public sector employment and wages on the labour market,...
Persistent link: https://www.econbiz.de/10012768393
specifically on their degree of success, notably in terms of fiscal sustainability. The "need" to consolidate is based on having a … primary balance above or below the debt-stabilizing primary balance (provided by the IMF's Debt Sustainability Analysis) for … each country. We then link the need for and the actual (historical) existence of fiscal adjustments to their sustainability …
Persistent link: https://www.econbiz.de/10012938962
Persistent link: https://www.econbiz.de/10013363141
deficits and public debt). We address the sustainability of public finances in Portuguese-speaking African countries (PALOP … the sustainability of their corresponding fiscal positions, leading these economies to be set on unsustainable public …
Persistent link: https://www.econbiz.de/10012951578
We assess the sustainability of the current account (CA) balance, net international investment position (NIIP) and net … sustainability of the CA balance mainly in a few surplus countries whereas there is more concern about the sustainability of the NIIP …
Persistent link: https://www.econbiz.de/10012955469