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private and public employment based on two features. First, alongside a perfectly competitive private sector, a cost …
Persistent link: https://www.econbiz.de/10012843719
The public sector hires disproportionately more educated workers. To rationalize this finding, we propose a model with a perfectly competitive private sector, and non-Walrasian public sector. Our economy also features heterogeneity across individuals and jobs, and a simple sorting mechanism that...
Persistent link: https://www.econbiz.de/10012803194
Most of the existing evidence on the effectiveness of family leave policies comes from studies focusing on their impacts on affected families - that is, mothers, fathers, and their children - without a clear understanding of the costs and effects on firms and coworkers. We use data from Denmark...
Persistent link: https://www.econbiz.de/10012153290
This paper presents a model of wage-employment determination in private and public sectors, which allows us to analyze … in wage increases and employment reduction in the private sector, whereas it induces wage moderation and employment … out effect on private employment. Such effect appears to be stronger in the presence of encompassing union behavior. An …
Persistent link: https://www.econbiz.de/10013319618
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular, job security, in workers' well-being by exploiting sector-specific institutional differences...
Persistent link: https://www.econbiz.de/10011632445
The laws eliminating or severely restricting the collective bargaining rights of public-sector unions passed since 2011 are one of the most important developments in both workplace law and politics in recent memory. Among other things, public-sector workers now comprise more than half of all...
Persistent link: https://www.econbiz.de/10014155071
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular job security, in workers' well-being by exploiting sectorspecific institutional differences in...
Persistent link: https://www.econbiz.de/10003667024
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 …
Persistent link: https://www.econbiz.de/10009302182
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 …
Persistent link: https://www.econbiz.de/10013135824
probabilities between private and public employment, unemployment and inactivity. We examine the stocks and flows by gender, age and … unemployment rate. Public-sector employment contributes 20 percent to fluctuations in the unemployment rate in the UK, 15 percent …
Persistent link: https://www.econbiz.de/10012101955