use it to (i) calculate three dimensions of public-sector compensation: wage, pension, and job-security premia, and (ii …) quantify the effects of harmonizing the compensation in the two sectors. We find that the job-security and pension's premia are …The size of the public sector in terms of employment and compensation has a strong life-cycle dimension. We establish a …

public wages are determined. Rigid public sector wages lead to perverse effects on private employment, while flexible public … wages lead to a stabilizing effect. Public employment also has important productivity and redistributive effects. …

retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … retirement program for women born after 1951, effectively raising the ERA for women by three years. We analyze the effects of … this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …

retirement age (ERA). Raising the ERA has the potential to extend contribution periods and to reduce the number of pension … retirement program for women born after 1951, effectively raising the ERA for women by three years. We analyze the effects of … this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …