study the labour market effects of public sector employment and wages. Public sector wages plays an important role in … cycle fluctuations of the labour market variables. -- public sector employment ; public sector wages ; unemployment ; fiscal … achieving the efficient allocation. High wages induce too many unemployed to queue for public sector jobs, while if they are low …

study the labour market effects of public sector employment and wages. Public sector wages plays an important role in … achieving the efficient allocation. High wages induce too many unemployed to queue for public sector jobs, while if they are low … friction parameters. In response to technology shocks, it is optimal to have procyclical public sector wages. Deviations from …

of unskilled labour rises. We next find that vacancy subsidies work to increase employment and returns to unskilled … workers. However, unemployment for skilled workers rises and skilled wages and labour income fall in the short-run. We finally … show that it is possible to increase skilled vacancy subsidies to nullify the negative effects on skilled employment …

employment, and reducing inequality through more egalitarian income distribution. Over the past 30 years, developing countries … have failed to increase their real wages due to the lack of domestic value-added in the era of globalization, where global … economic recovery. However, the recovery has been accompanied by a decrease in real wages of the middle class. The purpose of …

and Wages (QCEW) data on earnings and employment, the earnings of an average worker in Florida will increase as much as …) econometric approach that identifies the effects of shocks resulting from hurricanes. Based on the Quarterly Census of Employment … counties; however, this is coupled with a slower growth rate in employment. Powerful hurricanes have greater effects than their …