Government wage, benefit, and employment decisions are not taken on a profit-maximizing basis, and have a substantial … impact on aggregate labour market performance and unemployment. In a two-sector labour market model with free mobility of … labour, an increase in government wages or benefits reduces private sector employment, and government employment is not an …

, employment-exit rates, and job-to-job transition rates) are two to three times higher in the poorest as compared with the richest … countries. Second, employment hazards in poorer countries decline more sharply with tenure; much of their high turnover can be …

We develop and empirically test a labor market model with Public Employment Agencies (PEA) in order to understand why …

We develop and empirically test a labor market model with Public Employment Agencies (PEA) in order to understand why …