We investigate an agent-based model for the emergence of corruption in public contracts. Thereare two types of agents: business people and public servants. Both business people and publicservants can adopt two strategies: corrupt or honest behavior. Interactions between businesspeople and public...

This article provides an overview of the impact of public sector pay and employment cutbacks in EU countries and discusses their justifi cation as part of austerity packages. It begins with the outcomes in the countries first hit by the economic crisis before discussing the impact of the crisis...

This paper investigates the public sector wage premium in the UK using a microfounded eco-nomic model and indirect inference. The neoclassical wage determination model is tested and estimated without introducing any gap between the theoretical and empirical models. To test if the model is true,...