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 …

-search strategies and employment histories, and identify how any differences vary over the business cycle. We find systematic …

national employment levels. However, economic research suggests that these effects are uncertain and critically depend on how … 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. …