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This paper develops a dynamic general equilibrium model with three distinct social groups, capitalists, private workers and public employees. After solving for the status quo equilibrium, which can mimic the advantages of employment in the public sector in most EU countries, the paper looks for...
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"This insider's perspective on the federal workforce demystifies the myth of the underworked and overcompensated employee, examines workers' daily challenges, and considers the future of government work and its workers"--
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