Arbeitspapier
Labour Market Flows: Accounting for the Public Sector
For the period between 2003 and 2018, we document a number of facts about worker gross flows in France, the United Kingdom, Spain and the United States, focussing on the role of the public sector. Using the French, Spanish and UK Labour Force Survey and the US Current Population Survey data, we examine the size and cyclicality of the flows and transition probabilities between private and public employment, unemployment and inactivity. We examine the stocks and flows by gender, age and education. We decompose contributions of private and public job-finding and job-separation rates to fluctuations in the unemployment rate. Public-sector employment contributes 20 percent to fluctuations in the unemployment rate in the UK, 15 percent in France and 10 percent in Spain and the US. Private-sector workers would forgo 0.5 to 2.9 percent of their wage to have the same job security as public-sector workers.
- Sprache
-
Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 12579
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Business Fluctuations; Cycles
Labor Force and Employment, Size, and Structure
Public Sector Labor Markets
Mobility, Unemployment, Vacancies, and Immigrant Workers: General
- Thema
-
job-separation rate
job-finding rate
worker gross flows
public sector
public-sector employment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fontaine, Idriss
Galvez-Iniesta, Ismael
Gomes, Pedro Maia
Vila-Martin, Diego
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Fontaine, Idriss
- Galvez-Iniesta, Ismael
- Gomes, Pedro Maia
- Vila-Martin, Diego
- Institute of Labor Economics (IZA)
Entstanden
- 2019