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.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 12579

Classification
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
Subject
job-separation rate
job-finding rate
worker gross flows
public sector
public-sector employment

Event
Geistige Schöpfung
(who)
Fontaine, Idriss
Galvez-Iniesta, Ismael
Gomes, Pedro Maia
Vila-Martin, Diego
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2019

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Fontaine, Idriss
  • Galvez-Iniesta, Ismael
  • Gomes, Pedro Maia
  • Vila-Martin, Diego
  • Institute of Labor Economics (IZA)

Time of origin

  • 2019

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