Arbeitspapier
Interactions between private and public sector wages
We analyse the interactions between public and private sector wages per employee in OECD countries. We motivate the analysis with a dynamic labour market equilibrium model with search and matching frictions to study the effects of public sector employment and wages on the labour market, particularly on private sector wages. Our empirical evidence shows that the growth of public sector wages and of public sector employment positively affects the growth of private sector wages. Moreover, total factor productivity, the unemployment rate, hours per worker, and inflation, are also important determinants of private sector wage growth. With respect to public sector wage growth, we find that, in addition to some market related variables, it is also influenced by fiscal conditions.
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Working Paper ; No. 971
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Fiscal Policy
National Government Expenditures and Related Policies: General
- Thema
-
employment
private wages
public wages
Vergütungssystem im öffentlichen Dienst
Lohn
Privatwirtschaft
Lohnniveau
Vergütungssystem
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Afonso, António
Gomes, Pedro
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Afonso, António
- Gomes, Pedro
- European Central Bank (ECB)
Entstanden
- 2008
Ähnliche Objekte (12)
Interactions between private and public sector wages
A Note on Public Spending Efficiency
Are Fiscal Consolidation Episodes Helpful for Public Sector Efficiency?
Public sector efficiency: evidence for new EU member states and emerging markets
Public sector efficiency: an international comparison
Public Finances Solvency in the Euro Area: True or False?
Excess burden and the cost of inefficiency in public services provision
3-Step analysis of public finances sustainability: the case of the European Union
3-step analysis of public finances sustainability: the case of the European Union
Is Public Investment in Construction and in R&D, Growth Enhancing? A PVAR Approach
Public and private inputs in aggregate production and growth: a cross-country efficiency approach
Public sector efficiency: evidence for new EU member states and emerging markets
Interactions between private and public sector wages
A Note on Public Spending Efficiency
Are Fiscal Consolidation Episodes Helpful for Public Sector Efficiency?
Public sector efficiency: evidence for new EU member states and emerging markets
Public sector efficiency: an international comparison
Public Finances Solvency in the Euro Area: True or False?
Excess burden and the cost of inefficiency in public services provision
3-Step analysis of public finances sustainability: the case of the European Union
3-step analysis of public finances sustainability: the case of the European Union
Is Public Investment in Construction and in R&D, Growth Enhancing? A PVAR Approach
Public and private inputs in aggregate production and growth: a cross-country efficiency approach
Public sector efficiency: evidence for new EU member states and emerging markets
Interactions between private and public sector wages
A Note on Public Spending Efficiency
Are Fiscal Consolidation Episodes Helpful for Public Sector Efficiency?
Public sector efficiency: evidence for new EU member states and emerging markets
Public sector efficiency: an international comparison
Public Finances Solvency in the Euro Area: True or False?
Excess burden and the cost of inefficiency in public services provision
3-Step analysis of public finances sustainability: the case of the European Union
3-step analysis of public finances sustainability: the case of the European Union
Is Public Investment in Construction and in R&D, Growth Enhancing? A PVAR Approach
Public and private inputs in aggregate production and growth: a cross-country efficiency approach