Arbeitspapier
Heterogeneity and the Public Sector Wage Policy
A model with search and matching frictions and heterogeneous workers was established to evaluate a reform of the public sector wage policy in steady-state. The model was calibrated to the UK economy based on Labour Force Survey data. A review of the pay received by all public sector workers to align the distribution of wages with the private sector reduces steady-state unemployment by 1.4 percentage points.
- Sprache
-
Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 11091
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Fiscal Policy
Public Sector Labor Markets
- Thema
-
public sector employment
public sector wages
public sector wage premium
unemployment
skilled workers
worker heterogeneity
- Ereignis
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Geistige Schöpfung
- (wer)
-
Gomes, Pedro Maia
- Ereignis
-
Veröffentlichung
- (wer)
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Institute of Labor Economics (IZA)
- (wo)
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Bonn
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Gomes, Pedro Maia
- Institute of Labor Economics (IZA)
Entstanden
- 2017