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
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
Geistige Schöpfung
(wer)
Gomes, Pedro Maia
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:46 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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gomes, Pedro Maia
  • Institute of Labor Economics (IZA)

Entstanden

  • 2017

Ähnliche Objekte (12)