Arbeitspapier

Public-Sector Employment in an Equilibrium Search and Matching Model

We extend the Diamond-Mortensen-Pissarides model of equilibrium unemployment to incorporate public-sector employment. We calibrate our model to Colombian data and analyze the effects of public-sector wage and employment policy on the unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the two sectors.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 10467

Classification
Wirtschaft
Public Sector Labor Markets
Unemployment: Models, Duration, Incidence, and Job Search
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Subject
public sector
search and matching
wages
unemployment

Event
Geistige Schöpfung
(who)
Albrecht, James
Robayo-Abril, Monica
Vroman, Susan
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2017

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Albrecht, James
  • Robayo-Abril, Monica
  • Vroman, Susan
  • Institute of Labor Economics (IZA)

Time of origin

  • 2017

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