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.

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Year of publication:	2017
Authors:	Albrecht, James ; Robayo-Abril, Monica ; Vroman, Susan
Publisher:	Bonn : Institute of Labor Economics (IZA)
Subject:	public sector \| search and matching \| wages \| unemployment

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Series:	IZA Discussion Papers ; 10467
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	879480920 [GVK] hdl:10419/161090 [Handle] RePEc:iza:izadps:dp10467 [RePEc]
Classification:	J45 - Public Sector Labor Markets ; J64 - Unemployment: Models, Duration, Incidence, and Job Search ; D83 - Search, Learning, Information and Knowledge
Source:	EconStor

Persistent link: https://www.econbiz.de/10011653195