Why do lazy people make more money? : the strange case of the public sector wage premium

Ugo Panizza (Office of the Chief Economist, Inter-American Development Bank)

Empirical work suggests the presence of a public sector wage premium, the reasons for which are investigated in this paper. The results demonstrate a higher premium paid to women and premium decreases concurrent with skills. Job security undermines the incentive to work hard and forces the public sector to pay higher wages. Thus, the public sector wage premium can be used as an indicator of inefficiency in the public sector.

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Year of publication:	1999 ; (This version August, 1999)
Authors:	Panizza, Ugo
Publisher:	Washington, D.C. : Inter-American Development Bank
Subject:	Efficiency Wages \| Public Sector Labor Market \| Lohn \| Wages \| Öffentlicher Sektor \| Public sector \| Effizienzlohn \| Efficiency wages \| Theorie \| Theory \| Lateinamerika \| Latin America \| OECD-Staaten \| OECD countries

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Extent:	1 Online-Ressource (circa 24 Seiten)
Series:	Working papers series / Office of the Chief Economist, Inter-American Development Bank. - Washington, DC : Inter-American Development Bank, ZDB-ID 2744815-0. - Vol. 403
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/87913 [Handle]
Classification:	H50 - National Government Expenditures and Related Policies. General ; J45 - Public Sector Labor Markets
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011542891