Lamo, Ana; Moral-Benito, Enrique; Pérez, Javier J.
pueden racionalizar estos hallazgos ; We empirically analyse the impact of public employment and public wages shocks on … unemployment slack is key for determining: (i) whether public employment crowds out private employment, and (ii) the degree and …, public wage adjustment has lower output costs than public employment cuts for the Spanish case, while the opposite occurs at …