Public sector wage policy and labor market equilibrium: a structural model
We develop and estimate a structural model that incorporates a sizable public sector in a labor market with search frictions. The wage distribution and the employment rate in the public sector are taken as exogenous policy parameters. Overall wage distribution and employment rate are determined with...
| Main Authors: | , , |
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| Format: | Article |
| Published: |
Oxford University Press
2017
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| Online Access: | https://eprints.nottingham.ac.uk/46851/ |