How Public Sector Pay and Employment Affect Labor Markets

How Public Sector Pay and Employment Affect Labor Markets PDF Author: Gail Stevenson
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 44

Get Book Here

Book Description
The role of the public sector-theory and stylized facts; The public sector-paradigm lost; Empirical studies.

The Labor Market and Economic Adjustment

The Labor Market and Economic Adjustment PDF Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451854781
Category : Business & Economics
Languages : en
Pages : 98

Get Book Here

Book Description
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.

Labor in the Public and Nonprofit Sectors

Labor in the Public and Nonprofit Sectors PDF Author: Daniel S. Hamermesh
Publisher: Princeton University Press
ISBN: 1400872014
Category : Business & Economics
Languages : en
Pages : 288

Get Book Here

Book Description
Originally presented at a Conference on Labor in Nonprofit Industry and Government held at Princeton University, these studies are the first to provide an economic discussion of the public sector labor market. Melvin Reder examines the effect of the absence of the profit motive on employment and wage determination in the public sector. Orley Ashenfelter and Ronald Ehrenberg estimate the elasticities of demand for various types of labor employed by state and local governments. Theoretical ideas about behavior in nonprofit industries are employed by Richard Freeman to study the higher education industry. John Burton and Charles Krider try to predict the incidence of strikes in the public sector, while Donald Frey presents a model of the behavior of school boards in hiring faculty. The magnitude of the extra wage received by unionized public employees is compared by Daniel Hamermesh to that of private unionized workers in the same occupation. Originally published in 1975. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

When Public Sector Workers Unionize

When Public Sector Workers Unionize PDF Author: Richard B. Freeman
Publisher: University of Chicago Press
ISBN: 0226261832
Category : Business & Economics
Languages : en
Pages : 444

Get Book Here

Book Description
In the 1980s, public sector unionism has become the most vibrant component of the American labor movement. What does this new "look" of organized labor mean for the economy? Do labor-management relations in the public sector mirror patterns in the private, or do they introduce a novel paradigm onto the labor scene? What can the private sector learn from the success of collective bargaining in the public? Contributors to When Public Sector Workers Unionize—which was developed from the NBER's program on labor studies—examine these and other questions using newly collected data on public sector labor laws, labor relations practices of state and local governments, and labor market outcomes. Topics considered include the role, effect, and evolution of public sector labor law and the effects that public sector bargaining has on both wage and nonwage issues. Several themes emerge from the studies in this volume. Most important, public sector labor law has a strong and pervasive effect on bargaining and on wage and employment outcomes in public sector labor markets. Also, public sector unionism affects the economy in ways that are different from, and in many cases opposite to, the ways private sector unionism does, appearing to stimulate rather than reduce employment, reducing rather than increasing layoff rates, and developing innovate ways to settle labor disputes such as compulsory interest arbitration instead of strikes and lockouts found in the private sector.

Labor Markets, Employment Policy, And Job Creation

Labor Markets, Employment Policy, And Job Creation PDF Author: Lewis C. Solmon
Publisher: Routledge
ISBN: 0429723601
Category : Political Science
Languages : en
Pages : 394

Get Book Here

Book Description
This clear, accessible volume provides a comprehensive overview of the ongoing debate over the determining factors of and key influences on employment growth and labor market training, education, and related policies in the United States. Drawing on the work of distinguished labor economists, the chapters tackle questions posed by job and skill demands in the "new high-tech economy" and explore sources of employment growth; productivity growth and its implications for future employment; government mandates, labor costs, and employment; and labor force demographics, income inequality, and returns to human capital. These topics are central concerns for government, which must judge every prospective policy proposal by its effects on employment growth. Washington keeps at least one eye firmly on the jobs picture, and public officials at every level are constantly aware of the issues surrounding American job security. The jobs issue reaches beyond this focus on the unemployment rate and on total employment, including the rate at which employment is seen as growing, the growth of real wages, the security of employment, returns to human capital, uncertainty about the education and training best suited for a world of rapidly changing economic conditions, and the distribution of the gains from growth across economic classes and population groups.

Government Employment and Wages and Labor Market Performance

Government Employment and Wages and Labor Market Performance PDF Author: Mr.Dimitri G. Demekas
Publisher: International Monetary Fund
ISBN: 1451847602
Category : Business & Economics
Languages : en
Pages : 30

Get Book Here

Book Description
Government wage, benefit, and employment decisions are not taken on a profit-maximizing basis and have a substantial impact on aggregate labor market performance and unemployment. In a two-sector labor market model with free mobility of labor, an increase in government wages or benefits reduces private sector employment, and government employment is not an effective counter-cyclical instrument. Empirical tests for Greece confirm that the expansion of the public sector in the 1980s contributed to the deterioration of labor market performance.

Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries

Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries PDF Author: Ara Stepanyan
Publisher: International Monetary Fund
ISBN: 1498316212
Category : Business & Economics
Languages : en
Pages : 24

Get Book Here

Book Description
Many governments have initiated public employment programs or expanded the existing ones in response to high unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment. This paper explores the question of whether public employment gives rise to distortions in the labor market in the medium to long-run. Our findings do not provide any evidence that public employment reduces unemployment rate. The analysis in this paper shows that large public employment does significantly affect labor market outcomes in middle-income countries and leads to job destruction in the private sector. The extent of the impact is largely influenced by the degree of substitutability between public and private production and the size of the rents in the public sector.

Lewis Through a Looking Glass

Lewis Through a Looking Glass PDF Author: Alan H. Gelb
Publisher: World Bank Publications
ISBN:
Category : Crecimiento economico
Languages : en
Pages : 39

Get Book Here

Book Description


Public Sector Payrolls

Public Sector Payrolls PDF Author: David A. Wise
Publisher: University of Chicago Press
ISBN: 0226903303
Category : Political Science
Languages : en
Pages : 340

Get Book Here

Book Description
An estimated one out of five employees in this country works for some branch of government. Because policies concerning the compensation of these employees rest on assumptions about the economic dynamics of the public sector, the issue of public sector employment is of vital importance in the analysis of the national economy. In Public Sector Payrolls, leading economists explore the independent and interdependent functioning of the public and private sectors and their effect on the economy as a whole. The volume, developed from a 1984 National Bureau of Economic Research conference, focuses on various labor issues in military and other governmental employment. Several contributors discuss compensation in the armed forces and its relationship to that in the private sector, as well as the interaction between the military and the private sector in the employment of youth. This latter is of particular interest because studies of youth employment have generally ignored the important influence of military hiring practices on labor market conditions. In other contributions, the response of wages and employment in the public sector to economic conditions is analyzed, and a detailed study of government pension plans is presented. Also included is a theoretical and empirical analysis of comparable worth in the public sector from the viewpoint of analytical labor economics. The volume concludes with a look at public school teachers' salaries in the context of current debates over improving the quality of American education. A valuable resource to policymakers, Public Sector Payrolls will be an important addition to research in the field of labor economics.

You're the One that i Want!

You're the One that i Want! PDF Author: Pedro Gomes
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
In most countries, the public sector hires disproportionally more women than men. We document gender differences in employment, transition probabilities, hours, and wages in the public and private sector using microdata for the United States, the United Kingdom, France, and Spain. We then build a search and matching model where men and women decide if to participate and if to enter private or public sector labor markets. We calibrate our model separately to the four countries. Running counterfactual experiments, we quantify whether the selection of women into the public sector is driven by: (i) lower gender wage gaps and thus relatively higher wages for women in the public sector, (ii) possibilities of better conciliation of work and family life for public sector workers, (iii) greater job security in the public compared to the private sector, or (iv) intrinsic preferences for public sector occupations. We find that, quantitatively, women's higher public sector wage premia and their preferences for working in the public sector explain most of the selection. We calculate the monetary value of public sector job security and work-life balance premia, for both men and women, and we estimate how higher public sector wages and employment affect male and female unemployment, inactivity rates, and wages differently.