Economics, Econometrics and Finance
4 years ago

Government wages impact private sector jobs, worsen labor market performance.

RePEc: Research Papers in Economics
Government Employment and Wages and Labor Market Performance
Zenon G. Kontolemis, Dimitri G. Demekas

Paper Summary

Government decisions on wages and employment impact the job market. When government wages and benefits go up, private sector jobs go down. Government jobs don't help during economic downturns. In Greece, more public sector jobs in the 1980s made the job market worse.

Related papers

Economics, Econometrics and Finance
4 years ago

Real wage growth in South Africa suppresses job creation, study finds.

Labor Dynamics
Firm Dynamics
Okun's Law
1 view
Economics, Econometrics and Finance
4 years ago

Public sector wage growth boosts private sector wages in OECD countries.

Labor Dynamics
Public Finance
Infrastructure Impact
1 view
Economics, Econometrics and Finance
4 years ago

Public sector wage reform slashes unemployment by 1.4 percentage points!

Labor Dynamics
Financialization
Macroeconomic Trends