Heterogeneity and the public sector wage policy
"A model with search and matching frictions and heterogeneous workers was established to evaluate a reform of the public sector wage policy in steady-state. The model was calibrated to the UK economy based on Labour Force Survey data. A review of the pay received by all public sector workers to...
Main Author: | |
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Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Bonn
2017
IZA |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19395576124911137589-Heterogeneity-and-the-public-s.htm |
_version_ | 1771659901754408962 |
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author | Gomes, Pedro Maia |
author_facet | Gomes, Pedro Maia |
collection | Library items |
description | "A model with search and matching frictions and heterogeneous workers was established to evaluate a reform of the public sector wage policy in steady-state. The model was calibrated to the UK economy based on Labour Force Survey data. A review of the pay received by all public sector workers to align the distribution of wages with the private sector reduces steady-state unemployment by 1.4 percentage points." |
format | TEXT |
geographic | United Kingdom |
id | 19395576124911137589_85306daf241d4e1b8d10409a7e6111ef |
institution | ETUI-European Trade Union Institute |
is_hierarchy_id | 19395576124911137589_85306daf241d4e1b8d10409a7e6111ef |
is_hierarchy_title | Heterogeneity and the public sector wage policy |
language | English |
physical | 30 p. Digital |
publishDate | 2017 |
publisher | Bonn IZA |
spellingShingle | Gomes, Pedro Maia wage policy public sector unemployment wage rate Heterogeneity and the public sector wage policy |
thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=131170295935 |
title | Heterogeneity and the public sector wage policy |
topic | wage policy public sector unemployment wage rate |
url | https://www.labourline.org/KENTIKA-19395576124911137589-Heterogeneity-and-the-public-s.htm |