| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14321 |
| DP14321 Public Employment Redux | |
| Pietro Garibaldi; Pedro Gomes; Thepthida Sopraseuth | |
| 发表日期 | 2020-01-16 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | The public sector hires disproportionately more educated workers. Using US microdata, we show that the education bias also holds within industries and in two thirds of 3-digit occupations. To rationalize this finding, we propose a model of private and public employment based on two features. First, alongside a perfectly competitive private sector, a cost-minimizing government acts with a wage schedule that does not equate supply and demand. Second, our economy features heterogeneity across individuals and jobs, and a simple sorting mechanism that generates underemployment -- educated workers performing unskilled jobs. The equilibrium model is parsimonious and is calibrated to match key moments of the US public and private sectors. We find that the public-sector wage differential and excess underemployment account for 15 percent of the education bias, with the remaining accounted for by technology. In a counterintuitive fashion, we find that more wage compression in the public sector raises inequality in the private sector. A 1 percent increase in unskilled public wages raises skilled private wages by 0.07 percent and lowers unskilled private wages by 0.06 percent. |
| 主题 | Labour Economics ; Public Economics |
| 关键词 | Public-sector employment Public-sector wage Underemployment Education |
| URL | https://cepr.org/publications/dp14321 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543213 |
| 推荐引用方式 GB/T 7714 | Pietro Garibaldi,Pedro Gomes,Thepthida Sopraseuth. DP14321 Public Employment Redux. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
