Government Employment and Wages and Labor Market Performance

Government Employment and Wages and Labor Market Performance
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... READ MORE...

Publication date: April 1999
ISBN 9781451847604
$15.00

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