Titelaufnahme

Titel
Heterogeneity and the public sector wage policy / Pedro Gomes (Universidad Carlos III de Madrid, Birkbeck, University of London and IZA) ; IZA Institute of Labor Economics
VerfasserGomes, Pedro In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, October 2017
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (30, vi Seiten) : Diagramme
SerieDiscussion paper ; no. 11091
URNurn:nbn:de:hbz:5:2-140875 Persistent Identifier (URN)
Zugriffsbeschränkung
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Volltexte
Heterogeneity and the public sector wage policy [0.55 mb]
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Zusammenfassung

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.