Public and private sector wages interactions in a general equilibrium model

被引：25

作者：

Fernandez-de-Cordoba, Gonzalo ^{[2
]}

Perez, Javier J. ^{[1
]}

Torres, Jose L. ^{[2
]}

机构：

[1] Bank Spain, Madrid, Spain

[2] Univ Malaga, E-29071 Malaga, Spain

来源：

PUBLIC CHOICE | 2012年 / 150卷 / 1-2期

关键词：

Public wages; Public employment; Labor market; Trade unions; FISCAL-POLICY; GOVERNMENT EMPLOYMENT; POLITICAL FIRMS; EMPLOYEES; CYCLES; UNIONISM; BEHAVIOR;

D O I：

10.1007/s11127-010-9705-7

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

It is common wisdom that public sector wages are not determined in the same way as private sector wages. At the same time, the empirical evidence available for OECD countries finds a strong positive correlation between public and private sector wages. In this paper, we develop a model that is consistent with a political economy view of the determination of public sector wages and employment, while being consistent with the said empirical evidence. Public finance constraints are crucial: In booms, governments expand employment and wages, while in downturns, lack of tax revenues forces the government to cut back the wage bill.

引用

页码：309 / 326

页数：18