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 priv...

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Bibliographic Details
Main Author: Kontolemis, Zenon
Other Authors: Demekas, Dimitri
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/055
Online Access:Full text available on IMF