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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kontolemis, Zenon
Weitere Verfasser: Demekas, Dimitri
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1999.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1999/055
Online Zugang:Full text available on IMF
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100 1 |a Kontolemis, Zenon. 
245 1 0 |a Government Employment and Wages and Labor Market Performance /  |c Zenon Kontolemis, Dimitri Demekas. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (29 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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 employment is not an effective counter-cyclical instrument. Empirical tests for Greece confirm that the expansion of the public sector in the 1980s contributed to the deterioration of labor market performance. 
538 |a Mode of access: Internet 
700 1 |a Demekas, Dimitri. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/055 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1999/055/001.1999.issue-055-en.xml  |z IMF e-Library