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Author:Quadrini, V.
Trigari, A.
Title:Public employment and the business cycle
Journal:Scandinavian Journal of Economics
2007 : VOL. 109:4, p. 723-742
Index terms:labour markets
public sector
employment
job search
volatility
business cycles
models
Language:eng
Abstract:In order to study the business cycle impact of public wage and employment (here as: empl.) policies, this study adds a public empl. sector to the basic search and matching model. It is found that the presence of the public sector increases the volatility of empl. and output.
SCIMA record nr: 267505
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