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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. |
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