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Probabilistic Projections of Public Employment and Expenditures

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  • Larry Schroeder

    (Syracuse University)

Abstract

Public sector labor expenditures depend upon the level and composition of employment as well as their associated wage rates. This article uses a Markov probability model to project the composition of employment across personnel grades and time-in-grade categories. The model can then be applied under alternative hiring policies. The approach is demonstrated on police employment and expenditures in Syracuse, New York.

Suggested Citation

  • Larry Schroeder, 1980. "Probabilistic Projections of Public Employment and Expenditures," Public Finance Review, , vol. 8(3), pages 259-276, July.
  • Handle: RePEc:sae:pubfin:v:8:y:1980:i:3:p:259-276
    DOI: 10.1177/109114218000800301
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    References listed on IDEAS

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    1. Edward M. Gramlich & Harvy Galper, 1973. "State and Local Fiscal Behavior and Federal Grant Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(1), pages 15-66.
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