Public Wages, Public Employment, and Business Cycle Volatility: Evidence from U.S. Metro Areas
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Claire Boeing-Reicher & Vincenzo Caponi, 2024. "Public wages, public employment, and business cycle volatility: Evidence from U.S. metro areas," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 53, July.
References listed on IDEAS
- Fatas, Antonio & Mihov, Ilian, 2001.
"Government size and automatic stabilizers: international and intranational evidence,"
Journal of International Economics, Elsevier, vol. 55(1), pages 3-28, October.
- Fatás, Antonio & Mihov, Ilian, 1999. "Government Size and Automatic Stabilizers: International and Intranational Evidence," CEPR Discussion Papers 2259, C.E.P.R. Discussion Papers.
- James Albrecht & Monica Robayo-Abril & Susan Vroman, 2019.
"Public-sector Employment in an Equilibrium Search and Matching Model,"
The Economic Journal, Royal Economic Society, vol. 129(617), pages 35-61.
- Susan Vroman & Lucas Navarro & James Albrecht, 2011. "Public Sector Employment in an Equilibrium Search and Matching Model," 2011 Meeting Papers 390, Society for Economic Dynamics.
- Albrecht, James & Robayo-Abril, Monica & Vroman, Susan, 2017. "Public-Sector Employment in an Equilibrium Search and Matching Model," IZA Discussion Papers 10467, Institute of Labor Economics (IZA).
- Susan Vroman & Monica Robayo-Abril & James Albrecht, 2016. "Public Sector Employment in an Equilibrium Search and Matching Model," 2016 Meeting Papers 311, Society for Economic Dynamics.
- repec:hal:spmain:info:hdl:2441/23tsoiu9ve8lubqe4pa2of8d7d is not listed on IDEAS
- Burdett, Ken, 2012. "Towards a theory of the labor market with a public sector," Labour Economics, Elsevier, vol. 19(1), pages 68-75.
- Vincenzo Quadrini & Antonella Trigari, 2007. "Public Employment and the Business Cycle," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(4), pages 723-742, December.
- Burdett, Kenneth & Mortensen, Dale T, 1998. "Wage Differentials, Employer Size, and Unemployment," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(2), pages 257-273, May.
- George J. Borjas, 2002. "The Wage Structure and the Sorting of Workers into the Public Sector," NBER Working Papers 9313, National Bureau of Economic Research, Inc.
- Silva, José Ignacio & Toledo, Manuel, 2009.
"Labor Turnover Costs And The Cyclical Behavior Of Vacancies And Unemployment,"
Macroeconomic Dynamics, Cambridge University Press, vol. 13(S1), pages 76-96, May.
- Manuel Toledo & Jose I. Silva, 2005. "Labor Turnover Costs and the Cyclical Behavior of Vacancies and Unemployment," 2005 Meeting Papers 775, Society for Economic Dynamics.
- Justin Falk, 2012. "Comparing Benefits and Total Compensation in the Federal Government and the Private Sector: Working Paper 2012-04," Working Papers 42923, Congressional Budget Office.
- Caponi, Vincenzo, 2017.
"Public employment policies and regional unemployment differences,"
Regional Science and Urban Economics, Elsevier, vol. 63(C), pages 1-12.
- Caponi, Vincenzo, 2014. "Public Employment Policies and Regional Unemployment Differences," IZA Discussion Papers 8511, Institute of Labor Economics (IZA).
- Reicher, Claire, 2014. "A set of estimated fiscal rules for a cross-section of countries: Stabilization and consolidation through which instruments?," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 184-198.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Fontaine, Idriss & Gálvez-Iniesta, Ismael & Gomes, Pedro & Vila-Martin, Diego, 2020.
"Labour market flows: Accounting for the public sector,"
Labour Economics, Elsevier, vol. 62(C).
- Fontaine, Idriss & Galvez-Iniesta, Ismael & Gomes, Pedro Maia & Vila-Martin, Diego, 2019. "Labour Market Flows: Accounting for the Public Sector," IZA Discussion Papers 12579, Institute of Labor Economics (IZA).
- Idriss Fontaine & Ismael Gálvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2020. "Labour market flows: Accounting for the public sector," Post-Print hal-03665961, HAL.
- Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows : Accounting for the public sector," Working Papers hal-02334064, HAL.
- Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows: Accounting for the public sector," Discussion Papers 1919, Centre for Macroeconomics (CFM).
- Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows: accounting for the public sector," Working Papers hal-03665955, HAL.
- Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows: Accounting for the public sector," TEPP Working Paper 2019-02, TEPP.
- Caponi, Vincenzo, 2017.
"Public employment policies and regional unemployment differences,"
Regional Science and Urban Economics, Elsevier, vol. 63(C), pages 1-12.
- Caponi, Vincenzo, 2014. "Public Employment Policies and Regional Unemployment Differences," IZA Discussion Papers 8511, Institute of Labor Economics (IZA).
- Vincenzo Caponi, 2017. "The effects of public sector employment on the economy," IZA World of Labor, Institute of Labor Economics (IZA), pages 332-332, January.
- Alberto Chong & Angelo Cozzubo, 2019. "Perverse Incentives? Labor Market Regulation and Performance in the Public Sector," Southern Economic Journal, John Wiley & Sons, vol. 86(1), pages 271-285, July.
- Rattsø, Jørn & Stokke, Hildegunn E., 2019.
"Identification of the private-public wage gap,"
Labour Economics, Elsevier, vol. 59(C), pages 153-163.
- Jørn Rattsø & Hildegunn E.Stokke, 2018. "Identification of the private-public wage gap," Working Paper Series 17418, Department of Economics, Norwegian University of Science and Technology.
- Nalban, Valeriu & Smădu, Andra, 2021. "The interaction between private sector and public sector labor markets: Evidence from Romania," Economic Modelling, Elsevier, vol. 94(C), pages 804-821.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Geromichalos, Athanasios & Kospentaris, Ioannis, 2022.
"The unintended consequences of meritocratic government hiring,"
European Economic Review, Elsevier, vol. 144(C).
- Athanasios Geromichalos & Ioannis Kospentaris, 2020. "The Unintended Consequences of Meritocratic Government Hiring," Working Papers 335, University of California, Davis, Department of Economics.
- Jofre-Monseny, Jordi & Silva, José I. & Vázquez-Grenno, Javier, 2020.
"Local labor market effects of public employment,"
Regional Science and Urban Economics, Elsevier, vol. 82(C).
- Jordi Jofre-Monseny & José I. Silva & Javier Vázquez-Grenno, 2016. "Local labor market effects of public employment," Working Papers XREAP2016-05, Xarxa de Referència en Economia Aplicada (XREAP), revised Nov 2016.
- Javier Vázquez-Grenno & Jordi Jofre-Monseny & José I. Silva, 2016. "Local labor market effects of public employment," Working Papers 2016/11, Institut d'Economia de Barcelona (IEB).
- Pedro Gomes, 2018.
"Heterogeneity And The Public Sector Wage Policy,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 59(3), pages 1469-1489, August.
- Gomes, Pedro Maia, 2017. "Heterogeneity and the Public Sector Wage Policy," IZA Discussion Papers 11091, Institute of Labor Economics (IZA).
- Andri Chassamboulli & Pedro Gomes, 2018. "Meritocracy, Public-Sector Pay and Human Capital Accumulation," University of Cyprus Working Papers in Economics 08-2018, University of Cyprus Department of Economics.
- Fontaine, Idriss & Gálvez-Iniesta, Ismael & Gomes, Pedro & Vila-Martin, Diego, 2020.
"Labour market flows: Accounting for the public sector,"
Labour Economics, Elsevier, vol. 62(C).
- Fontaine, Idriss & Galvez-Iniesta, Ismael & Gomes, Pedro Maia & Vila-Martin, Diego, 2019. "Labour Market Flows: Accounting for the Public Sector," IZA Discussion Papers 12579, Institute of Labor Economics (IZA).
- Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows: Accounting for the public sector," Discussion Papers 1919, Centre for Macroeconomics (CFM).
- Idriss Fontaine & Ismael Gálvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2020. "Labour market flows: Accounting for the public sector," Post-Print hal-03665961, HAL.
- Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows : Accounting for the public sector," Working Papers hal-02334064, HAL.
- Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows: accounting for the public sector," Working Papers hal-03665955, HAL.
- Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows: Accounting for the public sector," TEPP Working Paper 2019-02, TEPP.
- Andri Chassamboulli & Pedro Gomes, 2019. "Public-Sector Employment, Wages and Human Capital Accumulation," University of Cyprus Working Papers in Economics 07-2019, University of Cyprus Department of Economics.
- Chassamboulli, Andri & Gomes, Pedro, 2023.
"Public-sector employment, wages and education decisions,"
Labour Economics, Elsevier, vol. 82(C).
- Chassamboulli, Andri & Gomes, Pedro Maia, 2023. "Public-Sector Employment, Wages and Education Decisions," IZA Discussion Papers 16001, Institute of Labor Economics (IZA).
- Lucas Navarro & Mauricio Tejada, 2022.
"Does Public Sector Employment Buffer the Minimum Wage Effects?,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 168-196, January.
- Lucas Navarro & Mauricio Tejada, 2021. "Code and data files for "Does Public Sector Employment Buffer the Minimum Wage Effects?"," Computer Codes 20-43, Review of Economic Dynamics.
- Andri Chassamboulli & Pedro Gomes, 2021.
"Jumping the queue: nepotism and public-sector pay,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 39, pages 344-366, January.
- Andri Chassamboulli & Pedro Gomes, 2019. "Jumping the Queue: Nepotism and Public-Sector Pay," University of Cyprus Working Papers in Economics 08-2019, University of Cyprus Department of Economics.
- Chassamboulli, Andri & Gomes, Pedro Maia, 2020. "Jumping the Queue: Nepotism and Public-Sector Pay," IZA Discussion Papers 13086, Institute of Labor Economics (IZA).
- Bettoni, Luis G. & Santos, Marcelo R., 2022. "Public sector employment and aggregate fluctuations," Journal of Macroeconomics, Elsevier, vol. 72(C).
- Etienne Lalé, 2019.
"Search and Multiple Jobholding,"
Upjohn Working Papers
19-305, W.E. Upjohn Institute for Employment Research.
- Étienne Lalé, 2022. "Search and Multiple Jobholding," CIRANO Working Papers 2022s-28, CIRANO.
- Lalé, Etienne, 2019. "Search and Multiple Jobholding," IZA Discussion Papers 12294, Institute of Labor Economics (IZA).
- Koenig, Felix & Manning, Alan & Petrongolo, Barbara, 2014.
"Reservation wages and the wage flexibility puzzle,"
LSE Research Online Documents on Economics
60613, London School of Economics and Political Science, LSE Library.
- Felix Koenig & Alan Manning & Barbara Petrongolo, 2016. "Reservation Wages and the Wage Flexibility Puzzle," Working Papers 787, Queen Mary University of London, School of Economics and Finance.
- Koenig, Felix & Manning, Alan & Petrongolo, Barbara, 2016. "Reservation Wages and the Wage Flexibility Puzzle," IZA Discussion Papers 9717, Institute of Labor Economics (IZA).
- Felix Koenig & Alan Manning & Barbara Petrongolo, 2016. "Reservation wages and the wage flexibility puzzle," CEP Discussion Papers dp1406, Centre for Economic Performance, LSE.
- Koenig, Felix & Manning, Alan & Petrongolo, Barbara, 2016. "Reservation wages and the wage flexibility puzzle," CEPR Discussion Papers 11109, C.E.P.R. Discussion Papers.
- Koenig, Felix & Manning, Alan & Petrongolo, Barbara, 2016. "Reservation wages and the wage flexibility puzzle," LSE Research Online Documents on Economics 66417, London School of Economics and Political Science, LSE Library.
- Isabel Cairó & Tomaz Cajner, 2018.
"Human Capital and Unemployment Dynamics: Why More Educated Workers Enjoy Greater Employment Stability,"
Economic Journal, Royal Economic Society, vol. 128(609), pages 652-682, March.
- Tomaz Cajner & Isabel Cairo, 2011. "Human Capital and Unemployment Dynamics: Why More Educated Workers Enjoy Greater Employment Stability," 2011 Meeting Papers 1145, Society for Economic Dynamics.
- Isabel Cairó & Tomaz Cajner, 2014. "Human Capital and Unemployment Dynamics: Why More Educated Workers Enjoy Greater Employment Stability," Finance and Economics Discussion Series 2014-09, Board of Governors of the Federal Reserve System (U.S.).
- Krolikowski, Pawel M. & McCallum, Andrew H., 2021.
"Goods-market frictions and international trade,"
Journal of International Economics, Elsevier, vol. 129(C).
- Pawel Krolikowski & Andrew H. McCallum, 2016. "Goods-Market Frictions and International Trade," Working Papers 16-35R, Federal Reserve Bank of Cleveland.
- Pawel Krolikowski & Andrew H. McCallum, 2019. "Goods-Market Frictions and International Trade," Working Papers 16-35R2, Federal Reserve Bank of Cleveland.
- Andrew McCallum & Pawel Krolikowski, 2017. "Goods-Market Frictions and International Trade," 2017 Meeting Papers 515, Society for Economic Dynamics.
- Pawel Krolikowski & Andrew H. McCallum, 2016. "Goods-Market Frictions and International Trade," Working Papers (Old Series) 1635, Federal Reserve Bank of Cleveland.
- Pawel Krolikowski & Andrew H. McCallum, 2020. "Goods-Market Frictions and International Trade," FEDS Notes 2020-01-17, Board of Governors of the Federal Reserve System (U.S.).
- Pawel Krolikowski & Andrew H. McCallum, 2017. "Goods-Market Frictions and International Trade," International Finance Discussion Papers 1207, Board of Governors of the Federal Reserve System (U.S.).
- Guilherme Bandeira & Evi Pappa & Rana Sajedi & Eugenia Vella, 2018.
"Fiscal Consolidation in a Low-Inflation Environment: Pay Cuts versus Lost Jobs,"
International Journal of Central Banking, International Journal of Central Banking, vol. 14(3), pages 7-52, June.
- Bandiera, Guilherme & Pappa, Evi & Sajedi, Rana & Vella, Eugenia, 2016. "Fiscal consolidation in a low inflation environment: pay cuts versus lost jobs," Bank of England working papers 628, Bank of England.
- Pappa, Evi & Bandeira, Guilherme & Sajedi, Rana & Vella, Eugenia, 2017. "Fiscal Consolidations in a Low Inflation Environment:Pay cuts versus Lost Jobs," CEPR Discussion Papers 12310, C.E.P.R. Discussion Papers.
- Guilherme Bandeira & Evi Pappa & Rana Sajedi & Eugenia Vella, 2017. "Fiscal Consolidation in a Low Inflation Environment: Pay Cuts versus Lost Jobs," Working Papers 2017012, The University of Sheffield, Department of Economics.
- Andrea Camilli & Pedro Gomes, 2023. "Public employment and homeownership dynamics," Public Choice, Springer, vol. 194(1), pages 101-155, January.
- Caponi, Vincenzo, 2017.
"Public employment policies and regional unemployment differences,"
Regional Science and Urban Economics, Elsevier, vol. 63(C), pages 1-12.
- Caponi, Vincenzo, 2014. "Public Employment Policies and Regional Unemployment Differences," IZA Discussion Papers 8511, Institute of Labor Economics (IZA).
- Michael, Bryane & Popov, Maja, 2011.
"The Size and Structure of Government,"
MPRA Paper
53283, University Library of Munich, Germany.
- Michael, Bryane & Popov, Maja, 2015. "The Size and Structure of Government," EconStor Preprints 109959, ZBW - Leibniz Information Centre for Economics.
- Stähler, Nikolai & Thomas, Carlos, 2012.
"FiMod — A DSGE model for fiscal policy simulations,"
Economic Modelling, Elsevier, vol. 29(2), pages 239-261.
- Nikolai Stähler & Carlos Thomas, 2011. "FiMod - a DSGE model for fiscal policy simulations," Working Papers 1110, Banco de España.
- Stähler, Nikolai & Thomas, Carlos, 2011. "FiMod - a DSGE model for fiscal policy simulations," Discussion Paper Series 1: Economic Studies 2011,06, Deutsche Bundesbank.
- Steven J. Davis & Till Von Wachter, 2011.
"Recessions and the Costs of Job Loss,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 42(2 (Fall)), pages 1-72.
- Steven J. Davis & Till M. von Wachter, 2011. "Recessions and the Cost of Job Loss," NBER Working Papers 17638, National Bureau of Economic Research, Inc.
More about this item
Keywords
public employment; public wages; business cycle volatility; crowding out; search and matching;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2016-06-18 (Dynamic General Equilibrium)
- NEP-LMA-2016-06-18 (Labor Markets - Supply, Demand, and Wages)
- NEP-MAC-2016-06-18 (Macroeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iza:izadps:dp9965. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Holger Hinte (email available below). General contact details of provider: https://edirc.repec.org/data/izaaade.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.