PUBLIC ENTERPRISES AND LABOR MARKET PERFORMANCE*
通过一个两部门模型，说明国有部门的存在可能加剧欧洲1970年代至1990年代初的失业上升，对研究失业成因和公共部门作用的学者有参考价值。
This article shows that state control of some industries may have contributed to the increase in European unemployment from the 1970s to the early 1990s. We develop a simple two‐sector model, one privately run and one publicly run, that has risk‐averse workers directing their search into one of the sectors. Assuming that the privately run sector is less able to insure its employees against uncertainty, we show that aggregate unemployment in this economy increases in response to an increase in economic turbulence.