Public-sector Employment in an Equilibrium Search and Matching Model
将Diamond-Mortensen-Pissarides均衡失业模型扩展至包含公共部门就业,用哥伦比亚数据校准后分析公共部门工资和就业政策对失业率、公私部门就业分配及工资分布的影响。
We extend the Diamond–Mortensen–Pissarides model of equilibrium unemployment to incorporate public-sector employment. We calibrate our model to Colombian data and analyse the effects of public-sector wage and employment policy on the unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the two sectors.