Government Employment and Wages and Labour Market Performance
构建两部门劳动力市场模型，分析政府工资和就业决策对私人部门就业和失业的影响，并以希腊为例验证了1980年代公共部门扩张加剧了劳动力市场恶化。
Government wage, benefit, and employment decisions are not taken on a profit‐maximizing basis, and have a substantial impact on aggregate labour market performance and unemployment. In a two‐sector labour market model with free mobility of labour, an increase in government wages or benefits reduces private sector employment, and government employment is not an effective counter‐cyclical instrument. Empirical tests for Greece confirm that the expansion of the public sector in the 1980s contributed to the deterioration of labour market performance.