Public-sector employment, wages and education decisions
构建了一个包含私人和公共部门的搜索匹配模型，分析公共部门就业和工资政策对失业及教育决策的影响，发现劳动力市场结构决定了教育构成的变化方向。
We set up a search and matching model with a private and a public sector to understand the effects of employment and wage policies in the public sector on unemployment and education decisions. The effects on the educational composition of the labor force depend crucially on the structure of the labor market . An increase of skilled public-sector wages has a small positive impact on educational composition and larger negative impact on the private employment of skilled workers, if the two sectors are segmented. If there are movements across the two sectors, it has large positive impacts on education and on skilled private employment. We highlight the usefulness of the model for policymakers by calculating the value of public-sector job security for skilled and unskilled workers.