Equilibrium Unemployment and Endogenous Public Sector Employment

This paper develops a model of the equilibrium rate of unemployment with an endogenous share of public sector employment. We show how various macroeconomic shocks drive up the equilibrium rate of unemployment, accompanied by predictable variations in the public sector share of employment. In particu...

Full description

Saved in:
Bibliographic Details
Main Authors: HO, Kong Weng, HOON, Hian Teck
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1997
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/1646
https://doi.org/10.1111/1467-999X.00024
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English
Be the first to leave a comment!
You must be logged in first