Public-Sector Compensation over the Life Cycle

The size of the public sector in terms of employment and compensation has a strong life-cycle dimension. We establish a quantitative partial-equilibrium life-cycle model with incomplete markets, private and public sectors, and risk-averse workers, and use it to (i) calculate three dimensions of publ...

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Bibliographic details
Main Author: Gomes, Pedro Maia
Wellschmied, Felix
Format: Publication
Language: English
Place of publication: Bonn: Institute of Labor Economics (IZA) 01.01.2020
Data of publication: 2020-01-01
Dewey Decimal Classification: 330
Discipline: Economics
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
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