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
Subjects:	job security life cycle pensions public retirement sector employment sector wages unemployment
Online Access:	available in Bonn?
Database:	OpenAIRE (Open Access) OpenAIRE Database information Databases - DBIS