Public Enterprises and Labor Market Performance
Johannes Hörner,
L. Rachel Ngai and
Claudia Olivetti
CEP Discussion Papers from Centre for Economic Performance, LSE
Abstract:
This paper shows that state control of some industries may have contributed to theincrease in European unemployment from the 1970s to the early 1990s. We develop asimple model with both publicly-run and privately-run enterprises and show that wheneconomic turbulence increases, higher unemployment rates may result in economies thathave a larger public sector.
Keywords: European Unemployment; Public Sector Employment (search for similar items in EconPapers)
JEL-codes: E24 J45 J64 (search for similar items in EconPapers)
Date: 2004-01
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (2)
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Related works:
Journal Article: PUBLIC ENTERPRISES AND LABOR MARKET PERFORMANCE (2007)
Working Paper: Public enterprises and labor market performance (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepdps:dp0610
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