Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/161090 
Year of Publication: 
2017
Series/Report no.: 
IZA Discussion Papers No. 10467
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
We extend the Diamond-Mortensen-Pissarides model of equilibrium unemployment to incorporate public-sector employment. We calibrate our model to Colombian data and analyze the effects of public-sector wage and employment policy on the unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the two sectors.
Subjects: 
public sector
search and matching
wages
unemployment
JEL: 
J45
J64
D83
Document Type: 
Working Paper

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