TY  - RPRT
        AU  - Gomes, Pedro Maia
        TI  - Heterogeneity and the Public Sector Wage Policy
        PY  - 2017/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11091
        UR  - https://www.iza.org/index.php/publications/dp11091
        AB  - A model with search and matching frictions and heterogeneous workers was established to evaluate a reform of the public sector wage policy in steady-state. The model was calibrated to the UK economy based on Labour Force Survey data. A review of the pay received by all public sector workers to align the distribution of wages with the private sector reduces steady-state unemployment by 1.4 percentage points.
        KW  - public sector wage premium
KW  - public sector wages
KW  - public sector employment
KW  - unemployment
KW  - skilled workers
KW  - worker heterogeneity
        ER  -