Horner, Johannes, Ngai, L. Rachel and Olivetti, Claudia (2004) Public enterprises and labor market performance. 610. Centre for Economic Performance, London School of Economics and Political Science, London, UK. (Unpublished)
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Abstract
This paper shows that state control of some industries may have contributed to the increase in European unemployment from the 1970s to the early 1990s. We develop a simple model with both publicly-run and privately-run enterprises and show that when economic turbulence increases, higher unemployment rates may result in economies that have a larger public sector.
| Item Type: | Monograph (Discussion Paper) |
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| Official URL: | http://cep.lse.ac.uk/ |
| Additional Information: | © 2004 J. Horner, L.Rachel Ngai and C. Olivetti |
| Library of Congress subject classification: | H Social Sciences > HJ Public Finance |
| Journal of Economic Literature Classification System: | J - Labor and Demographic Economics > J6 - Mobility, Unemployment, and Vacancies > J64 - Unemployment: Models, Duration, Incidence, and Job Search E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Employment, and Investment > E24 - Macroeconomics: Employment; Unemployment; Wages; Intergenerational Income Distribution (includes wage indexation) J - Labor and Demographic Economics > J4 - Particular Labor Markets > J45 - Public Sector Labor Markets |
| Sets: | Collections > Economists Online Research centres and groups > Centre for Economic Performance (CEP) Departments > Economics |
| Identification Number: | 610 |
| Date Deposited: | 28 Feb 2008 |
| URL: | http://eprints.lse.ac.uk/3529/ |
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