Public enterprises and labor market performance

Horner, Johannes, Ngai, L. Rachel ORCID: 0009-0005-1605-856X and Olivetti, Claudia (2004) Public enterprises and labor market performance. . London School of Economics and Political Science. Centre for Economic Performance, London, UK.

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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)
Official URL:	http://cep.lse.ac.uk/
Additional Information:	© 2004 J. Horner, L.Rachel Ngai and C. Olivetti
Divisions:	Centre for Economic Performance Economics
Subjects:	H Social Sciences > HJ Public Finance
JEL classification:	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
Date Deposited:	28 Feb 2008
Last Modified:	11 Dec 2024 18:39
URI:	http://eprints.lse.ac.uk/id/eprint/3529

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