Public Sector Efficiency and Fiscal Austerity:
This paper uses a simple model to analyze the forces that determine the size of the public sector and the quality of workers employed in that sector. Workers are heterogeneous, and the public sector chooses an employment strategy that maximizes a social welfare function U(s, Y) that depends on the s...
Saved in:
| Corporate Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
1998
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| Series: | IMF Working Papers
Working Paper No. 98/56 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | This paper uses a simple model to analyze the forces that determine the size of the public sector and the quality of workers employed in that sector. Workers are heterogeneous, and the public sector chooses an employment strategy that maximizes a social welfare function U(s, Y) that depends on the share of the labor force employed in public service s and private sector output Y. The government is fully informed about worker productivity. By examining the welfare properties of the possible outcomes, we are able to illuminate situations in which policies that seek to constrain the public sector may or may not improve economic efficiency |
| Physical Description: | 1 Online-Ressource (24 p) |
| ISBN: | 1451968515 9781451968514 |
Staff View
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| index_date | 2024-07-03T20:13:24Z |
| indexdate | 2024-07-10T09:35:32Z |
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| spelling | International Monetary Fund Verfasser aut Public Sector Efficiency and Fiscal Austerity Washington, D.C International Monetary Fund 1998 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 98/56 This paper uses a simple model to analyze the forces that determine the size of the public sector and the quality of workers employed in that sector. Workers are heterogeneous, and the public sector chooses an employment strategy that maximizes a social welfare function U(s, Y) that depends on the share of the labor force employed in public service s and private sector output Y. The government is fully informed about worker productivity. By examining the welfare properties of the possible outcomes, we are able to illuminate situations in which policies that seek to constrain the public sector may or may not improve economic efficiency Online-Ausg International Monetary Fund Sonstige oth http://elibrary.imf.org/view/IMF001/05500-9781451968514/05500-9781451968514/05500-9781451968514.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Public Sector Efficiency and Fiscal Austerity |
| title | Public Sector Efficiency and Fiscal Austerity |
| title_auth | Public Sector Efficiency and Fiscal Austerity |
| title_exact_search | Public Sector Efficiency and Fiscal Austerity |
| title_exact_search_txtP | Public Sector Efficiency and Fiscal Austerity |
| title_full | Public Sector Efficiency and Fiscal Austerity |
| title_fullStr | Public Sector Efficiency and Fiscal Austerity |
| title_full_unstemmed | Public Sector Efficiency and Fiscal Austerity |
| title_short | Public Sector Efficiency and Fiscal Austerity |
| title_sort | public sector efficiency and fiscal austerity |
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