Jumping the queue: Nepotism and public-sector pay Articles
Overview
published in
- REVIEW OF ECONOMIC DYNAMICS Journal
publication date
- January 2021
start page
- 344
end page
- 366
volume
- 39
Digital Object Identifier (DOI)
International Standard Serial Number (ISSN)
- 1094-2025
Electronic International Standard Serial Number (EISSN)
- 1096-6099
abstract
- We set up a model with search and matching frictions to understand the effects of employment and wage policies, as well as nepotism in hiring in the public sector, on unemployment and rent seeking. Conditional on inefficiently high public-sector wages, more nepotism in public-sector hiring lowers the unemployment rate because it limits the size of queues for public-sector jobs. Wage and employment policies impose an endogenous constraint on the number of workers the government can hire through connections.
Classification
subjects
- Economics
keywords
- nepotism; public-sector employment; public-sector wages; queues; unemployment