Public enterprises and labor market performance

Johannes Hörner, L. Rachel Ngai and Claudia Olivetti

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

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.

Keywords: European Unemployment; Public Sector Employment (search for similar items in EconPapers)
JEL-codes: E24 J45 J64 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2004-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://eprints.lse.ac.uk/3529/ Open access version. (application/pdf)

Related works:
Journal Article: PUBLIC ENTERPRISES AND LABOR MARKET PERFORMANCE (2007)
Working Paper: Public Enterprises and Labor Market Performance (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:3529

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