Does public‐sector employment fully crowd out private‐sector employment?

New forms of employment Crowd employment, Spain

Crowd employment platforms in Spain are a rather recent development. However, they have experienced remarkable growth during the economic crisis. The number of workers and clients has increased in the sectors already using crowd employment (including creative design), and the phenomenon has spread to other sectors such as housing and design, computing, book editing and translation (InfoCrowdsou...

Employment, Privatization, and Managerial Choice: Does Contracting out Reduce Public Sector Employment?

We examine the effects of private sector contracting on public employment using panel data from the Census of Governments and International City/County Management Association surveys conducted in 1997 and 2002. We model decisions about contracting and the size of the public workforce as jointly-dependent decisions affecting both full-time and part-time employment. Our results from a seemingly u...

Does Productivity Growth Threaten Employment?

Is productivity growth inimical to employment? Canonical economic theory says no, but much recent economic theory says ‘maybe’ — that is, rapid advances in machine capabilities may curtail aggregate labor demand as technology increasingly encroaches on human job tasks. We explore the relationship between productivity growth and employment using countryand industry-level data for 19 countries ov...

Full employment does not mean low unemployment

Does Wage Persistence Matter for Employment Fluctuations ?

Recent work by Robert Shimer (2005) has stressed the difficulties of the standard Dale T. Mortensen and Christopher A. Pissarides (1994) model in explaining the cyclical movement of unemployment. As potential mechanism behind observed employment dynamics, several papers (e.g., Shimer 2004, Robert Hall 2005, and Hall and Paul Milgrom 2008) have suggested rigidities in the wage setting process th...