Public Sector Payrolls

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1980s
20th century
analysis
analyzed
career
Category=KCF
civilian
compensation
contemporary
economic
economics
economy
empirical
employee
employer
employment
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
finance
government
hiring
incentive
income
independent
jobs
military
modern
pay
pension
political
politics
present day
private
public
salaries
salary
theoretical
wages

Product details

  • ISBN 9780226902913
  • Weight: 652g
  • Dimensions: 20 x 25mm
  • Publication Date: 01 Mar 1987
  • Publisher: The University of Chicago Press
  • Publication City/Country: US
  • Product Form: Hardback
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An estimated one out of five employees in this country works for some branch of government. Because policies concerning the compensation of these employees rest on assumptions about the economic dynamics of the public sector, the issue of public sector employment is of vital importance in the analysis of the national economy. In Public Sector Payrolls, leading economists explore the independent and interdependent functioning of the public and private sectors and their effect on the economy as a whole.

The volume, developed from a 1984 National Bureau of Economic Research conference, focuses on various labor issues in military and other governmental employment. Several contributors discuss compensation in the armed forces and its relationship to that in the private sector, as well as the interaction between the military and the private sector in the employment of youth. This latter is of particular interest because studies of youth employment have generally ignored the important influence of military hiring practices on labor market conditions. In other contributions, the response of wages and employment in the public sector to economic conditions is analyzed, and a detailed study of government pension plans is presented. Also included is a theoretical and empirical analysis of comparable worth in the public sector from the viewpoint of analytical labor economics. The volume concludes with a look at public school teachers' salaries in the context of current debates over improving the quality of American education.

A valuable resource to policymakers, Public Sector Payrolls will be an important addition to research in the field of labor economics.