Why Do Lazy People Make More Money?: The Strange Case of the Public Sector Wage Premium
Empirical work suggests the presence of a public sector wage premium, the reasons for which are investigated in this paper. The results demonstrate a higher premium paid to women and premium decreases concurrent with skills. Job security undermines the incentive to work hard and forces the public sector to pay higher wages. Thus, the public sector wage premium can be used as an indicator of inefficiency in the public sector.
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Format: | Working Papers biblioteca |
Language: | English |
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Inter-American Development Bank
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Subjects: | Public Sector, Labor Policy, H50 - National Government Expenditures and Related Policies: General, J45 - Public Sector Labor Markets, WP-403;efficiency wages;labor demand;OECD countries;labor market, |
Online Access: | http://dx.doi.org/10.18235/0010946 https://publications.iadb.org/en/why-do-lazy-people-make-more-money-strange-case-public-sector-wage-premium |
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dig-bid-node-101802024-05-30T20:25:17ZWhy Do Lazy People Make More Money?: The Strange Case of the Public Sector Wage Premium 1998-10-01T00:00:00+0000 http://dx.doi.org/10.18235/0010946 https://publications.iadb.org/en/why-do-lazy-people-make-more-money-strange-case-public-sector-wage-premium Inter-American Development Bank Public Sector Labor Policy H50 - National Government Expenditures and Related Policies: General J45 - Public Sector Labor Markets WP-403;efficiency wages;labor demand;OECD countries;labor market Empirical work suggests the presence of a public sector wage premium, the reasons for which are investigated in this paper. The results demonstrate a higher premium paid to women and premium decreases concurrent with skills. Job security undermines the incentive to work hard and forces the public sector to pay higher wages. Thus, the public sector wage premium can be used as an indicator of inefficiency in the public sector. Inter-American Development Bank Ugo Panizza Working Papers application/pdf IDB Publications Latin America en |
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Public Sector Labor Policy H50 - National Government Expenditures and Related Policies: General J45 - Public Sector Labor Markets WP-403;efficiency wages;labor demand;OECD countries;labor market Public Sector Labor Policy H50 - National Government Expenditures and Related Policies: General J45 - Public Sector Labor Markets WP-403;efficiency wages;labor demand;OECD countries;labor market |
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Public Sector Labor Policy H50 - National Government Expenditures and Related Policies: General J45 - Public Sector Labor Markets WP-403;efficiency wages;labor demand;OECD countries;labor market Public Sector Labor Policy H50 - National Government Expenditures and Related Policies: General J45 - Public Sector Labor Markets WP-403;efficiency wages;labor demand;OECD countries;labor market Inter-American Development Bank Why Do Lazy People Make More Money?: The Strange Case of the Public Sector Wage Premium |
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Empirical work suggests the presence of a public sector wage premium, the reasons for which are investigated in this paper. The results demonstrate a higher premium paid to women and premium decreases concurrent with skills. Job security undermines the incentive to work hard and forces the public sector to pay higher wages. Thus, the public sector wage premium can be used as an indicator of inefficiency in the public sector. |
author2 |
Ugo Panizza |
author_facet |
Ugo Panizza Inter-American Development Bank |
format |
Working Papers |
topic_facet |
Public Sector Labor Policy H50 - National Government Expenditures and Related Policies: General J45 - Public Sector Labor Markets WP-403;efficiency wages;labor demand;OECD countries;labor market |
author |
Inter-American Development Bank |
author_sort |
Inter-American Development Bank |
title |
Why Do Lazy People Make More Money?: The Strange Case of the Public Sector Wage Premium |
title_short |
Why Do Lazy People Make More Money?: The Strange Case of the Public Sector Wage Premium |
title_full |
Why Do Lazy People Make More Money?: The Strange Case of the Public Sector Wage Premium |
title_fullStr |
Why Do Lazy People Make More Money?: The Strange Case of the Public Sector Wage Premium |
title_full_unstemmed |
Why Do Lazy People Make More Money?: The Strange Case of the Public Sector Wage Premium |
title_sort |
why do lazy people make more money?: the strange case of the public sector wage premium |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0010946 https://publications.iadb.org/en/why-do-lazy-people-make-more-money-strange-case-public-sector-wage-premium |
work_keys_str_mv |
AT interamericandevelopmentbank whydolazypeoplemakemoremoneythestrangecaseofthepublicsectorwagepremium |
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1806236728327929856 |