The lifetime earnings premium in the public sector: The view from Europe
The lifetime earnings premium in the public sector: The view from Europe
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公共部门的终身收入溢价：欧洲的观点
DOI：
10.1016/j.labeco.2014.07.015
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发表时间：
2014
期刊：
影响因子：
2.4
通讯作者：
Dickson M
中科院分区：
文献类型：
--
作者：
Dickson M
在对预算赤字普遍担忧的背景下，重要的是评估公共部门的薪酬是否与私营部门一致。我们的论文提出了对五个欧洲国家公共部门和私营部门之间就业终身价值差异的估计。我们使用欧洲共同体家庭小组1994-2001年间德国、荷兰、法国、意大利和西班牙的数据。我们关注的是终身价值，而不是工资水平，因为正如我们在研究结果中所显示的那样，在许多情况下，不同行业的收入流动性、收入波动性和失业风险存在差异，这些对有远见的个人很重要。当将这些差异汇总成一个衡量任何一个部门就业终身价值的指标时，就得出了这五个国家公共部门终身溢价的估计值。我们还介绍了这些国家在制度和劳动力市场结构方面的差异，并发现我们估计公共部门终身溢价为正的国家，即法国和西班牙，也是进入公共部门需要昂贵的进入程序的国家。据我们所知，这篇论文是第一次将这种动态方法应用于欧洲，我们能够用一个共同的数据集、时间段和模型来做。
In a context of widespread concern about budget deficits, it is important to assess whether public sector pay is in line with the private sector. Our paper proposes an estimation of differences in lifetime values of employment between public and private sectors for five European countries. We use data from the European Community Household Panel over the period 1994–2001 for Germany, the Netherlands, France, Italy and Spain. We look at lifetime values instead of wage levels because, as we show in our results, differences in earnings mobility, earnings volatility and job loss risk across sectors occur in many instances and these will matter to forward-looking individuals. When aggregated into a measure of lifetime value of employment in either sector, these differences yield estimates of the lifetime premium in the public sector for these five countries. We also present differences in the institutional and labour market structures in these countries and find that countries for which we estimate a positive lifetime premium in the public sector, i.e. France and Spain, are also the countries where access to the public sector requires costly entry procedures. This paper is to the best of our knowledge the first to use this dynamic approach applied to Europe, which we are able to do with a common dataset, time-period and model.