Hidden Bibliographic Details
| Other authors / contributors: | Leigh, Lamin, author.
International Monetary Fund. African Department.
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| ISBN: | 9781498316217
1498316212
1484326806
9781484326800
9781498380522
1498380522
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| Notes: | "January 2015."
"African Department."
Includes bibliographical references (pages 22-23).
Online resource; title from pdf title page (IMF.org Web site, viewed January 29, 2015).
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| Summary: | Many governments have initiated public employment programs or expanded the existing ones in response to high unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment. This paper explores the question of whether public employment gives rise to distortions in the labor market in the medium to long-run. Our findings do not provide any evidence that public employment reduces unemployment rate. The analysis in this paper shows that large public employment does significantly affect labor market outcomes in middle-income countries and leads to job destruction in the private sector. The extent of the impact is largely influenced by the degree of substitutability between public and private production and the size of the rents in the public sector.--Abstract.
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| Other form: | Print version: Stepanyan, Ara. Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries. Washington : International Monetary Fund, ©2015
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| Standard no.: | 10.5089/9781484326800.001
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