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Chapter 53 Recent developments in public sector labor markets

RG Gregory, J Borland

Handbook of Labour Economics | Published : 1999

Abstract

This chapter reviews recent developments in research on public sector labor markets. Public sector labor markets have two important characteristics which account for the interest in their operation. First, public sector labor markets are large - in most developed countries the public sector workforce accounts for over 15% of total employment. Second, public sector labor markets are different from private sector labor markets. Most importantly, politicians or bureaucrats may have objectives which differ from those of the owners of private sector firms; and the political system can allow scope for achieving those objectives where a market system would not. The introductory sections of the chap..

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