Public sector jobs are created because governments opt to provide goods and services produced directly by public employees. Governments, however, may also choose to regulate the size of the public sector in order to stabilize targeted national employment levels.
Based on data from a cross section of U.S. metro areas, we show that public employment correlates negatively with business cycle volatility, hinting at a stabilizing effect of public employment, while public wages correlate weakly and positively with business cycle volatility, hinting at a destabilizing effect of public wages.
Work in Progress
The objective of this paper is to provide a theoretical explanation to some puzzling facts. While among American residents women, Mexicans tend to have higher fertility rates - a total fertility rate (TFR) of about 2.7 as opposed to a TFR of US born women of 2.0 - the fertility rate of Mexicans resident in Mexico is closer to the fertility rate in the US (natives) - 2.1.
This paper contributes to the existing literature on public employment showing that the wage setting policy of the public sector can be an important determinant of private employment and unemployment.
We combine the New Immigrant Survey (NIS), which contains information on US legal immigrants, with the American Community Survey (ACS), which contains information on legal and illegal immigrants to the USA.
This article presents an intergenerational self-selection model of migration and education that is capable of explaining the evolution of earnings and education across three generations of immigrants.
This paper first provides evidence of a U-shaped relationship between education and migration among Mexicans.
The literature on training has pointed out that macroeconomic fluctuations can have a positive or a negative effect on training decisions.
Post-secondary education in Canada: can ability bias explain the earnings gap between college and university graduates?
Using the Canadian General Social Survey we compute returns to postsecondary education relative to high school.