scholarly journals Fiscal Institutions and Public Sector Labor Markets

10.3386/w6659 ◽  
1998 ◽  
Author(s):  
James Poterba ◽  
Kim Rueben
Keyword(s):  
Public Sector ◽  
Labor Markets ◽  
Fiscal Institutions

Economic Implications of Migration into the Federal Republic of Germany, 1988–1992

1995 ◽  
Vol 29 (3) ◽  
pp. 693-709
Author(s):  
Arne Gieseck ◽  
Ullrich Heilemann ◽  
Hans Dietrich von Loeffelholz
Keyword(s):  
Economic Growth ◽  
Public Sector ◽  
Labor Markets ◽  
Federal Republic ◽  
Social System ◽  
West Germany ◽  
Federal Republic Of Germany ◽  
Economic Implications ◽  
The Public ◽  
The Social

An analysis of the effects of the last wave of migration into West Germany on labor markets, public finances and economic growth, this study points at the often ignored fact that the migrants were rather successful in finding jobs and thus helped in eliminating labor shortages in certain industries. Simulations with a macroeconometric model for the FRG indicate that in 1992 the GDP was almost 6 percent higher than without migration, that 90,000 jobs were created and that migration created a surplus of DM14 billion in the public sector, compared to the baseline. This study also makes clear, however that these effects mainly depend on a quick absorption of migrants by FRG labor markets, and as to the social system, the relief may be only transitory.

scholarly journals Measuring The Social Rate Of Return In Public Sector Labor Markets

2011 ◽  
Vol 6 (5) ◽  
Author(s):  
Anthony Stokes ◽  
Sarah Wright
Keyword(s):  
Public Sector ◽  
Labor Markets ◽  
Rate Of Return ◽  
Alternative Models ◽  
Social Rate ◽  
The Social ◽  
Social Rate Of Return

In many public sector labor markets, employee earnings do not reflect the value of that occupation to society. This paper provides some alternative models to measure that value.

scholarly journals Institutional environment of public finance

2020 ◽  
pp. 133-138
Author(s):  
Andrii Derlytsia
Keyword(s):  
Public Finance ◽  
Public Sector ◽  
Institutional Theory ◽  
Financial Institutions ◽  
Institutional Environment ◽  
Structural Features ◽  
Economic Science ◽  
Fiscal Institutions ◽  
The Public ◽  
Alternative Approaches

Purpose. The aim of the article is research of the institutional environment of public finance and its components in the light of achievements of foreign and domestic economic science. Methodology of research. The following general and special methods are used to achieve this goal: comparative analysis – in assessing alternative approaches to the interpretation of the concept of institution; method of scientific abstraction – in highlighting the essential features of financial institutions and their differences from fiscal institutions; systemic, structural analysis, grouping – in identifying the components of the institutional environment of public finance and structural features of the public sector. Findings. Alternative approaches of institutional theory to the interpretation of the concept of institution are considered. A compromise application the interpretation of institutions in the approaches of D. North and O. Williamson to the sphere of public finance has been made. The components of the institutional environment of public finance are distinguished: institutions (norms, rules), institutional units (organizations, structures), transactions (interaction, relations). The institutional structure of the public sector is considered. The principle of “presumption of inefficiency” as a key one in the institutional analysis of the sphere of public finance is outlined. Originality. The paper substantiates the components of the institutional environment of public finance by clearly outlining the semantic use of the terms “institution” and “institutions” in relation to this area. Practical value. The approaches to the interpretation of the concepts “financial institutions”, “institutional environment”, “public sector” proposed in the research, will contribute to the development of a unified approach in the domestic institutional theory. Key words: public finance, financial institutions, fiscal institutions, institutional environment, institutional units, public sector, transactions.

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