AGGREGATION WITH SEQUENTIAL NON-CONVEX PUBLIC - AND PRIVATE - SECTOR LABOR SUPPLY DECISIONS

  • Aleksandar VASILEV American University in Bulgaria, Bulgaria

Abstract

This paper explores the problem of non-convex labor supply decisions in an economy with both private and public sector jobs. In contrast to Vasilev (2015a), the sectoral labor choice is made in a sequential manner. Still, the micro-founded representation obtained from explicit aggregation over homogeneous individuals again features different disutility of labor across the two sectors. Thus, there is little merit in the timing of the sectoral non-convex labor choice.

References

[1] Vasilev, A. 2015a. “Aggregation with a Double Non-Convex Labor Supply Decision: Indivisible Private- and Public-Sector Hours,” https://www.econstor.eu/handle/10419/142233;
[2] Vasilev, A. 2015b. Macroeconomic Effects of Public-Sector Unions. LABOUR, 29:101-126. DOI: 10.1111/labr.12047
Published
2017-07-12
How to Cite
VASILEV, Aleksandar. AGGREGATION WITH SEQUENTIAL NON-CONVEX PUBLIC - AND PRIVATE - SECTOR LABOR SUPPLY DECISIONS. Theoretical and Practical Research in the Economic Fields, [S.l.], v. 7, n. 2, p. 174-178, july 2017. ISSN 2068-7710. Available at: <https://journals.aserspublishing.eu/tpref/article/view/1266>. Date accessed: 23 jan. 2022. doi: https://doi.org/10.14505//tpref.v7.2(14).06.