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Shrouded Costs of Government: The Political Economy of State and Local Public Pensions

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NBER2013-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18976
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Why are public-sector workers so heavily compensated with pensions and other non-pecuniary benefits? In this paper, we present a political economy model of shrouded compensation in which politicians compete for taxpayers' and public employees' votes by promising compensation packages, but some
提供机构:
美国国家经济研究局
创建时间:
2013-04-01
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