Public Employment and the Business Cycle

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Political Cycles and Stock Returns (2020, unknown): “This effect is nontrivial, 2–3% per election according to Snowberg et al. (2007), but the presidential puzzle, which is our focus, is much larger: almost 11% per year, or over 40% per four-year presidential term.”
Unemployment Fiscal Multipliers (2010, background): “The bargained wage in turn is a weighted average of the bargaining set limits, with weight equal to the bargaining power: wt = wt + (1 )wt; (23)”
A Theory of Countercyclical Government Multiplier (2014, unknown): “5 For other search-and-matching models with public employment, see Quadrini and Trigari ( 2007 ) , Gomes ( 2010 ) , and Burdett ( 2012 ) .”
Public and private sector wages interactions in a general equilibrium model (2010, unknown): “ Quadrini and Trigari (2008) find that the presence of the public labor sector increases the volatility of total employment and output as a result of a positive public wage premium and the pro-cyclicality of public sector wages and employment.”
Interactions between Private and Public Sector Wages (2014, background): “Also, relative to Quadrini and Trigari (2007) we look at the interdependence between private and public sector wages in response to different shocks, rather then looking at the effects of different rules on the volatility of macro variables.”