University College London and Institute for Fiscal Studies, UK, and IZA, Germany
IZA World of Labor role
Professor of Economics, University College London, UK
Applied and theoretical labor economics, labor market policy, and economic dynamics
Professor of Economics, University of Bristol, 2005–2013
PhD Economics, University of Paris 1 Panthéon-Sorbonne, 1998
“Tenure, experience, human capital and wages: A tractable equilibrium search model of wage dynamics.” American Economic Review 104:6 (2014): 1551–1596 (with J. Bagger, F. Fontaine, and J.-M. Robin).
“Stochastic search equilibrium.” Review of Economic Studies 80:4 (2013): 1545–1581 (with G. Moscarini).
“The contribution of large and small employers to job creation in times of high and low unemployment.” American Economic Review 102:6 (2012): 2509–2539 (with G. Moscarini).
“The public pay gap in Britain: Small differences that (don't?) matter." Economic Journal 117 (2007): 1460–1503 (with H. Turon).
“Equilibrium wage dispersion with worker and employer heterogeneity. Econometrica 70:6 (2002): 2295–2350 (with J.-M. Robin).
Does it pay to be a public-sector employee?
Contrary to common belief, the long-term public-private pay gap is negligible in many countriesFabien Postel-Vinay, June 2015Direct wage comparisons show that public-sector employees earn around 15% more than private-sector employees. But should these differences be interpreted as a “public-sector premium”? Two points need to be considered. First, the public and private sectors differ in the jobs they offer and the type of workers they employ, which explains a large share of the wage gap. Second, public- and private-sector careers also differ in other important dimensions, such as job stability and income progression, which are relevant to individual career choices. So any comparison of the two sectors should take these points into account.MoreLess