Friday 6 July 2012

Public and Private compensation query

Query: I am trying to compute a measure of private labour compensation inflation. So far I have been unable to find quarterly data to subtract General Government (GG) compensation from Total Economy (TE) compensation. The annual national accounts by branches (Eurostat/INE) presents the data for the TE and the GG although GG employment ends in 2009. Does anyone knows where to find updated and quarterly data?

Bt the way: the graph above shows: 1) an average compensation premium of 1.95 for GG workers (obviously characteristics are different), 2) similar inflation compensation until 2009 (GG average 4.6, TE average 4.35, correlation 0.75), 3) a declining share of GG employees. 

No comments:

Post a Comment