Hurst, Erik; Rubinstein, Yona; Shimizu, Kazuatsu - National Bureau of Economic Research - 2021
Why did the Black-White wage gap converge from 1960 to 1980 and why has it stagnated since? To answer this question, we introduce a unified model that integrates notions of both taste-based and statistical discrimination into a task-based model of occupational sorting. At the heart of our...