Showing 1 - 10 of 7,120
Social commentators from William Julius Wilson to Charles Murray have argued that increased sorting of people into internally homogeneous" neighborhoods,schools, and marriages is spurring long-run inequality. Cali- bration of a formal model suggests that these fears are misplaced. In order to...
Persistent link: https://www.econbiz.de/10012473282
This paper analyzes the macroeconomic effects of fiscal and labor market policies in a small open developing country. The basic framework considers an economy with a large informal production sector and a heterogeneous work force. The labor market is segmented as a result of efficiency...
Persistent link: https://www.econbiz.de/10012474150
Since applying for jobs is costly, workers prefer applying where their employment probability is high and, therefore, to jobs attracting fewer higher quality applicants. Since creating vacancies is expensive, firms create more vacancies when job-seeking is high. Our model captures these ideas...
Persistent link: https://www.econbiz.de/10012474485
We argue that Labor Market Segmentation theory is a good alternative to standard views of the labor market. Since it is … sometimes argued that labor market segmentation theory is untestable, we first consider the uses of theory and the attributes of … a good theory. We then argue that labor market segmentation has these attributes. It is internally consistent and is …
Persistent link: https://www.econbiz.de/10012474888
This paper presents an incentive-based dual labor market model. Three implications of the model are emphasized. First, in equilibrium, there is an excess supply of workers to primary jobs. Second, when demand is uncertain, firms may choose a mix of primary and contingent workers to perform the...
Persistent link: https://www.econbiz.de/10012475368
theory as a conceptual framework for this problem. The analysis suggests that an internal labor market must be viewed in a …
Persistent link: https://www.econbiz.de/10012476661
Neoclassical theory has been misrepresented in the segmented economy literature. Consequently, most tests of …
Persistent link: https://www.econbiz.de/10012476942
Studies of the earnings of union workers have consistently shown that they earn considerably more than nonunion workers. This paper considers whether part of this observed union/nonunion differential is due to unions organizing high paying primary sector jobs. We extend our earlier work on the...
Persistent link: https://www.econbiz.de/10012477192
understanding the claims of industrial policy advocates. It also can provide the basis for a theory of occupational segregation and … discrimination which will not be eroded by market forces. Finally, the model provides the basis for a theory of involuntary …
Persistent link: https://www.econbiz.de/10012477414
Supervisory and monitoring costs are explored to understand aspects of occupational segregation by sex. Around the turn of this century 47 percent of all female manufacturing operatives were paid by the piece, but only 13 percent of the males were. There were very few males and females employed...
Persistent link: https://www.econbiz.de/10012477525