Showing 1 - 10 of 6,336
This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty...
Persistent link: https://www.econbiz.de/10012760644
In this paper, we propose a new measure of horizontal equity that overcomes many of the shortcomings of previous proposed measures. Our starting point is the observation that a well-behaved social welfare function need not evaluate global' (vertical equity) differences in after-tax income using...
Persistent link: https://www.econbiz.de/10013237932
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/10013308614
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/10013310564
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/10013239355
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/10013240959
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/10013244084
We provide the first estimates of ethnic segregation between 1850 and 1940 that cover the entire United States and are … consistent across time and space. To do so, we adapt the Logan-Parman method to immigrants by measuring segregation based on the … nativity of the next-door neighbor. In addition to providing a consistent measure of segregation, we also document new patterns …
Persistent link: https://www.econbiz.de/10012915652
and industries in the South, thereby reducing the extent of racial segregation in employment and resulting in higher black … World War Two and that this increase in employment segregation cannot be explained by racial differences in schooling … was associated with a rise in the earnings ratio. Yet despite the effects of the war, employment segregation in the south …
Persistent link: https://www.econbiz.de/10013308366
greater segregation of high- and low-skill workers into separate firms. A model in which workers of different skill-levels are … imperfect substitutes can simultaneously account for these increases in segregation and inequality either through technological …
Persistent link: https://www.econbiz.de/10013246994