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Wage Inequality and Segregation by Skill

Kremer, Michael - 1996

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/10012473120

A New Framework for the Analysis of Inequality

Cunha, Flavio - 2006

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/10012466145

A New Measure of Horizontal Equity

Auerbach, Alan J. - 1999

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/10012471765

An Index of Inequality : With Applications to Horizontal Equity and Social Mobility

King, Mervyn A. - 1980

An index of Inequality is constructed which decomposes into two components, corresponding to vertical and "horizontal" equity respectively. Horizontal equity Is defined in terms of changes in the ordering of a distribution. The proposed index is a function to two inequality aversion parameters....

Persistent link: https://www.econbiz.de/10012478672

Wages, Unemployment and Inequality with Heterogeneous Firms and Workers

Helpman, Elhanan - 2008

In this paper we develop a multi-sector general equilibrium model of firm heterogeneity, worker heterogeneity and labor market frictions. We characterize the distributions of employment, unemployment, wages and income within and between sectors as a function of structural parameters. We find...

Persistent link: https://www.econbiz.de/10012464522

A Theory of Wage and Promotion Dynamics in Internal Labor Markets

Gibbons, Robert - 1998

We attempt to explain employment practices in internal labor markets using models that combine job assignment, on-the-job human-capital acquisition, and learning. We show that a framework that integrates these familiar ideas captures a number of recent empirical findings concerning wage and...

Persistent link: https://www.econbiz.de/10012472351

How Much Does Sorting Increase Inequality?

Kremer, Michael - 1996

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

Macroeconomic Adjustment with Segmented Labor Markets

Agenor, Pierre-Richard - 1994

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

Labor Market Segmentation Theory : Reconsidering the Evidence

Dickens, William T. - 1992

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

Labor Market Segmentation, Wage Dispersion and Unemployment

Lang, Kevin - 1992

This paper briefly reviews the empirical evidence on labor market segmentation and presents some new results on the similarity of the pattern of segmentation across 66 different countries. The paper goes on to consider how unemployment might be understood in a labor market segmentation...

Persistent link: https://www.econbiz.de/10012474906