Showing 1 - 10 of 6,983
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
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
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
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
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/10012452957