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face greater discrimination. …
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Can relationship-lending technology be used to overcome discrimination, as the Allport's (1954) contact hypothesis … provide collateral for a loan, use of such technology actually leads to greater discrimination against minorities. Asians are … in which a firm is located, there is less discrimination in areas with high minority population rates than in areas with …
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implication of our findings is that discrimination in the capital market spills over to the labour market, leading to the …
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. -- endogenous monopsony ; minimum wage ; noncompliance ; small firms …
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The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...
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