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We consider a search model of the labor market with two types of equally productive workers and two types of firms, discriminators and non-discriminators. Without policy intervention, there is wage dispersion between and within the two worker groups, but all wage differences become negligible...
Persistent link: https://www.econbiz.de/10010269327
Almost fifty years ago in 1965, on the steps of the State Capital in Montgomery, Alabama, Dr. Martin Luther King, Jr., asked a crowd of twenty-five thousand "How long will prejudice blind the visions of men, darken their understanding, and drive bright-eyed wisdom from her sacred throne?" The...
Persistent link: https://www.econbiz.de/10013108895
This paper considers a labour market model of monopsonistic competition with taste-based discrimination against minority workers to study the effect of equal pay legislation on labour market inequality. When the taste for discrimination is small or competition is weak, the policy removes job...
Persistent link: https://www.econbiz.de/10012779054
How would the Fair Calculations in Civil Damages Act of 2016 (the “Act”) impact economic damages calculations related to the retirement process? The Act covers discrimination based on race, ethnicity, gender, religion, or actual or perceived sexual orientation. This paper focuses on gender...
Persistent link: https://www.econbiz.de/10012943754
Most accounts of the Supreme Court's equal protection jurisprudence describe the Court's firm opposition to sex discrimination. But while the Court famously invalidated several sex-based laws at the end of the twentieth century, it also issued many other, less-celebrated decisions that...
Persistent link: https://www.econbiz.de/10013005121
Many businesses purchase Employment Practices Liability Insurance (EPLI), a form of insurance that protects them from claims of discrimination, harassment, retaliation, and wrongful termination. But critics of EPLI argue that allowing insurance coverage for employment liability detracts from...
Persistent link: https://www.econbiz.de/10013215658
Despite gains in female representation in early career stages, large gender gaps persist atthe higher ends of the income distribution. This paper uses an experiment to study whetheraffirmative action, which has been used mainly in early career stages, could have a hiddencost. Specifically, by...
Persistent link: https://www.econbiz.de/10013241376
We consider a search model of the labor market with two types of equally productive workers and two types of firms, discriminators and non-discriminators. Without policy intervention, there is wage dispersion between and within the two worker groups, but all wage differences become negligible...
Persistent link: https://www.econbiz.de/10003845970
The standard model of optimal minimum wage policy in a perfectly competitive labor market suggests that a positive tax rate on minimum wage income is Pareto inefficient. However, most countries with minimum wage legislation exhibit a positive tax rate on minimum wage income. We solve this...
Persistent link: https://www.econbiz.de/10011982673
This paper aims to analyze theories developed both in favor and against privacy protection according to current practices in the West. In the paper, we will examine economic justifications for privacy protection as defined by American economists and jurists, as well as the advantages to be...
Persistent link: https://www.econbiz.de/10014201094