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Higher wages increase labor costs but improve the productivity of the labor force through several channels. If firms … take this into account and set their wages accordingly, the resulting wages may fail to adjust demand and supply but may … higher wages. All these phenomena are well established empirically. Efficiency wage theory provides an integrated explanation …
Persistent link: https://www.econbiz.de/10011438256
This paper is one of the first to use employer-employee data on wages and labor productivity to measure discrimination …
Persistent link: https://www.econbiz.de/10011528095
An important underlying determinant of wage discrimination, as well as the gender wage gap is the way the labor market rewards individual physical attractiveness. This article surveys the extensive empirical literature of the effect of physical attractiveness on labor market outcomes. Particular...
Persistent link: https://www.econbiz.de/10010413089
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The paper explores the role of workers? expectations as an original explanation for the puzzling long run persistence of observed discrimination against some minorities in the labor market. A game of incomplete information is presented, showing that ex ante identical groups of workers may be...
Persistent link: https://www.econbiz.de/10010261557
This paper is an experimental analysis of the role played by workers? expectations in explaining the puzzling long-run persistence of observed discrimination against certain minorities in the labor market. The experiment provides some evidence supporting the theoretical prediction that unequal...
Persistent link: https://www.econbiz.de/10010261558
We consider a model of prejudice-driven discrimination, where the advantaged 'tall' discriminate against the disadvantaged 'short'. We employ an egalitarian social welfare function to compare anti-discrimination legal rules with a non-discriminatory ('height-blind') income tax.
Persistent link: https://www.econbiz.de/10010261878
We study an insurance model characterized by a continuum of risk types, private information and a competitive supply side. We use the model to investigate the welfare effects of discrimination (also known as risk selection). We postulate that a test is available that determines whether an...
Persistent link: https://www.econbiz.de/10011348719
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