In a conventional macroeconomic model, following a policy change, as nominal wages adjust the economy returns to its original real levels of employment, output, and unemployment. This description of events ignores the social psychological consequences of exposure to unemployment. On theoretical...

There is substantial racial and gender disparity in the American economy. As we will demonstrate, discriminatory treatment within the labor market is a major cause of this inequality. Yet, there appear to have been particular periods in which racial minorities, and then women, experienced...

A cross-national, comparative investigation of patterns and dynamics of inter-group economic inequality. Experts discuss groups from Japan to India, attempts to remedy inter-group inequality and race and labor market outcomes in Brazil