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A Test Of Dual Labor Market Theory
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Book Synopsis A Test of Dual Labor Market Theory by : William T. Dickens
Download or read book A Test of Dual Labor Market Theory written by William T. Dickens and published by . This book was released on 2010 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite substantial differences in their views of the appropriate policy response to the existence of poverty, neither the proponents of dual market theory nor its critics have proposed potentially conclusive tests of the dual market hypothesis.This paper presents a test of the two central propositions of dual market theory -- 1) the existence of two distinct labor markets with different wage setting mechanisms and 2) the existence of barriers to mobility between the labor markets. We find considerable support for both hypothesis. Estimation of a switching model of wage determination with unknown regimes yields two distinct wage equations. The one which most workers are associated with closely resembles the standard human capital regression with significant returns to education and experience. The other equation is flat with no returns to human capital. These two equations resemble the predictions of dual market theory for the quot;primaryquot; and quot;secondaryquot; markets respectively. Further, we present evidence that(at least) some non-white workers are involuntarily confined to the secondary market. This crowding of minority workers into the low wage labor market accounts for a substantial portion of white/non-white wage differences. We interpret these results as providing empirical support for the dual market hypothesis and for recent theoretical work on efficiency wagemodels. In addition, combining the efficiency wage argument with the observation that much of the white/non-white wage difference is explained by the exclusion of non-whites from the primary sector suggests an explanation for the persistance of wage differences.
Book Synopsis Dual Labor Markets by : Gilles Saint-Paul
Download or read book Dual Labor Markets written by Gilles Saint-Paul and published by MIT Press. This book was released on 1996 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uses theoretical models to analyse the macroeconomic implications of the dual labour market. Includes an introduction to the techniques of dynamic programming and the matching function.
Book Synopsis Empirical Tests of Dual Labor Market Theory and Hedonic Measures of Occupational Attainment by : Marc P. Freiman
Download or read book Empirical Tests of Dual Labor Market Theory and Hedonic Measures of Occupational Attainment written by Marc P. Freiman and published by . This book was released on 1976 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Goodness of Fit Test of Dual Labor Market Theory by :
Download or read book A Goodness of Fit Test of Dual Labor Market Theory written by and published by . This book was released on 1987 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A goodness of fit test of dual labor market theory by : William T. Dickens
Download or read book A goodness of fit test of dual labor market theory written by William T. Dickens and published by . This book was released on 1987 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Testing Dual Labor Market Theory by : William T. Dickens
Download or read book Testing Dual Labor Market Theory written by William T. Dickens and published by . This book was released on 1985 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper replicates and extends our earlier analysis of dual market theory. We use a technique which estimates for each worker a probability of being in the primary sector on the basis of his characteristics. We use this information to determine the occupational and industrial composition of the sectors. We continue to produce results which are very supportive of the theory. In studies by other authors, workers were "assigned" to the primary or secondary sector on the basis of the industry or occupation in which they are employed and educated guesses about the industries or occupations which make up the two sectors. We find that previous studies, which produced mixed and inconclusive results, had serious misclassification problems. In the cases examined, at least half of all full time prime age male workers identified as being in the secondary sector by these classification schemes are found to have a high probability of primary sector attachment. Past studies which were most supportive of dual market theory are found to have had the least severe misclassification problems
Book Synopsis Empirical tests of dual labor market theory and hedonoc measures of occupational attainment by : Marc Philip Freiman
Download or read book Empirical tests of dual labor market theory and hedonoc measures of occupational attainment written by Marc Philip Freiman and published by . This book was released on 1976 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Empirical Analysis of the Dual Labor Market Theory by : Paul J. Andrisani
Download or read book An Empirical Analysis of the Dual Labor Market Theory written by Paul J. Andrisani and published by . This book was released on 1973 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Test of Dual Labor Market Theory by : William T. Dickens
Download or read book A Test of Dual Labor Market Theory written by William T. Dickens and published by . This book was released on 1984 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite substantial differences in their views of the appropriate policy response to the existence of poverty, neither the proponents of dual market theory nor its critics have proposed potentially conclusive tests of the dual market hypothesis. This paper presents a test of the two central propositions of dual market theory -- 1) the existence of two distinct labor markets with different wage setting mechanisms and 2) the existence of barriers to mobility between the labor markets. We find considerable support for both hypothesis. Estimation of a switching model of wage determination with unknown regimes yields two distinct wage equations. The one which most workers are associated with closely resembles the standard human capital regression with significant returns to education and experience. The other equation is flat with no returns to human capital. These two equations resemble the predictions of dual market theory for the "primary" and "secondary" markets respectively. Further, we present evidence that(at least) some non-white workers are involuntarily confined to the secondary market. This crowding of minority workers into the low wage labor market accounts for a substantial portion of white/non-white wage differences. We interpret these results as providing empirical support for the dual market hypothesis and for recent theoretical work on efficiency wagemodels. In addition, combining the efficiency wage argument with the observation that much of the white/non-white wage difference is explained by the exclusion of non-whites from the primary sector suggests an explanation for the persistance of wage differences
Book Synopsis The Dual Labor Market Theory and the Critical Sensitivity of the Secondary Labor Market in California by : Patrick F. Mason
Download or read book The Dual Labor Market Theory and the Critical Sensitivity of the Secondary Labor Market in California written by Patrick F. Mason and published by . This book was released on 1978 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Dual Labor Market by : Samuel Rosenberg
Download or read book The Dual Labor Market written by Samuel Rosenberg and published by . This book was released on 1975 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Empirical Analysis of the Dual Labor Market Theory by : Paul James Andrisani
Download or read book An Empirical Analysis of the Dual Labor Market Theory written by Paul James Andrisani and published by . This book was released on 1973 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis International Trade and Labor Markets by : Carl Davidson
Download or read book International Trade and Labor Markets written by Carl Davidson and published by W.E. Upjohn Institute. This book was released on 2004 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dual Labor Markets and Immigration by : Alejandro Portes
Download or read book Dual Labor Markets and Immigration written by Alejandro Portes and published by . This book was released on 1979 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Internal Labor Markets and Manpower Analysis by : Peter B. Doeringer
Download or read book Internal Labor Markets and Manpower Analysis written by Peter B. Doeringer and published by M.E. Sharpe. This book was released on 1985-06 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the institutional aspects of the American labor market. The introduction assesses the major changes since 1971.
Book Synopsis The Dual Labor Market Theory by : William Nelson Cook
Download or read book The Dual Labor Market Theory written by William Nelson Cook and published by . This book was released on 1973 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
