A general equilibrium model of statistical discrimination
成果类型:
Article
署名作者:
Moro, A; Norman, P
署名单位:
University of Wisconsin System; University of Wisconsin Madison; University of Minnesota System; University of Minnesota Twin Cities
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/S0022-0531(03)00165-0
发表日期:
2004
页码:
1-30
关键词:
statistical discrimination
INEQUALITY
specialization
human capital
摘要:
We study a general equilibrium model with endogenous human capital formation in which ex ante identical groups may be treated asymmetrically in equilibrium. The interact-on between an informational externality and general equilibrium effects creates incentives for groups to specialize. Discrimination may arise even if the corresponding model with a single group has a unique equilibrium. The dominant group gains from discrimination, rationalizing why a majority may be reluctant to eliminate discrimination. The model is also consistent with reverse discrimination as a remedy against discrimination since it may be necessary to decrease the welfare of the dominant group to achieve parity. (C) 2003 Published by Elsevier Science (USA).