Generating InequalityMonograph analysing distribution mechanisms in the USA by means of two economic models favoured over marginal productivity theory - discusses income distribution, employment opportunities, equal opportunities, competition, wages, and employment, examines the market system in general, the distribution of wealth, and economic policy implications. Graphs and references. |
Contents
THE JOB DISTRIBUTION | 98 |
THE DISTRIBUTION OF PHYSICAL WEALTH | 129 |
DISCRIMINATION AND THEORIES OF INCOME | 155 |
Copyright | |
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average background characteristics basic blacks Census Centimillionaires changes college workers demand curves depends determine discrimination coefficient diseconomies of scale disequilibrium distributing economic distribution of earnings distribution of economic distribution of income distribution of job earnings and wealth economic equity economic game economic power economic prizes efficiency elasticities employer equilibrium exist exogenous explain factors of production fortunes future consumption ginal grade-school workers high-school workers hiring human capital individual inheritance inheritance taxes interdependent preferences investment job distribution job opportunities job skills job-competition model labor economics labor force labor market labor queue lead less lottery lower males marginal productivity marginal-productivity theory maximize micro-economics monopoly necessary nomic on-the-job training percent physical wealth possible problem profits random-walk rate of return real capital markets result shift social social-welfare function statistical discrimination supply curve theory of distribution tion training costs variance wage competition wage differentials