Contemporary Labor Economics
11th Edition
ISBN: 9781259290602
Author: Campbell R. McConnell, Stanley L. Brue, David Macpherson
Publisher: McGraw-Hill Education
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Chapter 3, Problem 7QS
To determine
Compare the participation rates of white and African-American women and white and African-American men.
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How do social scientists measure income segregation? Racial segregation? Explain how researchers explore the extent to which racial segregation is the product of income segregation. What are the major findings of this work? What factors other than income differences contribute to racial segregation? Discuss.
Please identify the main reasons for the differences in the proportions of men and women in national and regional populations.
Please identify the main reasons for the differences in the proportions of men and women in national and regional population.
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- is there a gap between the mean earnings for male and female recent college graduates?arrow_forwardThe labor demand and supply data in the following table relate to a single occupation. Use them to answer the questions that follow. Base your answers on the taste-for-discrimination model. a. Plot the labor demand and supply curves for Hispanic workers in this occupation.b. What are the equilibrium Hispanic wage rate and quantity of Hispanic employment? c. Suppose the white wage rate in this occupation is $16. What is the Hispanic-to-white wage ratio?d. Suppose a particular employer has a discrimination coefficient d of $5 per hour. Will that employer hire Hispanic or white workers at the Hispanic-white wage ratio indicated in part c? Explain.e. Suppose employers as a group become less prejudiced against Hispanics and demand 14 more units of Hispanic labor at each Hispanic wage rate in the table. What are the new equilibrium Hispanic wage rate and level of Hispanic employment? Does the Hispanic-white wage ratio rise or fall? Explain.f. Suppose Hispanics as a group increase their labor…arrow_forwardThe U.S. Bureau of the Census reported that, on average, white men earn $50, 945, whereas white women earn $31,008. Economic discrimination explains at least some of this wage gap, but economists think that there are other factors that also contibute to wage gaps. Which factor is not an explanation offered by economists for these types of wage gaps? Various groups in the population graduate from college at varying rates. Differences in earnings can be explained in part by differences in educational attainment. Men and women take different types of jobs. Men are more likely to prioritze jobs with higher wages, and women are more likely to prioritize jobs with other desirable characteristics. On average, men and women have different amounts of experience in their jobs. Ceteris paribus, men are less likely to temporarily leave the workforce and, therefore, have more experience than women. There are innate differences between men and women that make men more productive than women. Because…arrow_forward
- Why is income inequality in America so pronounced? Consider education Outsourcing, immigration, and the gains of the super-rich are the most common reasons for the income inequality in America. Tyler Cowen disagrees: The problem is largely the lack of education. To date, outsourcing is not yet common enough to have much effect. Immigration doesn't account for much of the change in the wages paid to unskilled workers since 1950. Advances in technology raises the incomes of highly skilled workers. Inequality will be reduced if more people undertake education. Source: The New York Times, May 17, 2007 Immigrants to the United States include unskilled workers from Mexico and skilled workers from countries such as India and China. How would each of these types of immigrants influence the personal distribution of income? Unskilled immigrant workers and skilled immigrant workers O A. increase the percentage of total income earned by the poorest 20 percent; decrease the percentage of total…arrow_forward1. Understanding income inequality Consider the town of Scholaria with a population of 5,000 people. There are 1,000 high school students, 1,000 undergraduate students, 1,000 graduate students, 1,000 economics professors, and 1,000 retired economists. Suppose that the total annual income in the economy is $100 million: Each high school student earns $4,000 annually; each undergraduate earns $10,000 annually; each graduate student earns $25,000 annually; each professor earns $55,000 annually; and each retiree earns $6,000 annually. The following chart shows the income distribution for the town of Scholaria. SHARE OF TOTAL INCOME (Percent) 60 50 40 30 & 10 0 HighSchool Undergrads Grads Profs Retireesarrow_forwardExplain the concept of mobility transition (briefly), and the main geographic mobility features of the superadvanced society.arrow_forward
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