Shifting Competition, Affirmative Action, and Human Capital Accumulation PDF Download
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Author: Brent Hickman
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
We analyze a theoretical model in which many heterogeneous agents invest in productive human capital as they compete for better college seats or employment opportunities. We derive theoretical predictions about how intensity of market competition and/or preferential treatment allocation policies change the distribution of effort and human capital accumulation across different population groups. Our main results highlight how Spence-like incentives still play a significant role in many important market settings with dominant Beckerian incentives, where effort produces intrinsically valuable human capital. We show that the findings are robust to a range of assumptions, and discuss policy implications of these results.
Author: Brent Hickman
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
We analyze a theoretical model in which many heterogeneous agents invest in productive human capital as they compete for better college seats or employment opportunities. We derive theoretical predictions about how intensity of market competition and/or preferential treatment allocation policies change the distribution of effort and human capital accumulation across different population groups. Our main results highlight how Spence-like incentives still play a significant role in many important market settings with dominant Beckerian incentives, where effort produces intrinsically valuable human capital. We show that the findings are robust to a range of assumptions, and discuss policy implications of these results.
Author: Christopher Cotton
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
We develop a model in which many heterogeneous agents invest in human capital as they compete for better college admission slots or employment opportunities. The model provides theoretical predictions about how affirmative action or preferential treatment policies change the distribution of effort, human capital accumulation, and job/college slot allocations across different population groups. Our findings deliver two key insights. First, incentives to invest in human capital depends substantially on the strength of one's competition. Second, we find evidence of a counter-intuitive role for preferential treatment in promoting overall human capital development.
Author: Christopher Cotton
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 0
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Book Description
Pre-College human capital investment occurs within a competitive environment and depends on market incentives created by Affirmative Action (AA) in college admissions. These policies affect mechanisms for rank-order allocation of college seats, and alter the relative competition between blacks and whites. We present a theory of AA in university admissions, showing how the effects of AA on human capital investment differ by student ability and demographic group. We then conduct a field experiment designed to mimic important aspects of competitive investment prior to the college market. We pay students based on relative performance on a mathematics exam in order to test the incentive effects of AA, and track study efforts on an online mathematics website. Consistent with theory, AA increases average human capital investment and exam performance for the majority of disadvantaged students targeted by the policy, by mitigating so-called "discouragement effects." The experimental evidence suggests that AA can promote greater equality of market outcomes and narrow achievement gaps at the same time.
Author: Julio J. Rotemberg
Publisher:
ISBN:
Category :
Languages : en
Pages : 34
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Book Description
Author: Andrea Moro
Publisher:
ISBN:
Category :
Languages : en
Pages : 42
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Book Description
Author: Shigesaburo Kabe
Publisher: World Scientific
ISBN: 9814725188
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
Besides export expansion, a growing middle class in Asia has contributed to the area's economic expansion, providing Asian countries with a window of opportunity to leap from low/middle income levels to high income levels. It may sound easy for these countries to run up the ladder of economic growth, but the potential risks of quickly shifting from low/middle to high income levels are often overlooked. Careful studies in history reveal that the experience of moving up the ladder of economic growth has varied among countries.This book explores (1) the current state of Asian economies and 2) the conditions or policy counter-measures that lead to higher income levels under changing external circumstances. This is illustrated through case studies on five Asian economies, with emphasis on their structural problems. It also aims to paint a comprehensive picture of necessary policies, which will encourage Asian countries to move up the ladder of growth.
Author: Hwok-Aun Lee
Publisher: Routledge
ISBN: 1351626221
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
Malaysia and South Africa implement the most extensive affirmative action programmes worldwide. This book explores why and how to effect preferential treatment which has been utilized in the pursuit of inter-ethnic parity, specifically in higher education, high-level occupations, enterprise development and wealth ownership. Through methodical and critical analyses of data on education, workforce and population, the book evaluates the primary objectives of increasing majority representation in education, employment, enterprise and ownership. The book also critically considers questions of the attainments and limitations of ethnic preferential treatment in reducing disparity, the challenges of developing capability and reducing dependency and the scope for policy reforms.
Author: Frank Ackerman
Publisher: Island Press
ISBN: 9781597263290
Category : Business & Economics
Languages : en
Pages : 464
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Book Description
Human impacts on the environment are largely driven by economic forces. If a more ecologically sustainable world is to be achieved, significant changes must be made to the current growth- and consumption-dependent economic system. The Frontier Issues in Economic Thought series was designed to assist the growing number of economists and others who are responding to the need for new thinking about economics in the face of environmental and social forces that are reshaping the world.The Changing Nature of Work examines the causes and effects of the rapid transformation of the world of work. It provides concise summaries of the key writings on work and workplace issues, extending the frontiers of labor economics to include the often overlooked social and psychological dimensions of work.The book begins with a foreword by former Secretary of Labor Robert Reich that presents labor in contemporary perspective. An introductory overview provides a brief history of the changing nature of work and situates current problems in the context of longer-term developments. Following that are eight topical sections that feature three- to five-page summaries for each of the ten to twelve most important articles or book chapters on a subject.Sections cover.new directions in labor economics social and psychological dimensions of work and unemployment globalization and labor new technologies and organizational change flexibility and internal labor markets new patterns of industrial relations family, gender, paid and unpaid work difference and diversity in the workplaceThe book provides a roadmap for scholars on the vast and diverse literature concerning labor issues, and affords students a quick overview of that rapidly changing field. It is an important contribution to the series and is a valuable book for anyone interested in labor, as well as for students and scholars of labor economics, industrial sociology, industrial relations, social psychology, and their respective disciplines.
Author: Thomas D Boston
Publisher: Routledge
ISBN: 1134865376
Category : Business & Economics
Languages : en
Pages : 155
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Book Description
This volume isolates the cause of continuing disparities not only between blacks and whites, but amongst blacks as well. Key factors discussed include the current state of the economy the influence of public policies, the persistence of urban poverty, economic opportunities, changes in family and social structure and equal opportunities. The city o
Author: Richard D. Kahlenberg
Publisher:
ISBN: 9780870785412
Category : Education
Languages : en
Pages : 0
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Book Description
As the United States experiences dramatic demographic change--and as our society's income inequality continues to rise--promoting racial, ethnic, and economic inclusion at selective colleges has become more important than ever. At the same time, however, many Americans--including several members of the U.S. Supreme Court--are uneasy with explicitly using race as a factor in college admissions. The Court's decision in Fisher v. University of Texas emphasized that universities can use race in admissions only when "necessary," and that universities bear "the ultimate burden of demonstrating, before turning to racial classifications, that available, workable race-neutral alternatives do not suffice." With race-based admission programs increasingly curtailed, The Future of Affirmative Action explores race-neutral approaches as a method of promoting college diversity after Fisher decision. The volume suggests that Fisher might on the one hand be a further challenge to the use of racial criteria in admissions, but on the other presents a new opportunity to tackle, at long last, the burgeoning economic divisions in our system of higher education, and in society as a whole. Contributions from: Danielle Allen (Princeton); John Brittain (University of the District of Columbia) and Benjamin Landy (MSNBC.com); Nancy Cantor and Peter Englot (Rutgers-Newark); Anthony P. Carnevale, Stephen J. Rose, and Jeff Strohl (Georgetown University); Dalton Conley (New York University); Arthur L. Coleman and Teresa E. Taylor (EducationCounsel LLC); Matthew N. Gaertner (Pearson); Sara Goldrick-Rab (University of Wisconsin-Madison); Scott Greytak (Campinha Bacote LLC); Catharine Hill (Vassar); Richard D. Kahlenberg (The Century Foundation); Richard L. McCormick (Rutgers); Nancy G. McDuff (University of Georgia); Halley Potter (The Century Foundation); Alexandria Walton Radford (RTI International) and Jessica Howell (College Board); Richard Sander (UCLA School of Law); and Marta Tienda (Princeton).
