This volume contains revised versions of the papers presented in
1971 at the Princeton University Conference on Discrimination in
Labor Markets, and the formal discussions of them. This paper is by
Kenneth Arrow, winner of the Nobel Prize in Economics, who lays the
theoretical foundations of the economic analysis of discrimination
in labor markets. Finis Welch discusses the relationship between
schooling and labor market discrimination. Orley Ashenfelter's
paper presents a method for estimating the effect of an important
institution--trade unionism--on the wages of black workers relative
to whites. Ronald Oaxaca provides a framework for measuring the
extent of discrimination against women. Finally, Phyllis Wallace
examines public policy on discrimination and suggests strategies
for public policy in this area. Originally published in 1974. The
Princeton Legacy Library uses the latest print-on-demand technology
to again make available previously out-of-print books from the
distinguished backlist of Princeton University Press. These
editions preserve the original texts of these important books while
presenting them in durable paperback and hardcover editions. The
goal of the Princeton Legacy Library is to vastly increase access
to the rich scholarly heritage found in the thousands of books
published by Princeton University Press since its founding in 1905.
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