Neoclassical Explanations For Discrimination
Neoclassical labor economists explain the existence and persistence of discrimination based on tastes for discrimination and statistical discrimination theories. While overcrowding model moves away from neoclassical theory, the institutional models are non-neoclassical.
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“In the nineteenth century ... explanations of who and what women were focused primarily on reproductive eventsmarriage, children, the empty nest, menopause. You could explain what was happening in a womans life, it was believed, if you knew where she was in this reproductive cycle.”
—Grace Baruch (20th century)
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