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Valuing Diversity

Bibliographic Data

ID10177796
AuthorsRoland G Fryer (0000-0002-4512-423X, Harvard University Press), Glenn C Loury (John Brown University)
Year2013
Volume121
Issue4
Pages747-774
Publication date2013-08-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Political Economy (JOURNAL)
Journal identifiersISSN: 0022-3808 • E-ISSN: 1537-534X
PublisherUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/671180
PMID25525280
PMCIDPMC4267477
OpenAlexW4238481630
LanguageEN
Citations received8
References cited7

This paper explores the economics of diversity-enhancing policies. A model is proposed in which heterogeneous agents, distinguished by skill level and social identity, purchase productive opportunities in a competitive market. We analyze policies designed to raise the status of a disadvantaged identity group. When agent identity is contractible, efficient policy grants preferred access to slots but offers no direct assistance for acquiring skills. When identity is not contractible, efficient policy provides universal subsidies to skill development when the fraction of the disadvantaged group at the skill development margin is larger than their share at the slot assignment margin

Business · Contractible space · Disadvantaged · Diversity (politics · Economic growth · Economics · Identity (music · Industrial organization · Margin (machine learning · Market economy · Microeconomics · Political science · Public economics · Social group · Social identity theory · Social science · Sociology · Subsidy · Computer Science · Economic Policies and Impacts · Labor market dynamics and wage inequality · Mathematics · Politics, Economics, and Education Policy

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Unique citing works8
Citations per year0,62
Citation span2013 - 2025 (13)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 8

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