Race and class in postindustrial employment
Article Abstract:
An analysis of race and class effects on postindustrial employment patterns reveals that black-white residential and employment segregation continued between 1940 and 1985 albeit different degrees. The study shows that social-welfare programs of the 1960s is not a significant cause of falling employment levels as with cultural values. The study also highlights that possible causes are urbanization, and changes in social structure.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1998
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The myth of the East Asian miracle: the macroeconomic implications of soft budgets
Article Abstract:
It was shown that government guarantees for large businesses can promote an inefficient allocation characterized by high average growth, high volatility and high savings that is common in East Asian economies. Reasons for government intervention in East Asia were examined. These include favoritism, encouraging risk-taking, social policy promotions, and implementation of industrial policies.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1999
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