| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14273 |
| 来源ID | Working Paper 14273 |
| Racial Discrimination and Competition | |
| Ross Levine; Alexey Levkov; Yona Rubinstein | |
| 发表日期 | 2008-08-21 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | This paper assesses the impact of competition on racial discrimination. The dismantling of inter- and intrastate bank restrictions by U.S. states from the mid-1970s to the mid-1990s reduced financial market imperfections, lowered entry barriers facing nonfinancial firms, and boosted the rate of new firm formation. We use bank deregulation to identify an exogenous intensification of competition in the nonfinancial sector, and evaluate its impact on the racial wage gap, which is that component of the black-white wage differential unexplained by Mincerian characteristics. We find that bank deregulation reduced the racial wage gap by spurring the entry of non- financial firms. Consistent with taste-based theories, competition reduced both the racial wage gap and racial segregation in the workplace, particularly in states with a comparatively high degree of racial prejudice, where competition-enhancing bank deregulation eliminated about one-quarter of the racial wage gap after five years. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Financial Economics ; Financial Institutions ; Labor Economics ; Labor Compensation ; Labor Discrimination |
| URL | https://www.nber.org/papers/w14273 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571945 |
| 推荐引用方式 GB/T 7714 | Ross Levine,Alexey Levkov,Yona Rubinstein. Racial Discrimination and Competition. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14273.pdf（773KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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