Economic Pluralism in the Study of Wage Discrimination: A Note

Nick Drydakis

No 11293, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Economic pluralism proposes that economists and social planners should consider alternative theories to establish a range of policy actions. Neoclassical, Feminist and Marxian theories evaluate well-grounded causes of wage discrimination. Racist attitudes, uncertainties regarding minority workers' productivity and power relations in lower-status sectors might generate discriminatory wages. Each cause deserves corresponding policy action. Given pluralism, wage discrimination might be reduced by implementing equality campaigns, creating low-cost tests to predict workers' productivity and abolishing power relations towards minority workers. Pluralism might be jeopardised if there is a limited desire to engage with less-dominant theoretical frameworks. Also, pluralism might be misled with rejection of dominant theories.

Keywords: economic pluralism; schools of economic thought; wages; discrimination (search for similar items in EconPapers)
JEL-codes: B4 B5 B54 J71 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2018-01
New Economics Papers: this item is included in nep-hme and nep-pke
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Citations: View citations in EconPapers (1)

Published - published in: International Journal of Manpower, 2018, 39 (4), 631-636

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Journal Article: Economic pluralism in the study of wage discrimination: a note (2018)
Working Paper: Economic Pluralism in the Study of Wage Discrimination: A Note (2018)
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