A Voucher Supplement To Existing Anti-Discrimination Programs In The Job Market
Neil Garston,
Tom Larson and
Madhu Mohanty ()
Additional contact information Neil Garston: California State University, Los Angeles
Tom Larson: California State University, Los Angeles
Madhu Mohanty: Department of Economics and Statistics, California State University, Los Angeles
Abstract:
This paper draws on literatures on vouchers and discrimination, and derives an optimal voucher scheme as a supplement to standard anti-discrimination policies, including affirmative action. Surveying current policy methods, it compares efficiency and distributional effects of vouchers to those of the standard enforcement policies. The motivation for vouchers is based on efficiency, equity, and on observed divergence of racial unemployment rates combined with convergence of wage rates.
Ordering information: This journal article can be ordered from Dr. Mary H. Lesser, Department of Economics, Iona College, New Rochelle, NY 10801-1890 http://www.iona.edu/eea/publications/subandmem.htm