Labor markets segmented

Reading past the typical Victorian disparagement of the lower orders (did Mill assume that none of them would read his book ), we can recognize the modern institutionalist position that involuntary unemployment in conjunction with labor market segmentation defeats the hypothetical efficiency claims of the free market. This view eventually had a decisive impact on public opinion by the end of the century few defenders of Smithian orthodoxy could be found. As I will argue later, however, this temporary reversal had more to do with the stubbornness of the evidence of inequality and abuse than with the logical force of Mill s argument. 

Recalling that Mill claimed that only the most favored workers would receive compensation for assuming risk, we can consider the two published attempts to combine labor market segmentation and hedonic wage regression. The first of these was conducted by Robinson (1984),... 

Dickens, William T. and Kevin Lang. 1991. Labor Market Segmentation Theory Reconsidering the Evidence. Unpublished manuscript. 

Graham, Julie and Don M. Shakow. 1990. Labor Market Segmentation and Job-Related Risk Differences in Risk and Compensation between Primary and Secondary Labor Markets. American Journal of Economics and Sociology. 49(3, July) 307-23... 

Regressive incidence Labor market segmentation Procyclical... 

The view that the labor market, rather than being a single, competitive entity, is composed of many layers, with workers in each more-or-less trapped for life, has its roots in the nineteenth century, but its modem form is strikingly different. The older version of segmentation theory was based on workers personal characteristics some were just more reliable or productive by nature and could command higher wages and better... 

In this and the discussion that follows I am assuming the simplest version of segmentation, with two segments only - labor market duality. Some... 

Payroll taxes contribute to the segmentation of the labor market into formal and informal sectors. Keeping payroll taxes as low as is consistent with their use in affiliation-based social insurance is thus desirable. 

Whalley, P. (1984), Deskilling engineers The labor process, labor markets, and labor segmentation . Social Problems, vol. 32, 1 (December), pp. 117-32. 

There are two basic segments in the floor care market the household market which has been declining as a result of changing lifestyles and no-wax floors, and the industrial and institutional (I I) market. Whereas trends in the former have stressed convenience, the I I market, which has been hoi ding fairly steady, has focused on labor saving, either through increased durabihty or faster maintenance. 

The rubber hose industry is one of the two largest segments of nontire rubber fabricators. Worldwide, the hose industry had about 6 billion dollars in total sales in 2010. Automotive and industrial are two very large market areas for hose. Some hose processes, for machine-made and hand-built hose, are very labor intensive. Processes for braided and spiral hose are less labor intensive. Hoses constructed in the factory are commonly cured in autoclaves. 

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