Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/177097 
Authors: 
Year of Publication: 
2018
Series/Report no.: 
IZA Discussion Papers No. 11293
Publisher: 
Institute of Labor Economics (IZA), Bonn
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.
Subjects: 
economic pluralism
schools of economic thought
wages
discrimination
JEL: 
B4
B5
B54
J71
Document Type: 
Working Paper

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