A Solution To Eradicate Jobless Growth: Meritocracy

The Growth of Jobless Households in Australia

Individual and household based aggregate measures of joblessness offer conflicting signals about labour market performance. This paper shows that while individual based measures of joblessness have remained fairly stable over the last 10 years or so and have fallen after highs in the early 1980s, household measures of joblessness have risen. Joblessness among the working age population has beco...

Jobless growth: appropriability, factor substitution, and unemployment * A comment

Caballero and Hammour present a fresh view of Eurosclerosis, especially of chronic high unemployment. In the earlier standard view, chronic unemployment results from real wages that are fixed at levels that preclude full employment. In addition, generous unemployment compensation, unlimited in duration, is paid to keep the unemployed happy. Wage rigidity is central to the story-if employers cou...

The Long Road to Eradicate Rinderpest

Essays Meritocracy and Brazilian Society down with Meritocracy

“Down with meritocracy” is a frequent sentence in posters displaying demands from different professional categories on strike and other union demands in Brazil. So, it is far from being new. What is interesting, in the present moment, is that this demand – “down with meritocracy” – is reproduced simultaneously with a Brazilian party-political, administrative and institutional discourse change, ...

Affirmative Action, Meritocracy, and Efficiency on Behalf Of: Affirmative Action, Meritocracy, and Efficiency

This article provides a framework for comparing meritocratic and affirmative action admissions policies. The context of the analysis is admissions to public universities; admission rules are evaluated as part of the public investment problem faced by a state government. Meritocratic and affirmative admissions policies are compared in terms of their effects on the level and distribution of human...