We examine the effect of labor mobility constraints on racial wage discrimination. show that when monopsony power is low because relaxed constraints, firms cannot act their prejudice and discrimination disappears. This prediction taken to data by using an exogenous shock European football market. The Bosman ruling lifted restrictions player in 1995. Exploiting differences a panel top English cl...

The findings of this explorat,ion of interindustry mobility patterns have revealed the existence of sizable amounts of both voluntary and involuntary mobility among the labor force in the United States. The indication that there is a meaningful amount, of purposive mobility in the economy is reassuring. Its presence makes possible some of the marginal adjustments in the labor market envisaged i...

While enjoying the most rapid economic growth of all large industrialized nations, inequalities in the distribution of income have grown faster in the United States than in most developed nations since the late 1960s. Previous empirical analysis studying the effects of increasing globalization on income inequality defined “economic globalization” as international trade and capital flows. By exc...

This paper uses a unique panel dataset from China's initial reform of fiscal decentralization to analyze the relationships between fiscal decentralization, local economic development, and rural-rural undocumented inter-provincial labor mobility. Using a modified gravity model with Heckman Maximum Likelihood Estimation method, this paper shows that fiscal decentralization has two contending effe...

This paper reconstructs Marx’s theory of value in the context of the long-period method of the classical political economists centered on the distinction between market prices and natural prices around which they gravitate. The theory of value stems from considering the abstract problem of the self-organization of a division of labor through the exchange of products as commodities. The commodit...