Race, Markets, and Social Outcomes / Edition 1

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The market power hypothesis, which asserts that racial discrimination and market competition are inversely correlated, is challenged by the essays presented in Race, Markets, and Social Outcomes. These essays address a number of important topics - employment, wage inequality and discrimination, health, crime, and housing and credit markets - and answer a series of interrelated questions: Is racism a significant variable in the competitive allocation of market goods and services? What are the limitations of conventional modes of analysis used to explain variation in interracial economic outcomes? Are there any policy innovations that can be derived from recent theoretical and empirical research?
Race, Markets, and Social Outcomes will serve as a valuable reference to anyone studying, teaching or researching the complex interaction among race, institutions, and market and social outcomes. Also, the interdisciplinary nature of the volume will aid graduate study in several academic areas, including economics, sociology, African American studies and urban studies.

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Editorial Reviews

Challenges the market power hypothesis, which asserts that racial discrimination and market competition are inversely correlated, with essays on employment, wage inequality, health, crime, and housing and credit markets. Specific topics include self-employed and employee African Americans in the New York city construction industry, measuring wage discrimination, and race as an issue in housing and credit markets. For those researching the interactions among race, institutions, and market and social outcomes, and for students in economics, sociology, African-American studies, and urban studies. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9780792398936
  • Publisher: Springer US
  • Publication date: 9/6/2007
  • Series: Recent Economic Thought Series, #54
  • Edition description: 1997
  • Edition number: 1
  • Pages: 194
  • Product dimensions: 0.50 (w) x 9.21 (h) x 6.14 (d)

Table of Contents

Introduction. I. Self-Employment: Escape From Racism? 1. The Status of Self-Employed and Employee African Americans in the New York City Construction Industry; T. Bates, D. Howell. 2. Black Employment Criminal Activity and Entrepreneurship: A Case Study of New Jersey; S. Myers, Jr., W.E. Spriggs. II: Racial Wage Inequality and Discrimination. 3. Measuring Wage Discrimination During Periods of Growing Overall Wage Inequality; W.M. Rodgers, III. III: Health. 4. Will Greater Competition Improve the Markets for Health Care Services and the Health Outcomes for Black Americans; W. Leigh. 5. The Continuing Significance of Race in Meeting the Health Care Needs of Black Elderly; S. White-Means. IV: Race Crime and the Neighborhood. 6. Race and Crime: What is the Connection; K. Gyimah-Brempong. 7. Why Does Race Matter in Housing and Credit Markets? G. Dymski. Contributing Authors. Index.

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