Labor Market Underpinnings of a Caste Economy: Foiling the Coase Theorem

Previous modellings by Akerlof and Scoville of a caste based economy, exemplified historically by India--in which occupations are hereditary, compulsory, and endogamous--are reviewed and contrasted. Coase/North arguments are advanced about the possible bases for labor market segmentation which would...

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Veröffentlicht in:	The American journal of economics and sociology 1996-10, Vol.55 (4), p.385-394
1. Verfasser:	Scoville, James G.
Format:	Artikel
Sprache:	eng
Schlagworte:	Caste CASTE SYSTEM Competition Dynamic modeling Economic models Economic Theory ECONOMICS EMPLOYMENT Equilibrium INDIA Labor Labor market Labor markets Labour market segmentation Labour market structure Market Market segmentation Marriage Matrices Permanence Population dynamics Population growth Remarriage Skilled workers Social classes Social impact Studies Transaction costs WORKERS, LABORERS, AND WORKING CONDITIONS
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