Bowlus, A.J.; Eckstein, Z. - Foerder Institute for Economic Research, Eitan Berglas … - 1998
In this paper we analyze an equilibrium search model with three sources for age and unemployment differentials among workers with the same (observed) human capital, but different appearance (race): unobserved productivity (skill), search intensities and discrimination (Becker 1957) due to an...