Discrimination may be said to occur in a market where individuals face terms of trade that are determined by personal characteristics which do not appear directly relevant to the transaction. Most concern has centred on differential treatment by race or ethnic group, and by sex. The primary focus has been on the labour market and housing market, with research motivated, in large part, by controversy over the role of government in maintaining or eliminating observed differentials.
KeywordsLabour Market Wage Differential Labour Market Participation Statistical Discrimination Money Income
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