1.

Record Nr.

UNINA9910814895603321

Autore

Vardy Felix

Titolo

Diversity in the Workplace / / Felix Vardy, John Morgan

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-4676-6

1-4519-9136-3

1-283-51896-1

1-4519-0950-0

9786613831415

Descrizione fisica

1 online resource (47 p.)

Collana

IMF Working Papers

Altri autori (Persone)

MorganJohn

Soggetti

Diversity in the workplace

Multiculturalism

Labor

Demography

Firm Behavior

Equity, Justice, Inequality, and Other Normative Criteria and Measurement

Labor Discrimination

Labor Discrimination: Public Policy

Demographic Economics: General

Unemployment: Models, Duration, Incidence, and Job Search

Labor Force and Employment, Size, and Structure

Demand and Supply of Labor: General

Labour

income economics

Population & demography

Population and demographics

Labor force

Unemployment

Unemployment rate

Labor markets

Population

Labor market

Netherlands, The



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"October 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. Introduction""; ""II. Related Literature""; ""III. Model""; ""IV. Optimal Search and Hiring""; ""V. Performance Metrics""; ""VI. Policy Implications""; ""VII. Conclusions""; ""Appendix: Proofs of Lemmas, Propositions and Implications""; ""References""

Sommario/riassunto

We study a model where an employer, trying to fill a vacancy, engages in optimal sequential search by drawing from two subpopulations of candidates who differ in their "discourse systems": during an interview, a minority candidate with a discourse system not shared with the employer conveys a noisier unbiased signal of ability than does a majority candidate. We show that, when the employer is "selective," minority candidates are underrepresented in the permanent workforce, fired at greater rates, and underrepresented among initial hires, even though the employer has no taste for discrimination and the populations are alike in their average ability. Furthermore, workplace diversity is increased if: (1) the cost of firing is reduced, (2) the cost of interviewing is increased, (3) the opportunity cost of leaving the position unfilled is increased, or (4) the prior probability that a candidate can perform the job is increased. Indeed, if the prior probability is sufficiently high, or the cost of firing sufficiently low, then minority candidates may be overrepresented in the permanent workforce.