TY - JOUR
T1 - Labor market underpinnings of a caste economy
T2 - Foiling the coase theorem
AU - Scoville, James G.
PY - 1996/10
Y1 - 1996/10
N2 - 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 render such a caste-type system immune to erosion by labor market competition. Historical and contemporary evidence is presented to support these arguments.
AB - 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 render such a caste-type system immune to erosion by labor market competition. Historical and contemporary evidence is presented to support these arguments.
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U2 - 10.1111/j.1536-7150.1996.tb02636.x
DO - 10.1111/j.1536-7150.1996.tb02636.x
M3 - Article
AN - SCOPUS:33750217628
SN - 0002-9246
VL - 55
SP - 385
EP - 394
JO - American Journal of Economics and Sociology
JF - American Journal of Economics and Sociology
IS - 4
ER -