Do workers from social groups with comparable productivity distributions obtain comparable lifetime earnings? The authors study how a small amount of early-career discrimination propagates over time when workers’ productivity is revealed through employment. Breakdown learning environments that track on-the-job failures grant a disproportionately large advantage to marginally more favored groups, whereas breakthrough learning environments that track successes guarantee comparable earnings to groups of comparable productivity. This discrepancy persists with large labor markets, flexible wages, inconclusive signals, and misspecified employer beliefs. Allowing for investment in productivity exacerbates inequality between groups under breakdown learning.
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The seminar presentations are scheduled to last 60 minutes: 45 minutes of presentation and 15 minutes for both comments and questions.
We will experiment with various methods for questions: A moderator collects questions during the presentation. Speakers will be encouraged to pause every few slides to allow a gap for questions. The moderator will relay clarification questions or unmute selectively during the talk. Remaining questions will be collected and asked in the discussion period.
Just like with other initiated virtual seminars, these rules are subject to change as we gain experience with how to handle the seminar most efficiently.
The Virtual Market Design Seminar is an open online alternative to seminars cancelled due to the COVID-19. Seminars will cover all fields from market design. The seminar presentations are scheduled to last 60 minutes, after 45 minutes of presentation, 15 minutes are for both comments and question.