TY  - JOUR
AU  - Lang,Kevin
AU  - Dickens,William T.
TI  - Neoclassical and Sociological Perspectives on Segmented Labor Markets
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 2127
PY  - 1987
Y2  - 1987
UR  - http://www.nber.org/papers/w2127
L1  - http://www.nber.org/papers/w2127.pdf
N1  - Author contact info:
Kevin Lang
Department of Economics
Boston University
270 Bay State Road
Boston, MA  02215
Tel: 617/353-5694
Fax: 617/353-4001
E-Mail: lang@bu.edu

William Dickens
School of Public Affairs
University of Maryland
College Park, Maryland  20742-1821
Tel: 301 405-3494
E-Mail: wtdickens@gmail.com
AB  - Neoclassical theory has been misrepresented in the segmented economy literature. Consequently, most tests of "structural" vs. "neoclassical" models are inadequate. Moreover, segmented economy theorists have concentrated on the least significant departures of segmented models from neoclassical economics. In fact, neoclassical economists have developed elements of a segmented labor market model which is similar to the segmented economy theories. We sketch this model and argue that the neoclassical model gives a precise meaning to the concept of dual or segmented labor markets but does not suggest that a classification system for job characteristics must rely on a single dimension.
ER  -