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• W1970796844 abstract "This article proposes a theoretical framework for understanding the nature of institutions, contributing to the emergence of the divergence in earnings. In the article, social exclusion is considered as a direct consequence of unequalized opportunities. The population consists of both qualified and unqualified workers. The article shows that there is a threshold level of average performance by unqualified workers below which only qualified workers can earn the higher wage rate. Social exclusion shapes the structure of incentives, and thereby can in itself be the cause of differences in economic performance." @default.
• W1970796844 created "2016-06-24" @default.
• W1970796844 creator A5016002271 @default.
• W1970796844 date "2011-05-01" @default.
• W1970796844 modified "2023-09-26" @default.
• W1970796844 title "An economic analysis of social exclusion and inequality" @default.
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• W1970796844 doi "https://doi.org/10.1016/j.socec.2010.12.012" @default.
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