Document Type

Discussion Paper

Publication Date

11-1-2017

CFDP Number

2112R

CFDP Revision Date

08/07/2020

CFDP Pages

58

Journal of Economic Literature (JEL) Code(s)

D62, E24, I2, J15, J16, J24

Abstract

We analyze the long-term workforce composition when the quality of mentoring available to majority and minority juniors depends on their representation in the workforce. A workforce with ≥ 50% majority workers invariably converges to one where the majority is overrepresented relative to the population. To maximize welfare, persistent interventions, such as group-specific fellowships, are often needed, and the optimal workforce may include minority workers of lower innate talent than the marginal majority worker. We discuss the role of mentorship determinants, talent dispersion, the scope of short-term interventions, various policy instruments and contrast our results to the classic fairness narrative.

Included in

Economics Commons

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