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Sherwin Rosen

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Abstract

This paper provides a critical survey of Sherwin Rosen’s contributions to economics. I identify the ideas that influenced him and the themes—diversity and inequality—that connect his papers. The model of compensating price differentials (Rosen 1974) is his greatest hit. The more general “equalizing differences” approach was a signature feature of his research in labor economics and other fields. I also evaluate the merits of Rosen (1979), through which he receives credit for the influential Roback-Rosen model in urban economics. And several of his most influential papers substantiate my claim that Rosen was an inequality economist.

Suggested Citation

  • Kenneth J. McLaughlin, 2020. "Sherwin Rosen," Economics Working Paper Archive at Hunter College 450, Hunter College Department of Economics.
    • Handle: RePEc:htr:hcecon:450
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    File URL: http://econ.hunter.cuny.edu/wp-content/uploads/sites/6/RePEc/papers/HunterEconWP450.pdf
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    More about this item

    Keywords

    Compensating Differentials; Labor Economics; Equalizing differences; inequality;
    All these keywords.

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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