t6 - discrimination of the labour market Flashcards
what is labour market discrimination
when employers with monosny power pay different wages for same job
when does wage discrimination occur
when employers make descions based on prejudice, race, gender, etc
what determines high wage
when demand is high adn inelastic and when supply is lwo and inelastic
what causes low wages
supply si elastic and high and demadn is lwo adn elastic
what causes wage differential amongst occupations
difference in efficiency
presence of non competign factors
imobbility of labour
nature of emplyment
level of qualifications requried
productiviy
ty
regualrity fo emplyment
scope for extra earning
what causes wage differentials ebtween particular groups
skilled and unskilled workers
trade union protections
compensating risk levels
revenue creation
gender
ethnicity
what is negatiev discrimination
where workers are treated less favourbly
what is positive discirmination
when an employer favours a particular group of workers more
what is positive discirmination
when an employer favours a particular group of workers more
what causes discrimination
firms believe x workers mrpl is lwoer/higher than it actually is