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EC317 Labour Economics > Topic 5: Labour market inequality > Flashcards

Topic 5: Labour market inequality Flashcards

1
Q

Reasons of wage differentials

A
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2
Q

Measuring inequality: Gini coefficient

A
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3
Q

Possible factors that widened wage gap

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4
Q

Luddite Fallacy

A

Online definition:

  • The Luddite fallacy is the simple observation that new technology does not lead to higher overall unemployment in the economy.
  • New technology doesn’t destroy jobs – it only changes the composition of jobs in the economy.
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5
Q

Changes in wage structure from shifts in supply and demand

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6
Q

Inequality across generations

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7
Q

Intergenerational link in skills

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8
Q

The future of employment

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9
Q

Technological change in the long run

A
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EC317 Labour Economics (9 decks)

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