Microeconomics,, 16th Canadian Edition

then introduce discrimination between two sets of equally qualified workers. The discussion here is phrased in terms of males an ...

Figure 14-3 The Effect of Discrimination on Wages Now suppose discrimination enters in an extreme form: All E occupations are he ...

workers in E have higher skills than those in O. This is an equilibrium wage differential.) Since men and women have the same di ...

differentials. The simple answer is that the differentials will persist as long as the discrimination itself persists. Consider ...

The attitudes of many white customers were responsible for much discrimination against black people in the United States in the ...

and act on it, there will be an increase in demand for well-qualified women, eventually reversing the effects of the initial dis ...

Wage Differentials in Non-competitive Labour Markets We have examined several explanations for why wage differentials exist in c ...

Figure 14-4 A Monopoly Union in a Labour Market As the single seller of labour services to many firms, the union is a monopolist ...

A union operating in an otherwise competitive market can raise the wages of people who continue to be employed but only by reduc ...

programs at universities, the restricted supply of labour drives wages in these occupations higher than they would otherwise be. ...

Figure 14-5 A Monopsony Firm in a Labour Market of labour. And what is the marginal cost of an extra worker? In order to hire on ...

workers are employed at $15.00 per hour and that to attract an extra worker, the wage must be raised to $15.25 per hour. The mar ...

the provincial Ministry of Health negotiates with a large nurses’ union or when an association of NHL players negotiates with an ...

Legislated Minimum Wages We have examined wage differentials arising in competitive and non- competitive labour markets. Governm ...

Figure 14-6 The Predicted Effects of Minimum Wages industries, which often involve unskilled or semi-skilled workers. These work ...

Minimum wages are predicted to reduce employment in competitive labour markets; the predicted effects on employment in monopsoni ...

which the monopsony wage is and employment is As in our analysis of Figure 14-5 , the monopsonist is using its market power to k ...

keep their jobs gain when the minimum wage is raised. There is some evidence that some groups suffer a decline in employment con ...

immediately after the change in legislation. Proponents of this view argue that the total employment effects of minimum wages ca ...

Figure 14-7 Union Membership in Canada, 1921–2018 14.2 Labour Unions Unions currently represent about 25 percent of the labour f ...