Tham khảo tài liệu 'chương 13 vốn con người, phân biệt đối xử và công đoàn', kinh doanh - tiếp thị, quản trị kinh doanh phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | Chapter 13 Human capital, discrimination and trade unions David Begg, Stanley Fischer and Rudiger Dornbusch, Economics, 6th Edition, McGraw-Hill, 2000 Power Point presentation by Peter Smith Hourly earnings in the UK 1998 In both manual and non-manual occupations, men are seen to earn more than women. Does this mean there is discrimination? 13. See the introduction to Chapter 13 in the main text, and Table 13-1. Sources of differential pay Education and training Job experience Race and gender Trade union membership 13. See the introduction to Chapter 13 in the main text. Human capital The stock of expertise accumulated by a worker It is valued for its income-earning potential in the future A form of investment 13. See Section 13-1 in the main text. Age-earnings profiles Age-earnings profiles show how typical earnings vary with age and educational qualifications education induces a differential which tends to increase with age Age Income No formal qualifications A-level or | Chapter 13 Human capital, discrimination and trade unions David Begg, Stanley Fischer and Rudiger Dornbusch, Economics, 6th Edition, McGraw-Hill, 2000 Power Point presentation by Peter Smith Hourly earnings in the UK 1998 In both manual and non-manual occupations, men are seen to earn more than women. Does this mean there is discrimination? 13. See the introduction to Chapter 13 in the main text, and Table 13-1. Sources of differential pay Education and training Job experience Race and gender Trade union membership 13. See the introduction to Chapter 13 in the main text. Human capital The stock of expertise accumulated by a worker It is valued for its income-earning potential in the future A form of investment 13. See Section 13-1 in the main text. Age-earnings profiles Age-earnings profiles show how typical earnings vary with age and educational qualifications education induces a differential which tends to increase with age Age Income No formal qualifications A-level or equivalent University degree or equivalent 13. See Section 13-1 in the main text, and Figure 13-1. Worker organizations designed to affect pay and working conditions A closed shop an agreement that all the firm's workers will be members of a trade union. A trade union may raise wages by restricting labour supply Trade unions 13. See Section 13-3 in the main text. Unions in the labour market Employment Wage W0 With no union, the industry faces a horizontal labour supply curve at the wage W0. Given industry demand for labour DD, equilibrium is at E0. D D E0 N0 By restricting labour supply to N1, the union can increase wage to W1 N1 W1 The differential is larger for any given reduction in industry employment, the more inelastic is industry labour demand 13. See Section 13-3 in the main text, and Figure 13-5. Discrimination? Women and non-whites on average receive lower incomes than white males women and non-whites are concentrated in relatively unskilled jobs with fewer .