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Revision - Labour Market Failure (presentation)

Wednesday, May 27, 2009
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Here is a revised streamed presentation on market failure in the labour market

There are many ways in which labour markets can malfunction and these market failures have serious economic and social consequences both at a micro and a macroeconomic level.

The presentation briefly covers

Labour immobility
Discrimination
Disincentives
Monopsony power in the labour market

And it flags up some examples of government intervention


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