Factor mobility measures the extent to which factor inputs such as land, labour and capital can easily switch between alternative uses with no loss of efficiency. There are two main types of factor immobility both of which are causes of market failure:
- Occupational immobility - barriers to moving easily between jobs.
- Geographical immobility – barriers to changing location to get a new job.
Reducing unemployment - Supply-side policies
3 million new social homes needed over 20 years
8th January 2019
The derived demand for pilots
29th August 2018
Transport Gaps and Barriers to Finding Work
7th August 2018
Labour Market Failure (Labour Markets)
Adapt to survive in an intangible world
9th December 2017
Labour mobility limits tax raising powers
5th July 2017