An Introduction to Labor Market Discrimination: Effects and Prevalence in the UK

The video tutorial explores various forms of discrimination, focusing on wage, gender, and race discrimination. It explains the concept of reservation wages and how firms might exploit them. The gender pay gap is discussed with examples from the UK and EU, highlighting causes like industry concentration and part-time work. Race discrimination is examined through a study on name-based biases in the US. Other forms of discrimination, such as age and disability, are also covered, emphasizing their illegality under the Equality Act 2010. The tutorial concludes with an economic analysis of discrimination's impact on labor markets and offers historical and current perspectives.

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