LABOR ECONOMICS
LABOR ECONOMICS
8th Edition
ISBN: 9781260004724
Author: BORJAS
Publisher: RENT MCG
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Chapter 7, Problem 8P
To determine

The effect of government provided job training programme on the self-selection issue.

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Which of the following regarding family-friendly workplace practice is correct? Multiple Choice None of the answer choices are correct. Empirical research finds little evidence to support the use of the theory of compensating wage differentials to explain family-friendly workplace practice. Conditions such as the availability of parental leave, flexible working hours, job sharing, and taking time off work and making it up later are all part of the family- friendly workplace programs advocated by the government. One cannot use the theory of compensating wage differentials to explain family- friendly workplace practice, since people are not willing to accept lower wages in return to family-friendly work environment. One cannot use the theory of compensating wage differentials to explain family- friendly workplace practice since it is not viewed as a job characteristic.
Distinguish between bribery and kick back with ONE example each to illustrate these unethical behaviours. On average, female in US earn about 20% less than male in similar jobs requiring identical qualifications and experiences. Identity and describe the program that aims to close this gender pay gap.
Presently, there is a minimum and maximum social security benefit paid to retirees. Between these two bounds, a retiree’s benefit level depends on how much she contributed to the system over her work life. Suppose Social Security was changed so that everyone aged 65 or older was paid $12,000 per year regardless of how much she earned over her working life or whether she continued to work after the age of 65. How would this likely affect hours worked of retirees?
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