School of Economics | Government intervention in the labour market
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19 Apr

Posted at 00:39h in Uncategorized by
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Tejvan Pettinger Government intervention in the labour market to reduce inequality and market failure can take various forms. Minimum wages/living wagesMaximum wages (rarely used)Legislation to prevent discrimination on the grounds of age, sex, religion.Legislation to support or regulate trade unions.Maximum working weekLegislation on health and safetyBehavioural nudges...