Borjas Fig 3-17 Wage and Employment Determination in a Competitive - - PowerPoint PPT Presentation

borjas fig 3 17 wage and employment determination in a
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Borjas Fig 3-17 Wage and Employment Determination in a Competitive - - PowerPoint PPT Presentation

Borjas Fig 3-17 Wage and Employment Determination in a Competitive Market unemployed workers vacancies firms Borjas Fig 4-1 Equilibrium in a Competitive Labor Market workers ES WS firms ES Employment of Individuals Aged 25 and Over


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unemployed vacancies workers firms

Borjas Fig 3-17 Wage and Employment Determination in a Competitive Market

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workers firms

Borjas Fig 4-1 Equilibrium in a Competitive Labor Market

ES WS

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ES

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Employment of Individuals Aged 25 and Over

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Employment of Individuals Aged 15 to 24 Years Old

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Employment in Urban Areas (Calgary and Edmonton)

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Employment in Non-Urban Areas (Other Five Alberta Regions)

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Employment in the $11.20 to $13.60 Wage Bin

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Borjas Fig 4-9 Impact of a Mandated Benefit

value < cost value = cost

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A B C

Borjas Fig 4-19 The Hiring Decision of a Nondiscriminating Monopsonist

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Borjas Fig 4-20 Impact of the Minimum Wage on a Nondiscriminating Monopsonist

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