Explain the issue of “omitted skill variables” in relation to wage discrimination
Labour Economics Assignment (Two)
Answer the following questions in full sentences. Use a graph if it helps with your explanation.
Explain the issue of “omitted skill variables” in relation to wage discrimination. Explain why you think this is or is not an important.
Solution preview
Wage discrimination has been one of the leading problems in many workplaces. It occurs when one person is paid lower wages for the same job that is done by another person. This discrimination takes many forms. For instance, might be discriminated because of their gender, race, or the number of skills that they possess…………………..
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