Abstract:
St. Jerome’s University, Vanstone Lecture Hall
A lecture offered by Renison University College.
Vice-Chancellor Feridun Hamdullahpur presents a special President's Lecture featuring the new Chancellor, Dominic Barton, who will share his insights and reflections on the global economy and on the University of Waterloo's position and opportunities as a leader in global innovation. Mr. Barton, Global Managing Partner Emeritus, McKinsey & Company was recently appointed as the University of Waterloo's eleventh Chancellor.
In the simple models that economists routinely use to think about the labour market there is no such thing as a “good job”: everyone is paid what they are worth, regardless of whom they work for. Common experience and a growing body of evidence from many different countries suggests that in fact different firms often pay higher or lower wages, and that the differentials between firms offering good and bad jobs are wider than ever.