Economic Causes of Ageism in the Labour Market
The article analyzes the causes of discrimination in the labor market on the basis of age. The methodological basis of the article is research in the field of statistical discrimination and price discrimination. The author iden-tified the main sources of statistical discrimination against older people, show-ing their informational nature. In particular, the analysis of discrimination caused by differences in the average group indicators and discrimination relates to differences in the spread of indicators within the group. The paper considers monopsonic discrimination and analyzes factors affecting the monopoly power of the employer over employees of the older age group. The influence of statisti-cal discrimination on monopsonic discrimination is considered. The relationship between the level of specificity of the human capital of an elderly employee and the level of monopoly power of the employer is shown. It is concluded that dis-crimination against older workers is statistically increasing due to introduction of administrative measures to combat discrimination.