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The OECD cross-section sectoral indicators measure regulatory conditions in the professional services and retail distribution sectors. The professional services indicators cover entry and conduct regulation in the legal, accounting, engineering, and architectural professions. They are now...
Persistent link: https://www.econbiz.de/10013529021
This paper explores the origins and effects of occupational licensing regulation in late nineteenth and early twentieth century America. Was licensing regulation introduced to limit competition in the market for professional services at the expense of efficiency? Or was licensing adopted to...
Persistent link: https://www.econbiz.de/10012468226
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Portugal’s services markets are among the most heavily regulated in the OECD. As vital inputs into the business sector, services provided by professionals, such as lawyers and engineers, generate up to 1.8 times their value in outputs by firms that use them. However, structural flaws in the...
Persistent link: https://www.econbiz.de/10012451001
In many professional service firms, new associates work long hours while competing in up-or-out promotion contests. Our … significant risks of dismissal. We argue that the productivity of skilled partners in professional service firms (e.g. law …
Persistent link: https://www.econbiz.de/10012453887
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