physicians’ earnings and estimate the influence of healthcare policies on these earnings, physicians’ labor supply, and … allocation of talent. Combining the administrative registry of U.S. physicians with tax data, Medicare billing records, and … survey responses, we find that physicians’ annual earnings average $350,000 and comprise 8.6% of national healthcare spending …

provides non- divisible services to consumers, with physicians our prime example. Examining local income inequality across U ….S. regions, the data suggest that such spillovers exist for physicians, dentists, and real estate agents. Estimated spillovers …