We examined the recent occupational regulation changes in China and their labor market impacts. Using data from the China Labor-Force Dynamic Survey (CLDS) from 2014 to 2018, we found an earning premium of approximately 10 percent, as well as more employment-based benefits, for those with an...

Large variation in the estimated income premium of occupational licensing can be found in the existing literature. I revisit the natural experimental design of a change in the German crafts regulation in 2004, which removed the traditional licensing requirement for self-employment in certain...

The empirical literature on occupational licensing finds standard monopoly effects of entry regulations: Less competition and economic rents for professionals. I exploit the natural experimental design of a change in the German crafts regulation in 2004, which removed the traditional licensing...

Since the end of World War II, occupational licensing has been one of the fastest growing labor market institutions in the developed world. The economics literature suggests that licensing can influence wage determination, the speed at which workers find employment, pension and health benefits,...