Purpose – The purpose of this paper is to investigate the patterns and determinants of excess labour turnover (churning) in the Luxembourg labour market using a rich employer‐employee matched data set. Design/methodology/approach – The paper formulates a model to explain churning rates...

In this paper, we analyze the development of occupational regulation of massage therapists (MTs) in the United States and the effects of state licensing and certification upon their earnings and numbers. Our results suggest that MTs working in states with licensing receive an earnings premium of...

Occupational licensing in the US has grown rapidly in recent decades. Over most of this period, there has been little concern over, and scant legislative attention directed to, this phenomenon. Recently, however, concerns have arisen about the extent, the costs, and the job-destroying nature...

This paper empirically investigates whether South Asian countries constitute an optimum currency area (OCA) by applying a structural vector auto-regression (SVAR) model to trace global, regional, and domestic shocks. Variance decomposition shows that domestic shocks dominate regional and global...

The past several years has witnessed a growing concern expressed by some economists and policymakers over the scope and strictness of occupational regulation — especially licensing. But so far studies of occupational regulation and its effects have focused on only a few countries, generally...

The transformation of Ireland from one of the poorer countries in Western Europe to one of the best performing is one of the most remarkable economic success stories in recent times. The ten papers in this collection were presented at a conference at Lehigh University in March 2001. Written from...