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We assess the welfare consequences of occupational licensing for workers and consumers. We estimate a model of labor market equilibrium in which licensing restricts labor supply but also affects labor demand via worker quality and selection. On the margin of occupations licensed differently...
Persistent link: https://www.econbiz.de/10012852680
The COVID‐19 pandemic has led to temporary suspensions of many occupational licensing laws, especially for health care professionals, in an effort to manage surges in health care demand. The crisis highlights more general concerns about occupational licensing laws, yet convincing empirical...
Persistent link: https://www.econbiz.de/10013249118
In this paper we provide a cross-country comparison of occupational regulation in the European legal market. Although EU growth and assimilation has resulted in some degree of unity in regulation, significant differences remain in licensing restrictions and in the characteristics of the labor...
Persistent link: https://www.econbiz.de/10010721436
I investigate the effect of occupational licensing requirements on the size of the U.S. legal profession. In particular, I develop a method to estimate the relative quantitative importance of individual licensing requirements. I report three primary findings. First, I find that the bar exam has...
Persistent link: https://www.econbiz.de/10014344201
Using proprietary data from Alibaba, we examine how the 2015 Food Safety Law (FSL) affects e-commerce in China. The FSL requires most food sellers on e-commerce platforms to obtain a valid, online license for retail food handling. Because the FSL was rolled out progressively, we have a rare...
Persistent link: https://www.econbiz.de/10012822802
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...
Persistent link: https://www.econbiz.de/10013289235
This paper studies the association between occupational licensing and job hire and job separation rates along with earnings of job stayers and job-to-job movers. In contrast to previous studies, it attempts to provide macro-level estimates by relying on a novel Job-to-Job Flows database from the...
Persistent link: https://www.econbiz.de/10012202931
We test whether occupational licensing undercuts a key goal of digital marketplaces-- to increase social surplus by increasing the effectiveness of customer search. Our setting is a large online marketplace in the $500B home services industry where a platform converts customer search into sales...
Persistent link: https://www.econbiz.de/10013362042
This chapter reviews what economists have learned about the impact of labor market institutions, defined broadly as government regulations and union activity on labor outcomes in developing countries. It finds that: (1) Labor institutions vary greatly among developing countries but less than...
Persistent link: https://www.econbiz.de/10014025732
This chapter reviews what economists have learned about the impact of labor market institutions, defined broadly as government regulations and union activity on labor outcomes in developing countries. It finds that:(1)Labor institutions vary greatly among developing countries but less than they...
Persistent link: https://www.econbiz.de/10010702976