G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12738
DP12738 Do Dutch dentists extract monopoly rents?
Nadine Ketel; Hessel Oosterbeek; Edwin Leuven; Bas van der Klaauw
发表日期2018-02-20
出版年2018
语种英语
摘要We exploit admission lotteries to estimate the payoffs to the dentistry study in the Netherlands. Using data from up to 22 years after the lottery, we find that in most years after graduation dentists earn around 50,000 Euros more than they would earn in their next-best profession. The payoff is larger for men than for women but does not vary with high school GPA. The large payoffs cannot be attributed to longer working hours, larger human capital investments or sacrifices in family outcomes. The natural explanation is that Dutch dentists extract a monopoly rent, which we attribute to the limited supply of dentists in the Netherlands. We discuss policies to curtail this rent.
主题Labour Economics
关键词Returns to education Monopoly rents Random assignment Dentists
URLhttps://cepr.org/publications/dp12738
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/541548
推荐引用方式
GB/T 7714
Nadine Ketel,Hessel Oosterbeek,Edwin Leuven,et al. DP12738 Do Dutch dentists extract monopoly rents?. 2018.
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