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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12738 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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