| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15674 |
| DP15674 Quality and selection in regulated professions | |
| Gaetano Basso; Eleonora Brandimarti; Michele Pellizzari; Giovanni Pica | |
| 发表日期 | 2021-01-15 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Entry in many occupations is regulated with the objective to screen out the least able producers and guarantee high quality of output. Unfortunately, the available empirical evidence suggests that in most cases these objectives are not achieved. In this paper we investigate entry into the legal profession in Italy and we document that such a failure is due to the combination of the incomplete anonymity of the entry exam and the intergenerational transmission of business opportunities. We use microdata covering the universe of law school graduates from 2007 to 2013 matched with their careers and earnings up to 5 years after graduation. Variation generated by the random assignment of the entry exam grading commissions allows us to identify the role of family ties in the selection process. We find that connected candidates, i.e. those with relatives already active in the profession, are more likely to pass the exam and eventually earn more, especially those who performed poorly in law school. When we simulate the process of occupational choice assuming family connections did not matter, we find that strong positive selection on ability would emerge. |
| 主题 | Labour Economics |
| 关键词 | Occupational regulation Licensing Intergenerational mobility |
| URL | https://cepr.org/publications/dp15674-1 |
| 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/544685 |
| 推荐引用方式 GB/T 7714 | Gaetano Basso,Eleonora Brandimarti,Michele Pellizzari,et al. DP15674 Quality and selection in regulated professions. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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