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来源类型Working Paper
规范类型报告
DOI10.3386/w26383
来源IDWorking Paper 26383
A Welfare Analysis of Occupational Licensing in U.S. States
Morris M. Kleiner; Evan J. Soltas
发表日期2019-10-21
出版年2019
语种英语
摘要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 between U.S. states, we find that licensing raises wages and hours but reduces employment. We estimate an average welfare loss of 12 percent of occupational surplus. Workers and consumers respectively bear 70 and 30 percent of the incidence. Higher willingness to pay offsets 80 percent of higher prices for consumers, and higher wages compensate workers for 60 percent of the cost of mandated investment in occupation-specific human capital.
主题Public Economics ; Labor Economics ; Labor Market Structures ; Labor Discrimination ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w26383
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/584057
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GB/T 7714
Morris M. Kleiner,Evan J. Soltas. A Welfare Analysis of Occupational Licensing in U.S. States. 2019.
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