Full Citation

Title: Occupational Licensing

Citation Type: Journal Article

Publication Year: 2000

ISBN:

ISSN:

DOI: 10.1257/jep.14.4.189

NSFID:

PMCID:

PMID:

Abstract: The study of the regulation of occupations has a long and distinguished tradition in economics. In this paper, I present the central arguments and unresolved issues involving the costs and benefits of occupational licensing. The main benefits that are suggested for occupational licensing involve improving quality for those persons receiving the service. In contrast, the costs attributed to this labor market institution are that it restricts the supply of labor to the occupation and thereby drives up the price of labor as well as of services rendered. Alternative public policies for this institution are identified.

Url: http://pubs.aeaweb.org/doi/10.1257/jep.14.4.189

User Submitted?: No

Authors: Kleiner, Morris M

Periodical (Full): Journal of Economic Perspectives

Issue: 4

Volume: 14

Pages: 189-202

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure

Countries: United States