One in three Americans has a criminal record. Given the significant size of this population, the ability for these individuals to attain economic success after they leave prison has tremendous [...]
While the United States has long been a top destination for the world's best and brightest, it has fallen short when it comes to fully tapping the skills and training [...]
Occupational licensing is among the fastest-growing labor market institutions in the U.S. economy. One of the key features of occupational licensing is that the law determines who gets to do [...]
Occupational licensing is invariably justified as a means of protecting the public against incompetent and dishonest practitioners. The effect of mandatory licensure, however, is often to restrict entry into an [...]
This paper examines the costs and benefits of occupational regulation. Over 800 occupations arc licensed by at least one of the fifty states. When properly designed and administered, occupational licensing [...]
Consistent with general growth in wage inequality over the period, the greatest wage growth occurred in licensed occupations with the highest levels of income. Wage growth in the U.S. economy [...]
The human capital model is used as a framework for analysing the determinants of incomes of a sample of Canadian professions. The conventional earnings function is augmented by inclusion of [...]
The costs of occupational licensing fall disproportionately on minorities and the poor. Licensing seeks to eliminate the lower-quality, lower-price services that low-income consumers would be more likely to select. Perhaps [...]
The evidence available indicates that licensing tends to enhance the capabilities of the licensed professionals, resulting in better delivered quality. Often, however, this is not reflected in better quality received [...]
This paper gathers, presents, and evaluates current state of economic research concerning the interconnection between occupational licensing (and other occupational) restrictions and quality of service. It considers empirical evidence on [...]