notes on reading # 13

notes on reading # 13 - The Prevalence and Effects of...

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The Prevalence and Effects of Occupational Licensing * Morris M. Kleiner, Alan B. Krueger, Purpose: first national analysis of the labor market implications of workers who are licensed by any agency of the government in the U.S analysis of the influence of this form of occupational regulation. 29 percent of the workforce is required to hold a license, which is a higher percentage than that found in other studies that rely on state-level occupational licensing data or single states. Workers who have higher levels of education are more likely to work in jobs that require a license. licensing has about the same quantitative impact on wages as do unions -- that is about 15 percent, and that being both licensed and in a union can increase wages by more than 24 percent. licensing does not significantly reduce wage dispersion for individuals in licensed jobs. Introduction While unions have declined, occupational licensing has grown over the last fifty years Occupational regulation in the U.S. generally takes three forms. a.
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notes on reading # 13 - The Prevalence and Effects of...

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