Arbeitspapier

Occupational licensing and occupational mobility

This paper estimates the impact of occupational licensing at the extensive margin (existence) and intensive margin (qualifications) on the occupational mobility of US workers. Using 2015-2022 Current Population Survey data on worker occupational choices matched to licensing-policy data, I show that the existence of licensing regulation significantly reduces the probability that a worker enters an occupation. This reduced mobility is largely due to licensing fees and minimum thresholds for age and education. This finding may help explain the weak relationship between licensure and product market quality, as binding licensing qualifications likely have mixed links to worker skills.

Sprache
Englisch

Erschienen in
Series: Working Papers ; No. 23-18

Klassifikation
Wirtschaft
Labor Turnover; Vacancies; Layoffs
Human Capital; Skills; Occupational Choice; Labor Productivity
Thema
Occupations
licensing
mobility
Current Population Survey

Ereignis
Geistige Schöpfung
(wer)
Jackson, Osborne
Ereignis
Veröffentlichung
(wer)
Federal Reserve Bank of Boston
(wo)
Boston, MA
(wann)
2023

DOI
doi:10.29412/res.wp.2023.18
Handle
Letzte Aktualisierung
20.09.2024, 08:20 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Jackson, Osborne
  • Federal Reserve Bank of Boston

Entstanden

  • 2023

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