Author: Elton Rayack Publisher: ISBN: Category : Employment (Economic theory) Languages : en Pages : 178
Book Description
...Examines the licensing procedures for non-professional occupations such as hairdressing, electricians, embalmers, electrologists, dental hygienists, etc.; provides data on registration fees, price and advertising restrictions, the composition of licensing boards, licensing requirements, reciprocity, grounds for revocation and statistics on failure rates on licensure exams...
Author: Morris M. Kleiner Publisher: W.E. Upjohn Institute ISBN: 0880992859 Category : Competition Languages : en Pages : 212
Book Description
"Attempts to present a systematic discussion of the major benefits and costs of occupational licensing to the economies of the United States and several European countries." - page xiii.
Author: Dean Baker Publisher: MIT Press ISBN: 0262291533 Category : Political Science Languages : en Pages : 48
Book Description
A leading economist's exploration of what our economic arrangements might look like if we applied basic principles without ideological blinders. There is nothing wrong with economics, Dean Baker contends, but economists routinely ignore their own principles when it comes to economic policy. What would policy look like if we took basic principles of mainstream economics seriously and applied them consistently? In the debate over regulation, for example, Baker—one of the few economists who predicted the meltdown of fall 2008—points out that ideological blinders have obscured the fact there is no “free market” to protect. Modern markets are highly regulated, although intrusive regulations such as copyright and patents are rarely viewed as regulatory devices. If we admit the extent to which the economy is and will be regulated, we have many more options in designing policy and deciding who benefits from it. On health care reform, Baker complains that economists ignore another basic idea: marginal cost pricing. Unlike all other industries, medical services are priced extraordinarily high, far above the cost of production, yet that discrepancy is rarely addressed in the debate about health care reform. What if we applied marginal cost pricing—making doctors' wages competitive and charging less for prescription drugs and tests such as MRIs? Taking Economics Seriously offers an alternative Econ 101. It introduces economic principles and thinks through what we might gain if we free ourselves from ideological blinders and get back to basics in the most troubled parts of our economy.
Author: Morris M. Kleiner Publisher: ISBN: Category : Labor market Languages : en Pages : 84
Book Description
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.
Author: Elton Rayack
Author: Leila Johnston Pratt
Author: Claire Sekulski Bronson
Author: Claire S. Bronson
Author: Janet Kiholm Smith
Author: 
Author: S. David Young
Author: Morris M. Kleiner
Author: Dean Baker
Author: Morris M. Kleiner