Occupational Licensing: Scant Treatment in Labor Texts
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Abstract
We review the literature on occupational licensing and its importance as a labor market institution. We examine five labor economics texts and find that their coverage of occupational licensing is either scant or nonexistent. We speculate on why textbooks fail to treat the topic adequately.
Podcast related to this article: Frank Stephenson on Occupational Licensing and Labor Economics (EJW Audio, July 2013).