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Brian J Meehan, Edward Timmons, Andrew Meehan and Ilya Kukaev |
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''The effects of growth in occupational licensing on intergenerational mobility'' |
( 2019, Vol. 39 No.2 ) |
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We use a newly produced data set on growth in occupational licensing of low-income occupations to estimate the relationship between growth in occupational licensing and intergenerational mobility. Our empirical results suggest growth in state licensing is associated with a 1.6% to 6.2% reduction in absolute mobility at the county level. Growth in licensing is also associated with increases in county level Gini coefficients (and thus income inequality) ranging from 3.9% to 15.4%. The relationship between the growth in licensed occupations and absolute mobility provides suggestive evidence of loss in opportunity and reduced mobility for potential entrants into these occupations. |
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Keywords: Intergenerational Mobility, Inequality, Occupational Licensing |
JEL: J6 - Mobility, Unemployment, and Vacancies: General K2 - Regulation and Business Law: General |
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Manuscript Received : Jun 01 2018 | | Manuscript Accepted : Jun 15 2019 |
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