Occupational Licensing: Scant Treatment in Labor Texts
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Frank Stephenson is an associate professor of economics at Berry College in Rome, Ga. where he teaches classes in public economics, sports e…
Erin E. Wendt is a senior at Berry College where she is majoring in economics with minors in government and mathematics. Her primary interes…
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).