Relaxing Occupational Licensing Requirements: Analyzing Wages and Prices for a Medical Service

@article{Kleiner2016RelaxingOL,
  title={Relaxing Occupational Licensing Requirements: Analyzing Wages and Prices for a Medical Service},
  author={Morris Michael Kleiner and Allison Marier and Kyoung Won Park and Coady Wing},
  journal={The Journal of Law and Economics},
  year={2016},
  volume={59},
  pages={261 - 291}
}
Occupational licensing laws have been relaxed in a large number of US states to give nurse practitioners the ability to perform more tasks without the supervision of medical doctors. We investigate how these regulations affect wages, hours worked, and the prevailing transaction prices and quality levels associated with certain types of medical services. We find that when nurse practitioners have more independence in their scope of practice, their wages are higher but physicians’ wages are lower… 
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