We study the repeal of a regulation that imposed maximum wholesale and retail markups for all but five fresh fruits and vegetables. We compare the prices of products affected by regulation before and after the policy change and use the unregulated products as a control group. We find that...

Gender differences in the labor market are typically measured by the wage gap. In this paper, we investigate how extending the analysis to an additional job amenity, namely workplace safety, may shed new light on the evolution of gender differences. Our results show that focusing on one unique...

Entry into licensed professions requires meeting competency requirements, typ- ically assessed through licensing examinations. This paper explores whether the number of individuals attempting to enter a profession (potential supply) affects the difficulty of the entry examination. The empirical...

According to public interest theory, professional licensing solves the lemon problem generated by asymmetric information. In contrast, capture theory claims that licensing aims at increasing professional salaries by restricting supply. This paper shows that the two theories can be identified...

Little is known about the effects of revealing information on relative performance during a dynamic tournament. We empirically study the impact of interim rank on risk taking and performance using data on professionals competing in tournaments for large rewards. As our data allows us to observe...

Christos Genakos and Mario Pagliero look at professional weightlifters to assess the effects of reward systems based on relative performance.

In this paper we provide a cross-country comparison of occupational regulation in the European legal market. Although EU growth and assimilation has resulted in some degree of unity in regulation, significant differences remain in licensing restrictions and in the characteristics of the labor...

There is little evidence on the joint evolution of gender differences in wages and other job amenities. We analyze gender differences in wages and workplace safety using 9 years of Italian administrative micro-level data. We document that a decline in the gender wage gap was accompanied by a...

Little is known about the effects of revealing information on relative performance during a dynamic tournament. We empirically study the impact of interim rank on risk taking and performance using data on professionals competing in tournaments for large rewards. As our data allows us to observe...