Licensing Exam Di¢ culty and Entry Salaries in the US Market for Lawyers
نویسنده
چکیده
This paper provides evidence of a correlation between licensing exam di¢ culty and salaries in a regulated profession. Exam di¢ culty is positively correlated with salaries across states and over time, both at the aggregate and individual state levels. The magnitude of this correlation is substantial: a one percent increase in exam di¢ culty implies a 1.7 percent increase in median entry-level salaries. . JEL: L4, L5, J4, K2.
منابع مشابه
The Impact of Potential Labor Supply on Licensing Exam Di¢ culty in the US Market for Lawyers
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