The Long-term Impact of Work-hour Regulations on Physician Labor Supply
Judith Liu
A chapter in Change at Home, in the Labor Market, and On the Job, 2020, vol. 48, pp 27-60 from Emerald Group Publishing Limited
Abstract:
This chapter estimates the impact of a transitory reduction in hours during physicians' early career on their long-term labor supply, using the work-hour regulations on medical residents as the source of exogenous variation. The results show that exposure to the regulations significantly decreases practicing physicians' labor supply by about 4 hours per week on average, with female physicians being more responsive to a given reduction in early career hours. Distributional results using a changes-in-changes model confirm that the regulations primarily affect the upper end of the work-hour distribution. To reveal potential mechanisms of these effects, this study finds that the reform increases the probabilities of marriage and having a child, as well as the total number of children, for female physicians. In contrast, it does not have a significant impact on marriage and fertility outcomes for male physicians. These findings provide a better understanding of physicians' hours of work in response to the reform over time and the role of gender with respect to labor supply behavior and family formation decisions.
Keywords: Regulation; labor supply; physicians; gender differences; marriage; fertility; I18; J12; J13; J16; J22; J44 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eme:rleczz:s0147-912120200000048002
DOI: 10.1108/S0147-912120200000048002
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