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The Long-term Impact of Work-hour Regulations on Physician Labor Supply

Change at Home, in the Labor Market, and On the Job

ISBN: 978-1-83909-933-5, eISBN: 978-1-83909-932-8

ISSN: 0147-9121

Publication date: 23 November 2020

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.

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Acknowledgements

Acknowledgment

The author would like to thank the editors and three anonymous referees for their helpful comments. Also, the author is especially grateful to Alfonso Flores-Lagunes, Gary Engelhardt, Jeff Kubik, Perry Singleton, and the seminar participants at Syracuse University for their valuable suggestions and comments. All errors are my own.

Citation

Liu, J. (2020), "The Long-term Impact of Work-hour Regulations on Physician Labor Supply", Polachek, S.W. and Tatsiramos, K. (Ed.) Change at Home, in the Labor Market, and On the Job (Research in Labor Economics, Vol. 48), Emerald Publishing Limited, Bingley, pp. 27-60. https://doi.org/10.1108/S0147-912120200000048002

Publisher

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Emerald Publishing Limited

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