Government regulation and wages: Evidence from continuing coverage mandates

B-Tier
Journal: Labour Economics
Year: 2022
Volume: 78
Issue: C

Authors (2)

Maclean, Johanna Catherine (not in RePEc) Webber, Douglas (Federal Reserve Board (Board o...)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We examine the wage effects of health insurance market regulations that compel private insurers to offer continuing coverage to beneficiaries in the United States. We model wages at various points across the career as a function of the mandated number of months of continuing coverage at labor market entrance. More generous mandated continuing coverage at labor market entrance causes an initial wage decline of 1% that reverses after five years in the labor market, leading to higher wages later in the career. In particular, wage increases are observable up to 30 years after labor market entrance. We provide suggestive evidence that increased job mobility early in the career is a mechanism for observed wage effects.

Technical Details

RePEc Handle
repec:eee:labeco:v:78:y:2022:i:c:s0927537122001269
Journal Field
Labor
Author Count
2
Added to Database
2026-01-29