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Intergenerational inequalities in GPs' earnings: experience, time and cohort effects

hal.structure.identifier
dc.contributor.authorDormont, Brigitte*
hal.structure.identifier
dc.contributor.authorSamson, Anne-Laure
HAL ID: 738246		*
dc.date.accessioned2011-08-30T11:48:02Z
dc.date.available2011-08-30T11:48:02Z
dc.date.issued2007
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/6891
dc.language.isoenen
dc.subjectearnings
dc.subjectself-employed
dc.subjectGPs
dc.subjectlongitudinal data
dc.subjectstochastic dominance
dc.subject.ddc334en
dc.subject.classificationjelC2en
dc.subject.classificationjelI18en
dc.subject.classificationjelD63en
dc.titleIntergenerational inequalities in GPs' earnings: experience, time and cohort effects
dc.typeDocument de travail / Working paper
dc.contributor.editoruniversityotherInstitute of Health Economics and Management (IEMS), University of Lausanne;Suisse
dc.description.abstractenThis paper analyses the regulation of ambulatory care and its impact on physicians'careers,using a representative panel of 6; 016 French self-employed GPs over the years 1983 to 2004. Thebeginning of their activity is influenced by the regulated number of places in medical schools, named in France numerus clausus. We show that the policies aimed at manipulating the numerusclausus strongly affect physiciansípermanent level of earnings.Our empirical approach allows us to identify experience, time and cohort effects in GPs'earnings. The estimated cohort e§ect is very large, revealing that intergenerational inequalities due to fluctuations in the numerus clausus are not negligible. GPs beginning during the eighties have the lowest permanent earnings : they faced the consequences of an unlimited number of places inmedical schools in the context of a high density due to the baby-boom numerous cohorts. Conversely, the decrease in the numerus clausus led to an increase in permanent earnings of GPswho began their practice in the mid nineties. Overall, the estimated gap in earnings between "good" and "bad" cohorts may reach 25%. We performed a more thorough analysis of the earnings distribution to examine whether individual unobserved heterogeneity could compensate for average differences between cohorts. Our results about stochastic dominance between earningsdistributions by cohort show that it is not the case.
dc.publisher.nameUniversity of Lausanne
dc.publisher.cityLausanne
dc.identifier.citationpages26
dc.relation.ispartofseriestitleInstitute of Health Economics and Management (IEMS), Working Papers
dc.description.sponsorshipprivateouien
dc.subject.ddclabelEconomie socialeen
dc.description.ssrncandidatenon
dc.description.halcandidateoui
dc.description.readershiprecherche
dc.description.audienceInternational
dc.date.updated2019-09-26T08:18:44Z
hal.author.functionaut
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