Physicians' Occupational Licensing and the Quantity-Quality Trade-off -- by Juan Pablo Atal, Tomás Larroucau, Pablo Muñoz, Cristóbal Otero

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2026, 18th Annual Feldstein Lecture, Mark Duggan, "Social Security Reform in an Era of Fiscal Deficits" Primary tabs
  • Acknowledgements and Disclosures

    We thank Nikhil Agarwal, Francesco Agostinelli, Esteban Aucejo, Nano Barahona, Christopher Campos, David Card, Hal Cole, Jacob Dorn, Wayne Gao, Matt Grennan, Peter Hull, Tony Lo Sasso, Evan Soltas, Ashley Swanson, Matt Wiswall and seminar participants at the Cowles Conference on Labor & Public Economics, ASHEcon Annual Conference, Chicago BFI Health Economics Conference, RIDGE Labor Forum, TSE Health Economics Conference, Brown University, Columbia Business School, FGV-EESP, Fordham University, Georgetown, Insper, ITAM, Johns Hopkins University, UCL, PUC-Chile, PUC-Rio, Princeton, Queen Mary University, UNAB-IEP, UNAM, Universidad de los Andes-Chile, Universidad de Chile, and Universidad de Santiago for valuable comments and suggestions. Pablo Muñoz thanks FONDECYT Iniciación (ANID-FONDECYT-11230049) and the Millennium Nucleus MIGRA (ANID-MILENIO-NCS2022051) for financial support. Simon Andrade, Nicolas Bozzo, Wagner F. Oliveira, and Sofía Pontigo provided superb research assistance. We thank the Health Ministry of Chile and EUNACOM for data access. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.


  • Citation and Citation DataCopy Citation Juan Pablo Atal, Tomás Larroucau, Pablo Muñoz, and Cristóbal Otero, "Physicians' Occupational Licensing and the Quantity-Quality Trade-off," NBER Working Paper 35855 (2026), https://doi.org/10.3386/w35855. Copy to Clipboard Download Citation
SI 2026 Methods Lecture
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