New study proposes a better way to take employment effects into account in rulemaking.
Traditional forms of analysis may underestimate unemployment costs, skewing cost-benefit analysis of regulations.
Quantitative risk assessment, currently used to evaluate environmental and health hazards, can also analyze regulations’ impact on jobs.
Lisa Robinson argues that recent high unemployment highlights the need to assess employment effects of regulation.
Debate over regulation’s effects on employment would benefit from better policy analysis.
New book from Penn Program on Regulation explores the connection between regulation and employment.