Does Regulation Kill Jobs?

"Few public policy choices are more difficult than those involving the regulation of the private sector. Compliance can be expensive, perhaps leading to a loss in both jobs and productivity, but regulation can also generate important benefits, such as safer workplaces and products. Does Regulation Kill Jobs? offers important guidance for making difficult regulatory tradeoffs and sorting through competing persuasive arguments. Drawing on work by eminent scholars and practitioners, this excellent book should be required reading for every member of Congress and every state legislator, as well as for the men and women in government agencies who draft rules."Former U.S. Representative Mickey Edwards "Does Regulation Kill Jobs? provides a balanced perspective with novel insights about the connection between regulation and jobs. Offering new evidence that regulation generally causes little or no net change in national employment, the book nevertheless makes a compelling case for the need to incorporate job impacts more fully into decisions about specific regulations."Adriana Kugler, Professor and Vice-Provost, Georgetown University, and former Chief Economist of the U.S. Department of Labor "This superb book answers the important question posed by its title in a careful and highly nuanced manner: regulations do not 'kill' jobs in the cataclysmic ways sometimes implied in today's shrill political debate, but they do at times have impacts on employment that can affect workers' well-being and should be taken into account in order to make better regulatory decisions."Richard L. Revesz, Lawrence King Professor of Law and Dean Emeritus, New York University School of Law "Does Regulation Kill Jobs? provides an outstanding analysis of what has become the most salient issue for regulatory policy in the wake of the Great Recession."John D. Graham, Dean, Indiana University School of Public and Environmental Affairs and former Administrator, Office of Information and Regulatory Affairs

Cary Coglianese is Edward B. Shils Professor of Law at the University of Pennsylvania, Director of the Penn Program on Regulation, and editor of Regulatory Breakdown: The Crisis of Confidence in U.S. Regulation and coeditor of Import Safety: Regulatory Governance in the Global Economy, both available from the University of Pennsylvania Press. Adam M. Finkel is Senior Fellow and Executive Director of the Penn Program on Regulation at the University of Pennsylvania, and coeditor of Import Safety. Christopher Carrigan Assistant Professor of Public Policy and Public Administration at George Washington University. Visit Does Regulation Kill Jobs? at the Penn Program on Regulation web site for contributor information and other details.

Preface Chapter 1. The Jobs and Regulation Debate Cary Coglianese and Christopher Carrigan EVIDENCE Chapter 2. Analyzing the Employment Impacts of Regulation Richard D. Morgenstern Chapter 3. Do the Job Effects of Regulation Differ with the Competitive Environment? Wayne B. Gray and Ronald J. Shadbegian Chapter 4. The Employment and Competitiveness Impacts of Power-Sector Regulations Joseph E. Aldy and William A. Pizer Chapter 5. Environmental Regulatory Rigidity and Employment in the Electric Power Sector Rolf Fre, Shawna Grosskopf, Carl A. Pasurka, Jr., and Ronald J. Shadbegian ANALYTICS Chapter 6. Toward Best Practices: Assessing the Effects of Regulation on Employment Lisa A. Robinson Chapter 7. Emitting More Light than Heat: Lessons from Risk Assessment Controversies for the "Job-Killing Regulations" Debate Adam M. Finkel Chapter 8. Happiness, Health, and Leisure: Valuing the Nonconsumption Impacts of Unemployment Matthew D. Adler Chapter 9. A Research Agenda for Improving the Treatment of Employment Impacts in Regulatory Impact Analysis Ann Ferris and Al McGartland Chapter 10. Employment and Human Welfare: Why Does Benefit-Cost Analysis Seem Blind to Job Impacts? Brian F. Mannix REFORM Chapter 11. Unemployment and Regulatory Policy Jonathan S. Masur and Eric A. Posner Chapter 12. Reforming the Regulatory Process to Consider Employment and Other Macroeconomic Factors Stuart Shapiro Chapter 13. Analysis to Inform Public Discourse on Jobs and Regulation Michael A. Livermore and Jason A. Schwartz Chapter 14. Rationing Analysis of Job Losses and Gains: An Exercise in Domestic Comparative Law E. Donald Elliott Contributors Index Acknowledgments