Does occupational licensing promote consumer health and safety? Econometric study looks at primary data for some answers little research has actually probed, historically or now, whether licensing is helpful or harmful to the consumers it is supposed to benefit. Empirical evidence is scarce. A study released in May by the National Bureau of Economic Research (NBER) is intended to start filling the gap.
Entitled "The Effect of Occupational Licensure on Consumer Welfare, Early Midwifery Laws and Maternal Mortality," the study uses a data set assembled from primary . . .
To read more, please subscribe.