Education-Based Wage Differentials and Regional Patterns : The Case of Canadian Registered Nurses
AbstractThis paper examines the monetary returns from a baccalaureate degree for the nursing education compared to a diploma across five regions in Canada. It engages me in employing benefit-cost analysis to assess whether the evidence is consistent with implications of human capital theory. Depending on the assumed discount rate and retirement age, the estimated baccalaureate-diploma wage differentials vary in each Canadian region. In this study, I conclude that the decision to invest in one more year of nursing education is economically rational only for the registered nurses who work in Eastern Canada.
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Bibliographic InfoPaper provided by Graduate School of Economics and Business Administration, Hokkaido University in its series Discussion paper series. A with number 206.
Length: 27 pages
Date of creation: Mar 2009
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-03-28 (All new papers)
- NEP-EDU-2009-03-28 (Education)
- NEP-GEO-2009-03-28 (Economic Geography)
- NEP-HRM-2009-03-28 (Human Capital & Human Resource Management)
- NEP-LAB-2009-03-28 (Labour Economics)
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