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Education-Based Wage Differentials and Regional Patterns : The Case of Canadian Registered Nurses

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  • Lee, Heyung-Jik

Abstract

This 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.

Suggested Citation

  • Lee, Heyung-Jik, 2009. "Education-Based Wage Differentials and Regional Patterns : The Case of Canadian Registered Nurses," Discussion paper series. A 206, Graduate School of Economics and Business Administration, Hokkaido University.
  • Handle: RePEc:hok:dpaper:206
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    File URL: http://hdl.handle.net/2115/38080
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    File URL: https://eprints.lib.hokudai.ac.jp/dspace/bitstream/2115/38080/1/DPA206.pdf
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