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

Heyung-Jik Lee

No 206, Discussion paper series. A from Graduate School of Economics and Business Administration, Hokkaido University

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.

Pages: 27 pages
Date: 2009-03
New Economics Papers: this item is included in nep-edu, nep-geo, nep-hrm and nep-lab
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