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Hokkaido University Collection of Scholarly and Academic Papers >
Graduate School of Economics and Business / Faculty of Economics and Business >
Economic Journal of Hokkaido University >
Vol. 38 >
The Regional Education-Based Wage Differentials : The Case of Canadian Registered Nurses
| Title: | The Regional Education-Based Wage Differentials : The Case of Canadian Registered Nurses |
| Authors: | Lee, Heyung-Jik Browse this author |
| Keywords: | Human capital | | Present value | | Internal rate of return |
| Issue Date: | Oct-2009 |
| Publisher: | Graduate School of Economics and Business Administration, Hokkaido University |
| Journal Title: | Economic Journal of Hokkaido University |
| Volume: | 38 |
| Start Page: | 13 |
| End Page: | 36 |
| 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. |
| Type: | bulletin (article) |
| URI: | http://hdl.handle.net/2115/39872 |
| Appears in Collections: | Economic Journal of Hokkaido University > Vol. 38
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