Do Wage Expectations Influence the Decision to Enroll in Nursing College?

36 Pages Posted: 4 Sep 2015

See all articles by Juerg Schweri

Juerg Schweri

Swiss Federal Institute of Vocational Education and Research

Joop Hartog

University of Amsterdam - Faculty of Economics and Business (FEB); Tinbergen Institute; CESifo (Center for Economic Studies and Ifo Institute); IZA Institute of Labor Economics

Abstract

As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage expectations on their choice to pursue a nursing college education. This analysis contributes to a small yet rapidly developing body of literature that uses subjective expectation data to predict educational choices. We surveyed a full cohort of healthcare trainees in their third year of training. The main result is that those trainees (in upper-secondary education) who expected a greater return from nursing college (tertiary education) were more likely to enroll in nursing college later on. This suggests that policies that increase returns from studying nursing can attract students to nursing. In addition, the results confirm that subjective wage expectation data are useful in modeling individual choice.

Keywords: college choice, fractional regression, healthcare, human capital, nursing, subjective expectations, training, wage

JEL Classification: I11, I21, J24, J31, D84

Suggested Citation

Schweri, Jürg and Hartog, Joop, Do Wage Expectations Influence the Decision to Enroll in Nursing College?. IZA Discussion Paper No. 9120. Available at SSRN: https://ssrn.com/abstract=2655069

Jürg Schweri (Contact Author)

Swiss Federal Institute of Vocational Education and Research ( email )

Kirchlindachstrasse 79
Zollikofen, 3052
Switzerland

Joop Hartog

University of Amsterdam - Faculty of Economics and Business (FEB) ( email )

Roetersstraat 11
Amsterdam, 1018 WB
Netherlands

Tinbergen Institute

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Register to save articles to
your library

Register

Paper statistics

Downloads
31
Abstract Views
278
PlumX Metrics