Can human capital theory explain why nurses are so poorly paid?

This paper uses Australian Census data to examine the earnings of femaleprofessionals. Comparisons are made between Registered Nurses (RNs),Teachers, Social Professionals, Health Professionals and BusinessProfessionals. Wage decompositions show that RNs earn significantly less thanother female Profe...

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Main Authors: Nowak, Margaret, Preston, Alison
Format: Working Paper
Published: Curtin University of Technology 2000
Online Access:http://hdl.handle.net/20.500.11937/38518
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author Nowak, Margaret
Preston, Alison
author_facet Nowak, Margaret
Preston, Alison
author_sort Nowak, Margaret
building Curtin Institutional Repository
collection Online Access
description This paper uses Australian Census data to examine the earnings of femaleprofessionals. Comparisons are made between Registered Nurses (RNs),Teachers, Social Professionals, Health Professionals and BusinessProfessionals. Wage decompositions show that RNs earn significantly less thanother female Professionals and that the observed differentials cannot beexplained by differences in human capital endowments. The evidence presentedis strongly suggestive of monopsonist or oligopsonist power in the setting ofnurse wages ? with a manifestation being persistent labour marketdisequilibrium. Changing the relative reward structure for nurses may helpaddress the on-going nursing ?shortage? in Australia, although further researchin this area is called for.
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institution Curtin University Malaysia
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last_indexed 2025-11-14T08:54:47Z
publishDate 2000
publisher Curtin University of Technology
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spelling curtin-20.500.11937-385182017-01-30T14:22:25Z Can human capital theory explain why nurses are so poorly paid? Nowak, Margaret Preston, Alison This paper uses Australian Census data to examine the earnings of femaleprofessionals. Comparisons are made between Registered Nurses (RNs),Teachers, Social Professionals, Health Professionals and BusinessProfessionals. Wage decompositions show that RNs earn significantly less thanother female Professionals and that the observed differentials cannot beexplained by differences in human capital endowments. The evidence presentedis strongly suggestive of monopsonist or oligopsonist power in the setting ofnurse wages ? with a manifestation being persistent labour marketdisequilibrium. Changing the relative reward structure for nurses may helpaddress the on-going nursing ?shortage? in Australia, although further researchin this area is called for. 2000 Working Paper http://hdl.handle.net/20.500.11937/38518 Curtin University of Technology fulltext
spellingShingle Nowak, Margaret
Preston, Alison
Can human capital theory explain why nurses are so poorly paid?
title Can human capital theory explain why nurses are so poorly paid?
title_full Can human capital theory explain why nurses are so poorly paid?
title_fullStr Can human capital theory explain why nurses are so poorly paid?
title_full_unstemmed Can human capital theory explain why nurses are so poorly paid?
title_short Can human capital theory explain why nurses are so poorly paid?
title_sort can human capital theory explain why nurses are so poorly paid?
url http://hdl.handle.net/20.500.11937/38518