The Economics of Vocation or Why is a Badly Paid Nurse a Good Nurse?

Anthony Heyes

(2003)

Anthony Heyes (2003) The Economics of Vocation or Why is a Badly Paid Nurse a Good Nurse?.

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Abstract

Given the longstanding shortage of nurses in many jurisdictions, why couldn’t nursing wages be raised to attract more people into the profession? We tell a story in which the status of nursing as a ‘vocation’ implies that increasing wages reduces the average quality of applicants attracted. The underlying mechanism accords with the notion that increasing wages might attract the ‘wrong sort’ of people into the profession and highlights an (in)efficiency wage mechanism, particular to vocations, which makes wages sticky upwards. The analysis has implications for job design in vocation-based sectors such as nursing and teaching.

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This is a Accepted version
This version's date is: 2003
This item is peer reviewed

Link to this Version

https://repository.royalholloway.ac.uk/items/7e0caf59-9799-e794-1001-15e59a86becc/1/

Item TypeMonograph (Working Paper)
TitleThe Economics of Vocation or Why is a Badly Paid Nurse a Good Nurse?
AuthorsHeyes, Anthony
DepartmentsFaculty of History and Social Science\Economics

Deposited by Leanne Workman (UXYL007) on 24-Oct-2012 in Royal Holloway Research Online.Last modified on 24-Oct-2012

Notes

 

©2003 Anthony Heyes. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit including © notice, is given to the source.

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