This blog covers the latest UK health care news, publications, policy announcements, events and information focused on the NHS, as well as the latest media stories and local news coverage of the NHS Trusts in Northamptonshire.
Monday 9 February 2015
The short run elasticity of National Health Service nurses’ labour supply in Great Britain
The short run elasticity of National Health Service nurses’ labour supply in Great Britain The paper investigates the short run responsiveness of NHS nurses’ labour supply to changes in wages of NHS nurses relative to wages in outside options available to nurses, utilising the panel data aspect of the annual survey of hours and earnings. We find the short run responsiveness of NHS nurses’ labour supply to the relative wage of NHS nurses is positive and statistically significant, albeit economically small, in regions outside the London area. In contrast, in the London region, the short run elasticity is much higher. We discuss the policy implications of these findings. Institute for Fiscal Studies
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