In this paper, we study specialty physician decisions using several unique data sets which include information on almost all Canadian physicians who practiced in Canada between 1989 and 1998. Unlike previous studies, we use a truly exogenous measure of potential income across general and...

. In this paper, we study physician specialty decisions using several unique data sets which include information on almost all Canadian physicians who practised in Canada between 1989 and 1998. Unlike previous studies, we use a truly exogenous measure of potential income across general and...