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...

We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty in the future wage to be earned after completing an education. There is wide empirical support for the predicted positive effect of wage variance and the negative effect of wage...

This paper examines the size of inter-industry wage dispersion in Portugal and compares with other countries. We find that the country has a high inter-industry wage inequality compared with the European standard. Nevertheless, the dispersion reduced over the 1980s and the early 1990s along a...