TY - JOUR
T1 - Firm-sponsored general education and mobility frictions
T2 - Evidence from hospital sponsorship of nursing schools and faculty
AU - Benson, Alan
PY - 2013/1
Y1 - 2013/1
N2 - This study asks why hospitals provide direct financial support to nursing schools and faculty. This support is striking because nursing education is clearly general, clearly paid by the firm, and information asymmetries appear minimal. Using AHA and survey data, I find hospitals employing a greater share of their MSA's registered nurses are more likely to provide direct financial support to nursing schools and faculty, net of size and other institutional controls. Given the institutional context, I interpret this result as unusually specific evidence that technologically general skill training may be made de facto-specific by imperfect and costly mobility.
AB - This study asks why hospitals provide direct financial support to nursing schools and faculty. This support is striking because nursing education is clearly general, clearly paid by the firm, and information asymmetries appear minimal. Using AHA and survey data, I find hospitals employing a greater share of their MSA's registered nurses are more likely to provide direct financial support to nursing schools and faculty, net of size and other institutional controls. Given the institutional context, I interpret this result as unusually specific evidence that technologically general skill training may be made de facto-specific by imperfect and costly mobility.
KW - Firm-sponsored general education
KW - Labor Mobility
KW - Monopsony and labor market segmentation
KW - Nursing Manpower and Shortages
KW - Training and education
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U2 - 10.1016/j.jhealeco.2012.09.002
DO - 10.1016/j.jhealeco.2012.09.002
M3 - Article
C2 - 23202260
AN - SCOPUS:84870267011
SN - 0167-6296
VL - 32
SP - 149
EP - 159
JO - Journal of Health Economics
JF - Journal of Health Economics
IS - 1
ER -