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The Labor Market for Medical Interns in Sweden: A Case for the Existence of a Compensating Differential for Remoteness
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2014 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

By applying the theory of compensating differentials on a self-compiled data set on the 67 sites in Sweden that offer medical internships, I seek to identify the factors of an internship that determine its salary. Because prospective interns tend to queue for popular internships, I use an estimated equilibrium salary that incorporates the opportunity cost of delaying the internship. I find a significant independent correlation between the travel time to the nearest major city and salary that is suggestive of a compensating differential. The results imply that a larger salary differentiation can mitigate the widespread phenomena of maldistribution of physicians.

Place, publisher, year, edition, pages
Keyword [en]
Labor economics, compensating differentials, equalizing differentials, medical doctors, physicians, distance, Sweden
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URN: urn:nbn:se:uu:diva-226695OAI: diva2:726921
Available from: 2014-06-19 Created: 2014-06-19 Last updated: 2016-01-28Bibliographically approved

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