This paper introduces an economic model to describe hospital nurses' supply and wage dynamics during the COVID-19 pandemic. The model illustrates how the pandemic disrupted nurse demand, supply, and wages and represents substitution dynamics between hospital and travel nurses. Using exogenous epidemiological data as model inputs, the authors evaluate how COVID-19 cases, hospitalizations, and deaths have affected nurse labor markets.
Authors
Carman, Katherine Grace, Crowley, Christina, Baker, Lawrence, Abir, Mahshid, Vardavas, Raffaele, Nascimento de Lima, Pedro
- Division
- RAND Homeland Security Research Division Disaster Management and Resilience
- Pages
- 20
- Published in
- United States
- RAND Identifier
- WR-A1444-1
- RAND Type
- draft
- Rights
- RAND Corporation
- Series
- Working Papers
- Source
- https://www.rand.org/pubs/working_papers/WRA1444-1.html
Table of Contents
- Modeling the Disruptive Impact of the COVID-19 Pandemic on Nurses Supply and Wages 1
- For more information on HSRD see www.rand.orghsrd . 3
- For more information on this publication see www.rand.orgtWR-A1444-1 . 3
- 1 Introduction 4
- 2 Brief review of COVID-19 and Nurse Labor Markets Models 4
- 3 Model 6
- 4 Informing the Model 11
- 5 Example Simulation Runs 13
- 6 Model Calibration 14
- 7 Conclusion 15
- References 18
