Abstract

This paper identifies the responses of measures of health care workers' relative compensation to unexpected changes in several macroeconomic variables. The results provide time series information about the relative compensation of workers in the health care sector of the economy. The findings will be valuable to those engaged in economic loss analysis, business valuations and assessments, and related research that often requires industry-specific knowledge about business conditions, trends in cost factors, and the overall economic environment. Moreover, the results should be important to health care managers and administrators who must plan for labor market changes following macroeconomic events.

Recommended Citation

Ewing, Bradley T.; Hoffman, James J.; and Thompson, Mark A. (2007) "Macroeconomic Activity and the Compensation of Health Care Workers," Journal of Business Valuation and Economic Loss Analysis: Vol. 2 : Iss. 2, Article 2.
Available at: http://www.bepress.com/jbvela/vol2/iss2/art2