Modeling the Disruptive Impact of the COVID-19 Pandemic on Nurses' Supply and Wages

Raffaele Vardavas, Pedro Nascimento de Lima, Lawrence Baker, Christina Crowley, Katherine Grace Carman, Mahshid Abir

Published Aug 26, 2024

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.

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Vardavas, Raffaele, Pedro Nascimento de Lima, Lawrence Baker, Christina Crowley, Katherine Grace Carman, and Mahshid Abir, Modeling the Disruptive Impact of the COVID-19 Pandemic on Nurses' Supply and Wages. Santa Monica, CA: RAND Corporation, 2024. https://www.rand.org/pubs/working_papers/WRA1444-1.html.
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This research was conducted in the Disaster Management & Resilience Program of the RAND Homeland Security Research Division.

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