Non-Wage Job Characteristics And The Case of The Missing Margin

@inproceedings{Becker2008NonWageJC,
  title={Non-Wage Job Characteristics And The Case of The Missing Margin},
  author={Dan Becker},
  year={2008}
}
Job search models typically describe jobs in terms of wages without accounting for other characteristics, but empirical evidence suggests non-wage characteristics are an important determinant of job choice. For instance, workers in the NLSY79 report moving from a higher paying job to a lower paying job in 33% of voluntary job-tojob transitions. I estimate an equilibrium-based job search model that accounts for hiring wages, on-the-job wage growth, non-wage job characteristics, and measurement… CONTINUE READING

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