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Author: McCue, Kristin
Resulting in 1 citation.
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McCue, Kristin Reed, W. Robert |
New Evidence on Workers' Willingness to Pay for Job Attributes Southern Economic Journal 62,3 (January 1996): 627-652. Also: http://www.jstor.org/stable/1060884 Cohort(s): NLSY79 Publisher: Southern Economic Association Keyword(s): Benefits, Fringe; Wages, Reservation This paper provides new evidence on the importance of nonwage job attributes. Using self-reported data from the NLS Youth Cohort, the authors calculate differences in reservation wages across six different job types. The results suggest that workers generally place a relatively large monetary value on nonpecuniary dimensions of work. Furthermore, the authors find evidence of substantial heterogeneity in workers' valuations. This has implications for a number of labor market phenomena, including length of job search, losses associated with job placement, and the interoccupational mobility of labor. |
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Bibliography Citation
McCue, Kristin and W. Robert Reed. "New Evidence on Workers' Willingness to Pay for Job Attributes." Southern Economic Journal 62,3 (January 1996): 627-652.
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