Hedonic Wages and Labor Market Search
研究劳动力市场搜寻如何影响享乐工资理论，发现搜寻导致工资与非工资福利的均衡分布与工人偏好差异很大，传统享乐工资方法估计的边际支付意愿存在偏差。
This article investigates the consequences of labor-market search for the theory of hedonic wages. The authors find that the introduction of search has surprising consequences for the theory of hedonic wages. In particular, they demonstrate that the equilibrium distribution of wage and nonwage amenity bundles generally bears little resemblance to workers' underlying preferences. A consequence of this analysis is that estimates of workers' marginal willingness to pay, derived from the conventional hedonic wage methodology, are biased. In addition, the authors demonstrate that search generates differences between firm-level and employee-level data that can cause substantial deviations in the estimates of hedonic wage equations. Copyright 1998 by University of Chicago Press.