Wages, Nonwage Job Characteristics and the Search Behavior of Employees
实证分析员工是否搜寻新工作的决策，发现当前工资、未来工资和非工资工作特征都显著影响该决策。
This paper analyzes the search decision of employees empirically. A maximum likelihood model consisting of a wage equation and a search equation, in which the difference between the present and the nonobserved alternative (market) wage is included, is estimated to investigate the importance of nonwage job characteristics and future wage prospects relative to the present wage. The estimation results indicate that both present and future wages and nonwage job characteristics have a significant impact on the search decisions of employees. Copyright 1991 by MIT Press.