Search and Nonwage Job Characteristics
通过估计结构性在职搜寻模型,量化非工资工作特征对工人的重要性,发现非工资效用显著影响工作流动、工作价值及搜寻收益。
This paper quantifies the importance of nonwage job characteristics to workers by estimating a structural on-the-job search model. The model generalizes the standard search framework by allowing workers to search for jobs based on both wages and job-specific nonwage utility flows. Within the structure of the search model, data on accepted wages and wage changes at job transitions identify the importance of nonwage utility through revealed preference. The estimates reveal that utility from nonwage job characteristics plays an important role in determining job mobility, the value of jobs to workers, and the gains from job search.