Macroeconomic Conditions When Young Shape Job Preferences for Life
研究美国1920年代以来各地区的收入变化，发现年轻时经历的宏观经济状况（衰退或繁荣）会系统性地影响人们终身对收入和工作意义的重视程度。
Abstract Preferences for monetary and nonmonetary job attributes are important for understanding workers' motivation and the organization of work. Little is known, however, about how those job preferences are formed. We study how macroeconomic conditions when young shape workers' job preferences for life. Using variation in income-per-capita across U.S. regions and over time since the 1920s, we find that job preferences vary in systematic ways with experienced macroeconomic conditions during young adulthood. Recessions create cohorts of workers who give higher priority to income, whereas booms make cohorts care more about job meaning for the rest of their lives.