The aim of this paper is to measure the extent to which lower wages in R&D functions reflect a preference effect. In contrast to the bulk of the literature on compensating wage differentials that compares wage levels of jobs with different attributes, we constructed measures of willingness to...

Policy makers in both the USA and Europe are aware of the necessity to stimulate the employment as well as the performance of scientists and engineers. This issue includes a selection of papers on both topics, bringing together labour economists as well as economists who do research on...