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Firms offer compensation not only through wages, but also offer transport-related fringe benefits such as transport benefits (company cars, travel, and parking benefits) and relocation benefits to job applicants. We argue that these benefits are not randomly offered to employees, but depend on...
Persistent link: https://www.econbiz.de/10005193335
With informational frictions on the labor market, hedonic wage regressions provide biased estimates of the willingness to pay for job attributes. We show that a recent theoretical result, which states that the variation in job durations provides a basis for obtaining good estimates, can be...
Persistent link: https://www.econbiz.de/10005655212
We examine the effects of the spatial configuration of workers' residence and workplace location on intraregional residential and job moving decisions of workers belonging to two-earner households. We hypothesize that two-earner households' residential mobility depends positively on the...
Persistent link: https://www.econbiz.de/10005193301
Transaction costs have attracted considerable attention in the theoretical literature on residential mobility. Transaction costs are thought to cause suboptimal consumption of housing but may also negatively affect labor market outcomes. In the current paper, we demonstrate empirically for the...
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Most "wage curve" studies ignore the geography of local labor markets. However, when a local labor market is in close proximity of other labor markets, a local shock that increases unemployment may not lead to lower pay rates if employers fear outward migration of their workers. Hence, the...
Persistent link: https://www.econbiz.de/10005193273
There is an increasing awareness of the potentials of nonlinear modeling in regional science. This can be explained partly by the recognition of the limitations of conventional equilibrium models in complex situations, and also by the easy availability and accessibility of sophisticated...
Persistent link: https://www.econbiz.de/10005193322