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We show here that the return to education and several other concerns in the labor earnings literature are substantially impacted by amenity variation. Moreover, the nature of the impacts are in some cases counter-intuitive. For example, if higher education households move to nicer amenity...
Persistent link: https://www.econbiz.de/10014206016
Persistent link: https://www.econbiz.de/10014179212
This paper discusses the use of hedonic techniques to theoretically and empirically understand the wages of higher education faculty. The paper first presents theoretical models of department and faculty choice. These models represent a synthesis of prior work in the hedonic area. The models...
Persistent link: https://www.econbiz.de/10014199522