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Titel
The value of working conditions in the United States and implications for the structure of wages / Nicole Maestas (Harvard University and NBER), Kathleen J. Mullen (RAND and IZA), David Powell (RAND), Till von Wachter (University of California Los Angeles, NBER and CEPR), Jeffrey Wenger (RAND) ; IZA Institute of Labor Economics
VerfasserMaestas, Nicole ; Mullen, Kathleen J. ; Powell, David ; Wachter, Till von ; Wenger, Jeffrey
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, October 2018
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (62, A26 Seiten) : Illustrationen, Diagramme
SerieDiscussion paper ; no. 11925
URNurn:nbn:de:hbz:5:2-170340 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
The value of working conditions in the United States and implications for the structure of wages [1.82 mb]
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Zusammenfassung (Englisch)

This paper documents variation in working conditions among workers in the United States, presents new estimates of how workers value these conditions, and assesses the impact of working conditions on estimates of the wage structure and inequality. We use evidence from a series of stated preference experiments to estimate workers' willingness-to-pay for a broad set of job characteristics, which we validate with actual job choices. We find that working conditions vary substantially across workers, play a significant role in job choice decisions, and are central components of the compensation received by workers. Preferences vary by demographic groups and throughout the wage distribution. We find that accounting for differences in preferences for working conditions often exacerbates wage differentials by race, age, and education, and intensifies measures of wage inequality.