The acceptance of earnings losses after voluntary mobility
AbstractBecause rational individuals know that they cannot always get what they want, they are assumed to make appropriate adjustments. However, little is known about trade-off reasoning in labor market mobility decision making. The objective of this paper is to analyze the effect of job-specific amenities on the decision to voluntarily accept wage cuts. Application of German household data reveals that voluntarily mobile workers are more likely to accept lower wages when strain can be improved. In other words, the considered mobile workers trade off amenities and monetary rewards when changing employers. --
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Bibliographic InfoArticle provided by Kiel Institute for the World Economy in its journal Economics: The Open-Access, Open-Assessment E-Journal.
Volume (Year): 5 (2011)
Issue (Month): 2 ()
Mobility; wage cut; quit;
Other versions of this item:
- Schneck, Stefan, 2010. "The acceptance of earnings losses after voluntary mobility," Economics Discussion Papers 2010-21, Kiel Institute for the World Economy.
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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CEPR Discussion Papers
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