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Title:The acceptance of earnings losses after voluntary mobility PDF Logo
Authors:Schneck, Stefan
Issue Date:2011
Citation:[Journal:] Economics: The Open-Access, Open-Assessment E-Journal [Volume:] 5 [Issue:] 2011-2 [Pages:] 1-47
Abstract:Because 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.
Subjects:Mobility
wage cut
quit
JEL:J24
J30
J62
Persistent Identifier of the first edition:doi:10.5018/economics-ejournal.ja.2011-2
Creative Commons License:http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type:Article
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Journal Articles

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