This must be the place: local amenities and superstars’ wages

Mattia Filomena; Francesco Principe

doi:10.1007/s00181-024-02640-w

This must be the place: local amenities and superstars’ wages

Mattia Filomena, Francesco Principe^*

^*Corresponding author for this work

Applied Economics

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Abstract

We investigate the role of local amenities in shaping compensating wage differentials in labor market populated by high-skilled workers. Using 10 years of longitudinal data on workers productivity along with information on firms and location amenities, we evaluate whether workers are willing to pay to join a better firm and if firms with undesirable attributes must provide higher wages to attract workers. By accounting for unobserved workers heterogeneity, we show that superstars receive positive wage differentials for lower location amenities as well as riskier employments.

Original language	English
Journal	Empirical Economics
DOIs	https://doi.org/10.1007/s00181-024-02640-w
Publication status	E-pub ahead of print - 1 Jul 2024

Bibliographical note

JEL Classification: J31 · J24 · R23

Publisher Copyright: © The Author(s) 2024.

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s00181-024-02640-wFinal published version, 969 KBLicence: CC BY

Cite this

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This must be the place: local amenities and superstars’ wages

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