Seminar: Is it all about the money? Effect of non-monetary amenities on job choices (summer term 2025)

 

Teachers

  
 

Prof. Dr. Steffen Müller

Lotte Rothschild

 

Contents

  
 

While traditional economic models focus on monetary compensation as the primary driver of labour supply, empirical research shows that workers value non-monetary aspects of jobs and regions, influencing both individual choices and firm-level outcomes.
-    Theoretical foundations: compensating wage differentials and worker preferences
-    Empirical evidence on the valuation of non-monetary job characteristics
-    Regional differences in amenities and their impact on labour mobility

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