WAGES AND COMMUTING: QUASI-NATURAL EXPERIMENTS' EVIDENCE FROM FIRMS THAT RELOCATE

• 成果类型: Article
• 署名作者: Mulalic, Ismir; Van Ommeren, Jos N.; Pilegaard, Ninette
• 署名单位: Technical University of Denmark; Vrije Universiteit Amsterdam
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/ecoj.12074
• 发表日期: 2014
• 页码: 1086-1105
• 关键词: location choice; travel-time; unemployment; MODEL; CONSEQUENCES; workers; MARKET; POWER

摘要

We examine individual-level compensating differentials for commuting distance in a quasi-natural experiment setting by examining how wages respond to changes in commuting distance induced by firm relocations. This set-up enables us to test for the relevance of job search frictions within labour market models. Due to the quasi-experimental set-up, we are able to avoid a range of endogeneity issues. We demonstrate that a 1 km increase in commuting distance induces an almost negligible wage increase in the year after the relocation but a more substantial wage increase of about 0.15% three years later.