High-Pressure, High-Paying Jobs?

• 成果类型: Article
• 署名作者: Nagler, Markus; Rincke, Johannes; Winkler, Erwin
• 署名单位: University of Erlangen Nuremberg; Leibniz Association; Ifo Institut
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_01362
• 发表日期: 2025
• 关键词: compensating wage differentials; UNITED-STATES; mortality; tasks; work; STRESSORS; rise

摘要

Work-related stress has reportedly increased over time. Using worker-level survey and experimental data, we investigate the labor market consequences of work pressure. We build a measure of pressure strongly associated with adverse health outcomes and show that pressure comes with a sizable earnings premium, reflecting workers' willingness-to-pay to avoid pressure. As expected, we do not find a premium among civil servants who face strong labor market frictions. Our experimental evidence is consistent with workers sorting into high-pressure jobs and with a sizable market-level compensating differential. Differences in the prevalence and valuation of work pressure explain substantial shares of wage inequality.