日時：8月15日（金）17:00-18:30
報告者：Dominik Robert Wehr  (Stockholm School of Economics) 
場所：2号館11階経済学部会議室B
幹事：長谷部 拓也
言語：英語

タイトル：
Firm Pay Premia and On-The-Job Search: Evidence from Linked Survey and Administrative Data 
要旨：This paper presents novel evidence on the incidence of on-the-job search across the firm distribution, using data from a nationally representative survey linked to Swedish matched employer-employee records. I estimate that a 10 percentage point increase in a firm's pay premium reduces the likelihood of on-the-job search by 0.68 percentage points - nearly 1.5 times the effect size observed when considering individual pay alone. Using survey information on job satisfaction and non-pecuniary job attributes, I demonstrate that firm-level pay differences partly reflect compensating differentials implying downward bias in the estimated elasticity of search with respect to wages. Self-reported reasons for job search reveal that most downward moves in the job ladder are voluntary, and driven by non-pecuniary, idiosyncratic motives, consistent with recent theories of labor mobility. These findings have important implications for the role of search frictions in labor market competition.