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Follow the money ? Workers’ mobility, wages and amenities

D. Babet and M. Chabaud
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D. Babet: INSEE
M. Chabaud: INSEE

Documents de Travail de l'Insee - INSEE Working Papers from Institut National de la Statistique et des Etudes Economiques

Abstract: We use a chained version of the French matched employer-employee dataset (BTS-postes) to analyze the wage dynamics of people who change employers during the 2005-2019 period. First, we show that almost half of the moves that we interpret as being chosen are accompanied by a decrease in the hourly wage. To understand why workers might voluntarily quit a job for another one that pays less, we follow Sorkin (2018) to measure non-wage amenities offered by firms using the structure of employer-to-employer transitions. We find that in the French context, non-pay characteristics of jobs play a similar role than in the US, explaining about 10% of the variance of (log)-wages. By comparing estimates based on annualized and hourly wages, we see indications that workers value more firms in which they can work longer hours.

Keywords: Firm-to-firm mobility; wage gap; non-wage amenities (search for similar items in EconPapers)
JEL-codes: J31 J63 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-lma
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