Markus Nagler
Assistant Professor of Economics
Fields
Education
Innovation
Labor
Workplace Stress and Earnings
Are workers compensated for workplace stress?
High-Pressure, High-Paying Jobs
(with Erwin Winkler and Johannes Rincke)
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.
R&R at The Review of Economics and Statistics
CESifo Working Paper No. 10102
Coverage: World Bank Jobs and Development Blog
The Amenity Value of Work from Home
How much are workers willing to pay to work from home?
How Much Do Workers Actually Value Working From Home?
(with Erwin Winkler and Johannes Rincke)
Working from home (WFH) has become ubiquitous around the world. Using a stated-preference experiment among German employees, we estimate workers’ valuation of WFH and its interaction with other job attributes. We show that workers are willing to give up 7.7% of their earnings for WFH. The value of WFH is significantly higher in the presence of a flexible work schedule, suggesting that employees view WFH and schedule flexibility as complements. The willingness-to-pay for WFH steeply increases with commuting distance. WFH reduces (but does not close) the gender gap in willingness-to-pay to avoid commuting.
CESifo Working Paper No. 10073
