Frazis, Harley J.; Loewenstein, Mark A. - 2009
effect on quits of the marginal dollar of
benefits relative to the marginal dollar of wages is an under-researched topic … that the quit rate is much more responsive to fringe benefits than to wages; this is
even more the case with total … abstracting from heterogeneity, workers must at the margin
place a higher valuation on a dollar of wages than a dollar of …