We write and estimate a dynamic model of wages, amenities and labor mobility.Workers trade off wage and amenity offers when deciding whether to change jobs,while facing heterogenous mobility costs. We show that these frictions can turn strongindividual preferences for non wage characteristics...

Abstract Job characteristics can affect worker turnover through their effect on utility and through their effect on outside job opportunities. We separately identify and estimate the roles of these two channels. Our method exploits information on job changes and relies on an augmented sample...