Compensating Differentials
主要研究问题：
- 为什么工作的工资和非工资福利（amenities）存在系统性差异？
- 工人对不同工作特征（如远程办公、灵活工时、风险）的真实估值是多少？
Why do amenities matter? Amentities are important components of compensation and job quality.
Discussion: Without frictions, competitive equilibrium is Pareto efficient. Why?