Business, 01.03.2021 22:20 malakabdulah5792
Consider the labor market for public school teachers. Teachers have preferences over their salary, amenities, and school characteristics. Given this, one would reasonably expect that high-crime school districts would pay higher wages than low-crime school districts. However, the data consistently reveal that high-crime school districts pay lower wages than low-crime districts. Why is there no apparent compensating wage differential in this case and how does this omission, if truly not evident, impact schools?
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Consider the labor market for public school teachers. Teachers have preferences over their salary, a...
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