Firm Pay, Amenities, and Inequality

We thank researchers at the IAB for assistance in linking the survey responses to the administrative data and for assistance fielding the worker-level survey. We thank David Card, Lisa Kahn, Attila Lindner, Alexandre Mas, Raffaele Saggio, Isaac Sorkin, participants at the National Bureau of Economic Research’s 2025 Summer Institute (Labor Studies), and numerous other seminar and conference participants for helpful comments and discussions. We thank Monica Aberg, Cristian Alamos, Kyle Neary, Marie Hogan, and Sebastian Puerta for outstanding research assistance. We thank the National Science Foundation (SES 2242439, “Firm Wages and Amenities”), the UC Berkeley Department of Economics, the UC Berkeley Hellman Fund, and the Joachim Herz Foundation for funding. Corresponding author: Caldwell, scaldwell@berkeley.edu. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

• April 28, 2026