Abstract
IN this paper we consider the impact of non-pecuniary job attributes on the distribution of male earnings and test the hypothesis that workers who undertake unfavourable or unattractive jobs will be compensated with higher earnings. Despite the fact that the theory of compensating wage differentials was first formally stated more than 200 years ago by Adam Smith, it is only recently that attempts have been made to subject it to empirical verification. Indeed, for Great Britain only the study by Marin and Psacharopoulos (1982) has attempted to use non-pecuniary job attributes (in their case the risk of death or injury) to explain wage differentials. The structure of the paper is as follows. In the next section we outline the methodology and data used in the study. The results of our analysis are then
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