òòò½Íø Papers and Proceedings
ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)
ESG Is the Most Polarizing Nonwage Amenity: Evidence from a Field Experiment in Brazil
òòò½Íø Papers and Proceedings
vol. 115,
May 2025
(pp. 146–52)
Abstract
We examine job seekers' heterogeneous preferences for nonwage amenities, with a focus on environmental, social, and governance (ESG) practices, using an incentivized field experiment in Brazil. Our findings reveal that ESG is the most polarizing nonwage amenity across multiple sociodemographic groups, with the strongest preferences observed among highly educated, White, and politically liberal individuals (Colonnelli et al. 2025). While women report a stronger preference for work-from-home policies, all other nonwage amenities exhibit minimal variation across sociodemographic groups. Our findings highlight the critical role of corporate values in shaping economic outcomes within an increasingly polarized society.Citation
Colonnelli, Emanuele, Tim McQuade, Gabriel Ramos, Thomas Rauter, and Olivia Xiong. 2025. "ESG Is the Most Polarizing Nonwage Amenity: Evidence from a Field Experiment in Brazil." òòò½Íø Papers and Proceedings 115: 146–52. DOI: 10.1257/pandp.20251034Additional Materials
JEL Classification
- C93 Field Experiments
- J22 Time Allocation and Labor Supply
- J23 Labor Demand
- J32 Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
- M14 Corporate Culture; Diversity; Social Responsibility
- M52 Personnel Economics: Compensation and Compensation Methods and Their Effects
- O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration