ESG is the Most Polarizing Nonwage Amenity: Evidence from a Field Experiment in Brazil
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.
Authors
- Emanuele Colonnelli
- Gabriel Ramos (ORCID: https://orcid.org/0000-0002-5978-3519)
- Tim McQuade
- Thomas Rauter (ORCID: https://orcid.org/0009-0003-4951-4491)
- Olivia Xiong
Institutions
- Bread for the World Institute (US)
- University of Chicago (US)
- Imperial College London (GB)
- University of California, Berkeley (US)
Publication Details
- Journal
- AEA Papers and Proceedings
- Published
- 2025-05-01
- DOI
- https://doi.org/10.1257/pandp.20251034
- Citations
- 1
- Primary Topic
- Fiscal Policy and Economic Growth
- Type
- article
- Field-Weighted Citation Impact
- 3.13