Estimating the marginal willingness to pay for commuting Jos van Ommeren *

@inproceedings{Gorter1999EstimatingTM,
  title={Estimating the marginal willingness to pay for commuting Jos van Ommeren *},
  author={Cees Gorter},
  year={1999}
}
  • Cees Gorter
  • Published 1999
With informational frictions on the labor market, hedonic wage regressions provide biased estimates of the willingness to pay for job attributes. We show that a recent theoretical result, which states that variation in job durations does provide good estimates in case of a basic on-the-job search model, can be generalized to a wide class of search models. We apply this result by estimating the marginal willingness of employed workers to pay for commuting, using Dutch longitudinal data. The… CONTINUE READING
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