Employed and unemployed search: The marginal willingness to pay for attributes in Lithuania, the US and the Netherlands
This paper introduces a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay to avoid a temporary contract, which increases the risk of becoming unemployed, is derived for Lithuania. The empirical relevance of this method is further shown re-interpreting studies that examine search behaviour in the U.S. and the Netherlands. We provide estimates of workers' willingness to pay for a wide range of job attributes including the risk of becoming unemployed and promotion prospects. Further, we discuss and appl... Mehr ...
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Dokumenttyp: | doc-type:workingPaper |
Erscheinungsdatum: | 2003 |
Verlag/Hrsg.: |
Bonn: Rheinische Friedrich-Wilhelms-Universität Bonn
Zentrum für Europäische Integrationsforschung (ZEI) |
Schlagwörter: | ddc:330 / J3 / J6 / Arbeitsuche / Willingness to pay / Lohnstruktur / Hedonischer Preis / Arbeitslosigkeit / Schätzung |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-26846795 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://hdl.handle.net/10419/39549 |
This paper introduces a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay to avoid a temporary contract, which increases the risk of becoming unemployed, is derived for Lithuania. The empirical relevance of this method is further shown re-interpreting studies that examine search behaviour in the U.S. and the Netherlands. We provide estimates of workers' willingness to pay for a wide range of job attributes including the risk of becoming unemployed and promotion prospects. Further, we discuss and apply a method for estimating unemployed individuals' willingness to pay for recall opportunities and the residual entitlement period