Workers' Valuation of the Remaining Employment Contract Duration
Bibliographic Data
| ID | 9723988 |
|---|---|
| Authors | JOS VAN OMMEREN (0000-0003-4838-478X), Mihails Hazans (0000-0001-8107-2767, University of Latvia) |
| Year | 2008 |
| Volume | 75 |
| Issue | 297 |
| Pages | 116-139 |
| Publication date | 2008-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1468-0335.2007.00599.x |
| OpenAlex | W2121689535 |
| Language | EN |
| Citations received | 3 |
| References cited | 37 |
We introduce and apply a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay for the remaining duration of the employment contract is derived. We provide evidence that workers attach substantial value to the remaining contract duration. A temporary worker with a remaining contract of six months is willing to pay about 10% of the monthly wage to increase the contract by one month
Actuarial science · Business · Duration (music) · Economics · Labor contract · Labor relations · Labour economics · Marginal value · Microeconomics · Statistics · Valuation (finance) · Value (mathematics) · Wage · Willingness to pay · Employment and Welfare Studies · Finance · Firm Innovation and Growth · Labor market dynamics and wage inequality
OECD Employment Outlook 2004
Lawrence R. Klein Lecture Estimating Distributions of Treatment Effects with an Application to the Returns to Schooling and Measurement of the Effects of Uncertainty on College Choice
Chapter 12 The theory of equalizing differences
Equalizing Differences in the Labor Market
Chapter 15 Job search and labor market analysis
The real thin theory
Labour Market and Social Policies in the Baltic Countries
Limited-dependent and qualitative variables in econometrics
Compensating Wage Differentials and the Endogeneity of Job Riskiness
Valuing Risk in the Workplace
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Offer Heterogeneity in a Two State Model of Sequential Search
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| Unique citing works | 3 |
|---|---|
| Citations per year | 0,15 |
| Citation span | 2006 - 2012 (7) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |