Job Search and Commuting Time
AbstractThe authors structurally analyze a job search model for unemployed individuals that allows jobs to have different wage/commuting-time combinations. The structural parameter of interest is the degree of willingness to pay for commuting time. The authors use a unique dataset containing responses by unemployed individuals on the optimal search strategy in order to estimate this parameter without the need to rely on functional form assumptions. They address specification errors in the model and measurement errors in the data. The results identify types of individuals who have a high disutility of commuting time.
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Bibliographic InfoArticle provided by American Statistical Association in its journal Journal of Business and Economic Statistics.
Volume (Year): 15 (1997)
Issue (Month): 2 (April)
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- Blau, David M, 1991. "Search for Nonwage Job Characteristics: A Test of the Reservation Wage Hypothesis," Journal of Labor Economics, University of Chicago Press, vol. 9(2), pages 186-205, April.
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338, Tilburg University, Faculty of Economics and Business Administration.
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- Cameron, Trudy Ann, 1988. "A new paradigm for valuing non-market goods using referendum data: Maximum likelihood estimation by censored logistic regression," Journal of Environmental Economics and Management, Elsevier, vol. 15(3), pages 355-379, September.
- Lancaster, Tony & Chesher, Andrew, 1983. "An Econometric Analysis of Reservation Wages," Econometrica, Econometric Society, vol. 51(6), pages 1661-76, November.
- James J. Heckman & Christopher J. Flinn, 1982.
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NBER Working Papers
0856, National Bureau of Economic Research, Inc.
- Flinn, C. & Heckman, J., 1982. "New methods for analyzing structural models of labor force dynamics," Journal of Econometrics, Elsevier, vol. 18(1), pages 115-168, January.
- Trudy Ann Cameron & Michelle D. James, 1986.
"Efficient Estimation Methods for "Closed-Ended" Contingent Valuation Surveys,"
UCLA Economics Working Papers
404, UCLA Department of Economics.
- Cameron, Trudy Ann & James, Michelle D, 1987. "Efficient Estimation Methods for "Closed-ended' Contingent Valuation Surveys," The Review of Economics and Statistics, MIT Press, vol. 69(2), pages 269-76, May.
- Timothy J. Gronberg & W. Robert Reed, 1994. "Estimating Workers' Marginal Willingness to Pay for Job Attributes Using Duration Data," Journal of Human Resources, University of Wisconsin Press, vol. 29(3), pages 911-931.
- van den Berg, Gerard J, 1995.
"Wage dispersion and mobility,"
Elsevier, vol. 12(1), pages 15-27, January.
- van den Berg, Gerard J, 1990.
"Nonstationarity in Job Search Theory,"
Review of Economic Studies,
Wiley Blackwell, vol. 57(2), pages 255-77, April.
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