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Estimating the Marginal Willingness to Pay for Commuting

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Author Info
Jos van Ommeren
Gerard J. van den Berg
Cees Gorter

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Abstract

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 the variation in job durations provides a basis for obtaining good estimates, 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 average willingness to pay for one hour commuting is estimated to equal almost half of the hourly wage rate. Copyright 2000 Blackwell Publishers

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/0022-4146.00187
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Article provided by Blackwell Publishing in its journal Journal of Regional Science.

Volume (Year): 40 (2000)
Issue (Month): 3 ()
Pages: 541-563
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Handle: RePEc:bla:jregsc:v:40:y:2000:i:3:p:541-563

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. 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. [Downloadable!] (restricted)
  2. Honore, Bo E, 1993. "Identification Results for Duration Models with Multiple Spells," Review of Economic Studies, Blackwell Publishing, vol. 60(1), pages 241-46, January. [Downloadable!] (restricted)
  3. Hey, John D & McKenna, Chris J, 1979. "To Move or Not to Move?," Economica, London School of Economics and Political Science, vol. 46(182), pages 175-85, May. [Downloadable!] (restricted)
  4. Devine, Theresa J. & Kiefer, Nicholas M., 1993. "The empirical status of job search theory," Labour Economics, Elsevier, vol. 1(1), pages 3-24, June. [Downloadable!] (restricted)
  5. Herzog, Henry W, Jr & Schlottmann, Alan M, 1990. "Valuing Risk in the Workplace: Market Price, Willingness to Pay, and the Optimal Provision of Safety," The Review of Economics and Statistics, MIT Press, vol. 72(3), pages 463-70, August. [Downloadable!] (restricted)
  6. Ann P. Bartel, 1982. "Wages, nonwage job characteristics, and labor mobility," Industrial and Labor Relations Review, ILR Review, ILR School, Cornell University, vol. 35(4), pages 578-589, July.
  7. Albrecht, James W. & Holmlund, Bertil & Lang, Harald, 1991. "Comparative statics in dynamic programming models with an application to job search," Journal of Economic Dynamics and Control, Elsevier, vol. 15(4), pages 755-769, October. [Downloadable!] (restricted)
  8. Hwang, Hae-shin & Mortensen, Dale T & Reed, W Robert, 1998. "Hedonic Wages and Labor Market Search," Journal of Labor Economics, University of Chicago Press, vol. 16(4), pages 815-47, October. [Downloadable!] (restricted)
  9. Bartik, Timothy J. & Butler, J. S. & Liu, Jin-Tan, 1992. "Maximum score estimates of the determinants of residential mobility: Implications for the value of residential attachment and neighborhood amenities," Journal of Urban Economics, Elsevier, vol. 32(2), pages 233-256, September. [Downloadable!] (restricted)
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  10. Dale Mortensen, 1984. "Job Search and Labor Market Analysis," Discussion Papers 594, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  11. Madden, Janice Fanning, 1985. "Urban wage gradients: Empirical evidence," Journal of Urban Economics, Elsevier, vol. 18(3), pages 291-301, November. [Downloadable!] (restricted)
  12. Heckman, James J. & Singer, Burton, 1984. "Econometric duration analysis," Journal of Econometrics, Elsevier, vol. 24(1-2), pages 63-132. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Alan Manning, 2003. "The Real Thin Theory: Monopsony in Modern Labour Markets," CEP Discussion Papers dp0564, Centre for Economic Performance, LSE. [Downloadable!]
    Other versions:
  2. Jos van Ommeren & Piet Rietveld, 2002. "Commuting, Spatial Search and Labour Market Bargaining," Tinbergen Institute Discussion Papers 02-039/3, Tinbergen Institute. [Downloadable!]
  3. Stutzer, Alois & Bruno S. Frey, 2004. "Stress That Doesn't Pay: The Commuting Paradox," IZA Discussion Papers 1278, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  4. Marloes de Graaf-Zijl, 2005. "The Anatomy of Job Satisfaction and the Role of Contingent Employment Contracts," Tinbergen Institute Discussion Papers 05-119/3, Tinbergen Institute. [Downloadable!]
  5. StÈphane Bonhomme & GrÈgory Jolivet, 2009. "The pervasive absence of compensating differentials," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(5), pages 763-795. [Downloadable!]
  6. Isacsson, Gunnar & Swärdh, Jan-Erik, 2007. "An empirical on-the-job search model with preferences for relative earnings: How high is the value of commuting time?," Working Papers 2007:12, Swedish National Road & Transport Research Institute (VTI). [Downloadable!]
  7. Jos van Ommeren & Arno van der Vlist & Peter Nijkamp, 2002. "Transport-Related Fringe Benefits," Tinbergen Institute Discussion Papers 02-063/3, Tinbergen Institute. [Downloadable!]
  8. Hazans, Mihails, 2002. "Social returns to commuting in the Baltic states," ERSA conference papers ersa02p232, European Regional Science Association. [Downloadable!]
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This page was last updated on 2009-11-22.

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