A note on workers' willingness to pay for nonwage job attributes and labor mobility
AbstractEstimates of workers' willingness to pay for nonwage job attributes (e.g., the risk of injury) are usually based on hedonic wage methods. In this study, workers' marginal willingness to pay for nonwage job attributes is derived from an analysis of job quitting behavior employing discrete choice models. Empirical estimates of the workers' marginal willingness to pay for nonwage job attributes are obtained in two ways. First, estimates are obtained by re-interpreting empirical studies of workers' on-the-job mobility behavior in the US. Second, estimates for workers' willingness to pay for commuting are derived based on an analysis ofjob quitting behavior in the Netherlands.
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Bibliographic InfoPaper provided by VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics in its series Serie Research Memoranda with number 0007.
Date of creation: 2002
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Web page: http://www.feweb.vu.nl
Find related papers by JEL classification:
- J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Private Pensions
- J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - General
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