The workers' value of the remaining employment contract duration

Jos van Ommeren () and Mihails Hazans

Labor and Demography from University Library of Munich, Germany

Abstract: This paper introduces and applies 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 6 months is willing to pay about 10% of the wage to increase the contract by one month.

Keywords: On-the-job search; Job attributes; Contract duration; Temporary job (search for similar items in EconPapers)
JEL-codes: J31 J41 J6 P23 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2005-06-25
Note: Type of Document - pdf; pages: 34
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/lab/papers/0506/0506006.pdf (application/pdf)

Related works:
Working Paper: The Workers' Value of the Remaining Employment Contract Duration (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpla:0506006

Access Statistics for this paper

More papers in Labor and Demography from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ( this e-mail address is bad, please contact ).