The Workers' Value of the Remaining Employment Contract Duration

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Tinbergen Institute Discussion Paper ; No. 05-069/3

Classification and Topics

• Classification: Wirtschaft
• Subject: On-the-job search ; Job attributes ; Contract duration ; Temporary job ; Suchtheorie ; Arbeitsvertrag ; Dauer ; Befristete Beschäftigung ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ommeren, Jos Van ; Hazans, Mihails
• Event: Veröffentlichung
• (who): Tinbergen Institute
• (where): Amsterdam and Rotterdam
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/86566
• Last update: 10.03.2025, 11:43 AM CET