Workers' Valuation of the Remaining Employment Contract Duration

C-Tier
Journal: Economica
Year: 2008
Volume: 75
Issue: 297
Pages: 116-139

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:bla:econom:v:75:y:2008:i:297:p:116-139
Journal Field
General
Author Count
2
Added to Database
2026-01-25