Search results for "Contract duration"

showing 3 items of 3 documents

Workers' Valuation of the Remaining Employment Contract Duration

2007

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.

Economics and EconometricsLabour economicsWillingness to paymedia_common.quotation_subjectValue (economics)WageEconomicsDuration (project management)Contract durationmedia_commonEmployment contractEconomica
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The Workers' Value of the Remaining Employment Contract Duration

2005

This paper introduces and applies a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Workers' 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.

Labour economicsWillingness to paymedia_common.quotation_subjectValue (economics)WageBusinessDuration (project management)Contract durationEmployment contractmedia_commonSSRN Electronic Journal
researchProduct

The workers' value of the remaining employment contract duration

2005

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.This discussion paper has resulted in a publication in Economica, 2008, 75(297), 116-39.

jel:J3jel:P23jel:J6On-the-job search; Job attributes; Contract duration; Temporary jobjel:J31jel:J41
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