The value of commuting time in an empirical on-the-job search model: An application based on moments from two samples
2013 (English)In: Applied Economics, ISSN 0003-6846, E-ISSN 1466-4283, Vol. 45, no 19, 2827-2837 p.Article in journal (Refereed) Published
This article estimates the Value of Commuting Time (VOCT) among Swedish males in an empirical on-the-job search model. It uses a large sample of employee-establishment linked data obtained from administrative registers. The sample lacks information on mode choice for the journey to work. We therefore estimate a mode choice model on another sample and use this model to link the administrative data to the relevant set of travel times, costs and distances. The VOCT is found to be 1.8 times the net hourly wage rate in the sample. The relatively high estimate results from a high VOCT among cohabiting men.
Place, publisher, year, edition, pages
2013. Vol. 45, no 19, 2827-2837 p.
value of time, on-the-job search model, job durations, mode choice
Transport Systems and Logistics Economics
IdentifiersURN: urn:nbn:se:kth:diva-71756DOI: 10.1080/00036846.2012.678981ISI: 000305174700013ScopusID: 2-s2.0-84862282936OAI: oai:DiVA.org:kth-71756DiVA: diva2:486963
FunderTrenOp, Transport Research Environment with Novel Perspectives
QC 20130109. TSC import 921 2012-01-302012-01-312012-01-312013-04-10Bibliographically approved