Job Search and Commuting Time
构建了一个考虑工资与通勤时间组合的求职模型,利用失业者主观回答数据估计其对通勤时间的支付意愿,并关注模型设定与测量误差。
We structuraJly analyze a job search model for unemployed individu& that allows jobs to have different wage/commuting-time combinations.The structural parameter of interest is the willingness to pay for commuting time.We use a unique dataset containing subjective responses on the optimal search strategy by unemployed individu& in order to estimate this structural parameter without the need to rely on strong functional form assumptions.We pay special attention to specification errors in the model and to measurement errors in the data.The estimation results identify certain types of individu& who have a very low willingness to pay for (i.e. a very high disutility of) commuting time.