Job Search and Commuting Time
通过结构模型分析失业者的求职行为,利用独特的主观调查数据估计其对通勤时间的支付意愿,发现部分人群对通勤时间的厌恶程度极高。
We structurally analyze a job search model for unemployed individuals that allows jobs to have different wage/commuting-time combinations. Thestructural parameter of interest is the willingness to pay for commuting time. We use a unique dataset containing subjective responses on the optimalsearch strategy by unemployed individuals in order to estimatethis structural parameter without the need to rely on strong functional form assumptions. We pay special attention to specification errors in the modeland to measurement errors in the data. The estimation results identify certain types of individuals who have a very low willingness to pay for (i.e. avery high disutility of) commuting time.