Estimates of workers’ willingness to pay for nonwage job attributes (e.g., the risk of injury) are usually based on hedonic wage methods. In this study, workers’ marginal willingness to pay for nonwage job attributes is derived from an analysis of job quitting behavior employing discrete...

With informational frictions on the labor market, hedonic wage regressions provide biased estimates of the willingness to pay for job attributes. We show that a recent theoretical result, which states that variation in job durations does provide good estimates in case of a basic on-the-job...

Recently some authors have proposed to introduce a system of individual unemployment savings accounts as an alternative to traditional public unemployment insurance. In this paper we investigate the feasibility of individual accounts as a possible alternative route to address the...

In this paper we present an empirical structural job search model with endogenously determined search intensity. The model describes both the behaviour of unemployed job searchers and on-the-job search. We use data on various indicators (or search channels) for the intensity of search, like the...

This paper introduces a method to estimate the unemployed individual ‘s marginal willingness to pay for the remaining entitlement period by application of search theory. It is demonstrated that search theory implies that the unemployed individuals’ marginal willingness to pay the remaining...

In the Netherlands, students who want to become a medical specialist have to enrol in a training program which is in limited supply. During the search for a position as trainee (or "junior medical specialist"), they may accept a temporary job as a medical assistant. We use a micro dataset to...

A flow model of the Dutch labour market is used to calculate the efects of autonomous labour demand and supply shocks on employment and unemployment. The model is centered around a matching function which allows for heterogeneous unemployment by taking explicitly account of POWS through various...

When students apply to universities or unemployed workers search in the labor market, an increase of time input of one person (resulting in more applications) will increase the waiting time of the others. In this paper it will be show that in a decentralized market there will be excessive...

This paper models the propagation at the macro level of four types of shocks using the SVAR approach. Time series data for the Netherlands on job creation, job destruction, the number of vacancies and labour supply are used to identify aggregate demand and supply shocks, and reallocation demand...

In this paper a statistical model combining duration of search for an ap­prentice vacancy and choice of entering a training programme aiming at help­ing students finding an vacancy is presented. Using conventional duration models yields a negative effect on durations of search from the...