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We develop an equilibrium job search model in which employees incur commuting costs, and residential relocation is costly. We demonstrate that firms partially compensate workers for the incurred relocation costs to avoid paying compensation for commuting costs.
Persistent link: https://www.econbiz.de/10010324767
We develop an equilibrium job search model in which employees incur endogenous commuting costs. This model leads to the following conclusions:1.Firms partially compensate workers for the incurred commuting costs.2.When workers have more bargaining power, they will receive less compensation for...
Persistent link: https://www.econbiz.de/10010324854
In this paper we determine the effect of transport cost on commuting flows, on the basis of an analysis of home-to-work journeys between municipalities in Denmark. Special attention is given to a proper estimation method and the form of the distance-decay function. It appears that neither an...
Persistent link: https://www.econbiz.de/10010325561
This paper investigates the welfare effect of adverse weather through changes in the speed of individuals’ car commuting trips in the entire Netherlands. Weather measurements are local and time specific (hourly basis). As most commuters travel twice a day between home and work, we are able to...
Persistent link: https://www.econbiz.de/10010325646
Using a dynamic approach, employing data on job mobility, we demonstrate that university workers' marginal willingness to pay for reducing commuting distance is about euro 0.25 per kilometre travelled. This corresponds to a marginal willingness to pay for reducing commuting time of about 75% of...
Persistent link: https://www.econbiz.de/10010326075
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This paper investigates the welfare effect of adverse weather through changes in the speed of individuals’ car commuting trips in the entire Netherlands. Weather measurements are local and time specific (hourly basis). As most commuters travel twice a day between home and work, we are able to...
Persistent link: https://www.econbiz.de/10011377069