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The value of commuting time in an empirical on-the-job search model -- an application based on moments from two samples

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  • Gunnar Isacsson
  • Anders Karlström
  • Jan-Erik Swärdh

Abstract

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.

Suggested Citation

  • Gunnar Isacsson & Anders Karlström & Jan-Erik Swärdh, 2013. "The value of commuting time in an empirical on-the-job search model -- an application based on moments from two samples," Applied Economics, Taylor & Francis Journals, vol. 45(19), pages 2827-2837, July.
  • Handle: RePEc:taf:applec:v:45:y:2013:i:19:p:2827-2837
    DOI: 10.1080/00036846.2012.678981
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    Cited by:

    1. Duco Vos & Evert Meijers & Maarten Ham, 2018. "Working from home and the willingness to accept a longer commute," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 61(2), pages 375-398, September.
    2. Jan-Erik Swärdh & Staffan Algers, 2016. "Willingness to accept commuting time within the household: stated preference evidence," Transportation, Springer, vol. 43(2), pages 219-241, March.
    3. Łukasz Piętak, 2022. "Regional disparities, transmission channels and country's economic growth," Journal of Regional Science, Wiley Blackwell, vol. 62(1), pages 270-306, January.

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