Market estimates of worker dislocation costs

The labor literature has treated job security as an attribute that can be valued in a hedonic wage framework. What the literature has not done is construction of incremental willingness-to-pay measures for job dislocations. We have taken this step, and have compared estimates to accounting estimates...

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Veröffentlicht in:Economics letters 1987, Vol.24 (4), p.381-384
Hauptverfasser: Anderson, Donald W., Chandran, Ram V.
Format: Artikel
Sprache:eng
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Zusammenfassung:The labor literature has treated job security as an attribute that can be valued in a hedonic wage framework. What the literature has not done is construction of incremental willingness-to-pay measures for job dislocations. We have taken this step, and have compared estimates to accounting estimates.
ISSN:0165-1765
1873-7374
DOI:10.1016/0165-1765(87)90076-0