Ommeren, Jos van; Berg, Gerard J. van den; Gorter, Cees - VU University Amsterdam, Faculty of Economics, Business … - 1998
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...
