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.
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on-the-job search model;
value of time
Document Type: Research Article
Transport Economics Unit,National Road and Transportations Research Institute, PO Box 920, SE-781 29 Borlänge, Sweden
Department of Transport and Economics,Royal Institute of Technology, SE-100 44 Stockholm, Sweden
Transport Economics Unit,National Road and Transportations Research Institute, PO Box 55685SE-102 15 Stockholm, Sweden
Publication date: 2013-07-01
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