Publication:
What Aspects of Formality Do Workers Value? Evidence from a Choice Experiment in Bangladesh

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creativeworkseries.issn1564-698X
dc.contributor.authorMahmud, Minhaj
dc.contributor.authorGutierrez, Italo A.
dc.contributor.authorKumar, Krishna B.
dc.contributor.authorNataraj, Shanthi
dc.date.accessioned2023-12-20T19:05:48Z
dc.date.available2023-12-20T19:05:48Z
dc.date.issued2020-01-06
dc.description.abstractThis study uses a choice experiment among 2,000 workers in Bangladesh to elicit willingness to pay (WTP) for job attributes: a contract, termination notice, working hours, paid leave, and a pension fund. Using a stated preference method allows calculation of WTP for benefits in this setting, despite the lack of data on worker transitions, and the fact that many workers are self-employed, which makes it difficult to use revealed preference methods. Workers highly value job stability: the average worker would be willing to forgo a 27 percent increase in income to obtain a one-year contract (relative to no contract), or to forgo a 12 percent increase to obtain thirty days of termination notice. There is substantial heterogeneity in WTP by type of employment and gender: women value shorter working hours more than men, while government workers place a higher value on contracts than do private-sector employees.en
dc.identifier.citationThe World Bank Economic Review
dc.identifier.doi10.1596/40777
dc.identifier.issn0258-6770 (print)
dc.identifier.issn1564-698X (online)
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40777
dc.language.isoen_US
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subjectINFORMALITY
dc.subjectWORKING CONDITIONS
dc.subjectCHOICE EXPERIMENT
dc.titleWhat Aspects of Formality Do Workers Value? Evidence from a Choice Experiment in Bangladeshen
dc.typeJournal Article
dspace.entity.typePublication
okr.associatedcontenthttps://academic.oup.com/wber/article/35/2/303/5696782 Journal website (version of record)
okr.crossref.titleWhat Aspects of Formality Do Workers Value? Evidence from a Choice Experiment in Bangladesh
okr.date.disclosure2023-12-20
okr.doctypePublications & Research
okr.doctypePublications & Research::Journal Article
okr.identifier.doidoi.org/10.1093/wber/lhz046
okr.identifier.doihttp://dx.doi.org/10.1596/40777
okr.language.supporteden
okr.pagenumber303-327
okr.peerreviewAcademic Peer Review
okr.region.administrativeSouth Asia
okr.region.countryBangladesh
okr.topicLaw and Development::Labor & Employment Law
okr.topicSocial Protections and Labor::Labor Standards
okr.volume35 (2)
relation.isJournalIssueOfPublicationd521bf81-b3df-4cd0-914b-c88842ba5a68
relation.isJournalIssueOfPublication.latestForDiscoveryd521bf81-b3df-4cd0-914b-c88842ba5a68
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublication3a13adfa-b971-4f6d-9aaa-21ba96efc218
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