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Recent theoretical work has examined the spatial distribution of unemployment using the efficiency wage model as the mechanism by which unemployment arises in the urban economy. This paper extends the standard efficiency wage model in order to allow for behavioral substitution between leisure...
Persistent link: https://www.econbiz.de/10010320094
Work is derived from any activity, this provides security and welfare, resulting in happiness, the good life, man should concentrate on developing their craft because they become like gods, and to seek their freedom in activities that are end in themselves, their true life is leisure...
Persistent link: https://www.econbiz.de/10014181191
We explore the importance and nature of elderly couples' labor market interlinkages, and how such linkages shape the response to welfare reforms. To this end, we build a life cycle model with dual-earner households, featuring heterogeneous age gaps, non-separable leisure preferences, and...
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Following the report of the Stiglitz Commission, measuring and comparing well-being across countries has gained renewed interest. Yet, analyses that go beyond income and incorporate non-market dimensions of welfare most often rely on the assumption of identical preferences to avoid the...
Persistent link: https://www.econbiz.de/10013118277
This paper exploits the complex sequential structure of the diary data in the American Heritage Time Use Study (AHTUS) and constructs three classes of indicators that capture the quality of leisure ('pure leisure,' 'co-present leisure' and 'leisure fragmentation') to show that the relative...
Persistent link: https://www.econbiz.de/10013103492
Americans average 25.1 working hours per person in working age per week, but the Germans average 18.6 hours. The average American works 46.2 weeks per year, while the French average 40 weeks per year. Why do western Europeans work so much less than Americans? Recent work argues that these...
Persistent link: https://www.econbiz.de/10013231444