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work declined discretely. The economy-wide drops in market work were reallocated solely to leisure and personal maintenance …
Persistent link: https://www.econbiz.de/10010282259
This paper advances a structural inter-temporal model of labour supply that is able to simulate the dynamics of labour supply in a continuous setting and to circumvent two main drawbacks of most of the existing models. The first limitation is the inability to incorporate individual heterogeneity...
Persistent link: https://www.econbiz.de/10010286858
externalities in leisure. In this study, we investigate how retirement affects the hours of leisure together of individuals in a … effect of retirement on hours of leisure separate and together of individuals in a couple. We find that the retirement … retirement of the husband significantly increases own hours of leisure of the husband but it does not increase joint leisure …
Persistent link: https://www.econbiz.de/10010284027
posit that leisure time will be more sensitive to power considerations than housework time which may be more influenced by … supportive of these hypotheses, with leisure time on non-work days in the US being particularly responsive to economic power. In … enjoy more leisure time than would be suggested by their economic power alone. …
Persistent link: https://www.econbiz.de/10010276860
We examine monthly variation in weekly work hours using data for 2003-10 from the Current Population Survey (CPS) on hours/worker, from the Current Employment Survey (CES) on hours/job, and from the American Time Use Survey (ATUS) on both. The ATUS data minimize recall difficulties and constrain...
Persistent link: https://www.econbiz.de/10010291460
utility derived from leisure time often benefits from the presence of companionable others inside and outside the household … propensities to engage in associative activity depend on the availability of Suitable Leisure Companions outside the household. Our …
Persistent link: https://www.econbiz.de/10010261578
This paper considers a three-overlapping-generations model of endogenous growth wherein human capital is the engine of growth. It first contrasts the laissez-faire and the optimal solutions. Three possible accumulation regimes are distinguished. Then it discusses a standard set of tax-transfer...
Persistent link: https://www.econbiz.de/10010267402
Labor market opportunities and wages may be unfair for various reasons, and how workers respond to different types of unfairness can have major economic consequences. Using an online labor platform, where workers engage in an individual task for a piece-rate wage, we investigate the causal...
Persistent link: https://www.econbiz.de/10012180105
Research has shown that procrastination has signicant adverse effects on individuals, including lower savings and poorer health. Procrastination is typically modeled as resulting from present bias. In this paper we study an alternative: excessively optimistic beliefs about future demands on an...
Persistent link: https://www.econbiz.de/10012207741
We present experimental evidence that enabling access to universal early child care for families with lower socioeconomic status (SES) increases maternal labor supply. Our intervention provides families with customized help for child care applications, resulting in a large increase in enrollment...
Persistent link: https://www.econbiz.de/10014296558