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implications for how aggregate labor supply responds to changes in taxes. In the first model, curvature in the utility from leisure … extent of curvature in the utility from leisure function …
Persistent link: https://www.econbiz.de/10013134860
activity during leisure-time and also during in many other activities such as walking to work, home maintenance, shopping and … health. Many prior studies have relied primarily on leisure-time physical activity, which typically constitutes only about 10 …
Persistent link: https://www.econbiz.de/10013120299
Prior to July 2009, salaries of the members of the European Parliament were paid by their home country and there were substantial salary differences between parliamentarians representing different EU countries. Starting in July 2009, the salary of each member of the Parliament is pegged to 38.5%...
Persistent link: https://www.econbiz.de/10013121058
This paper exploits the richness and large sample size of the Gallup/Healthways US daily poll to illustrate significant differences in the dynamics of two key measures of subjective well-being: emotions and life evaluations. We find that there is no day-of-week effect for life evaluations,...
Persistent link: https://www.econbiz.de/10013122657
Recent research has documented that income inequality in the United States has increased dramatically over the prior three decades. There has been less of a consensus, however, on whether the increase in income inequality was matched by an equally large increase in consumption inequality. Most...
Persistent link: https://www.econbiz.de/10013107973
This paper investigates whether demand-side market pressure explains colleges' decisions to provide consumption amenities to their students. We estimate a discrete choice model of college demand using micro data from the high school classes of 1992 and 2004, matched to extensive information on...
Persistent link: https://www.econbiz.de/10013087875
In this paper we analyze income tax design in a two member household labor supply model where time spent on consumption together by the two household members is valued differently from time spent apart. We treat consumption as a non excludable public good to members of the household; one example...
Persistent link: https://www.econbiz.de/10012773314
Work requirements in means-tested transfer programs have grown in importance in the U.S. and in some other countries. The theoretical literature which considers their possible optimality generally operates within a traditional welfarist framework where some function of the utility of the poor is...
Persistent link: https://www.econbiz.de/10012779749
unemployment (moving to a new labor market or waiting for labor market conditions to improve) and inactivity (enjoying leisure …
Persistent link: https://www.econbiz.de/10012759557
Most economic models for time allocation ignore constraints on what people can actually do with their time. Economists recently have emphasized the importance of considering prior consumption commitments that constrain behavior. This research develops a new model for time valuation that uses...
Persistent link: https://www.econbiz.de/10012759700