Prescott, Edward C.; Rogerson, Richard; Wallenius, Johanna - In: Review of Economic Dynamics 12 (2009) 1, pp. 23-36
This paper studies lifetime aggregate labor supply with endogenous workweek length. Such a theory is needed to evaluate various government policies. A key feature of our model is a nonlinear mapping from hours worked to labor services. This gives rise to an endogenous workweek that can differ...