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This paper analyzes the effects of sociological changes in the form of a shift of influence within two-member households participating in labor and product markets. The most striking effects occur when household members differ in individual preferences and enjoy positive leisure-dependent...
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Standard models imply that the wage-elasticity of labor supply is more negative the longer a wage change lasts. I observe decreasing daily hours during short-term wage increases, but not during a long-term one: daily income goals adjusted in the long-term.
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