Benjamin, J.; Chinloy, P.; Jud, G.; Winkler, D. - In: The Journal of Real Estate Finance and Economics 35 (2007) 1, pp. 95-110
The decision to work and its levels of intensity are estimated for the real estate brokerage industry where workers can set their own hours. A three-stage model of the brokerage labor market is presented with decisions made recursively between full- and part-time status, wage offers and hours...