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Hirschman's Exit, Voice, and Loyalty highlights the role of “voice” when individuals confront an unexpected deterioration in quality. Yet, voice has received little attention. To motivate our empirical analysis, we develop a simple model of voice as the equilibrium of a relational contract...
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We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German panel data. We compare non-employed individuals after plant closures with employed people regarding both income and time use as well as their subjective perceptions of these two...
Persistent link: https://www.econbiz.de/10011688216
How and why commuting contributes to our well-being is of considerable importance for transportation policy and planning. This paper analyses the relation between commuting and subjective well-being by considering several cognitive (e.g., satisfaction with family life, leisure, income, work,...
Persistent link: https://www.econbiz.de/10011695194