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From 1980 until 2007, U.S. average hours worked increased by thirteen percent, due to a large increase in female hours. At the same time, the U.S. labor wedge, measured as the discrepancy between a representative household's marginal rate of substitution between consumption and leisure and the...
Persistent link: https://www.econbiz.de/10009613921
overcome this challenge. The results imply that labor market frictions are important in jointly accounting for observed cross …
Persistent link: https://www.econbiz.de/10011756849
We investigate whether working time is related to the intensity of income comparisons and relative income. Our simple theoretical model demonstrates that the effects of relative income concerns depend on whether an individual can choose contractual working hours and/or overtime. In the empirical...
Persistent link: https://www.econbiz.de/10010337852
This paper sets out to provide an understanding of how individuals form their preferences over the extent of their paid work involvement - their working time preferences - in different work environments and societal contexts. The main objective of the empirical analysis is to investigate how...
Persistent link: https://www.econbiz.de/10011632752
Most empirical studies on the impact of labour income taxation on the labour supply behaviour of households use a unitary modelling approach. In this paper we empirically analyze income taxation and the choice of working hours by combining the collective approach for household behaviour and the...
Persistent link: https://www.econbiz.de/10003934279
individuals to their relevant institutional framework. Minimum wage legislation and active labour market policies come out …
Persistent link: https://www.econbiz.de/10010360090
We investigate whether workers adjust hours worked in response to windfall gains using data from the European Household Panel. The results suggest that a rise in unearned income has a negative (although small) effect on working hours. In particular, after receiving a windfall gain, individuals...
Persistent link: https://www.econbiz.de/10010251080
effect can be mitigated through purchases in the market and through the home production of other household members. When …
Persistent link: https://www.econbiz.de/10010509104
provisions and labor market specificities – all of them crucially affecting the socioeconomic situation of individuals. The …
Persistent link: https://www.econbiz.de/10013120132
We analyze how well-being is related to working time preferences and hours mismatch. Self-reported measures of life satisfaction are used as an empirical approximation of true wellbeing. Our results indicate that well-being is generally lower among workers with working time mismatch....
Persistent link: https://www.econbiz.de/10013099785