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implications for how aggregate labor supply responds to changes in taxes. In the first model, curvature in the utility from leisure … extent of curvature in the utility from leisure function …
Persistent link: https://www.econbiz.de/10013134860
, (ii) the increase in leisure time, and (iii) the increase in recreational services. To display the last pattern, we … model, where leisure time and the consumption of recreational services are complements. We show that this complementarity …
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implications for how aggregate labor supply responds to changes in taxes. In the first model, curvature in the utility from leisure … extent of curvature in the utility from leisure function …
Persistent link: https://www.econbiz.de/10012462022
Most economists measure labor productivity based on activities conducted at places of work and do not consider leisure … time in their calculations. In contrast, psychologists and sociologists argue that leisure has a positive role in the … production process: leisure can improve individuals’ labor productivity by affecting their self-development. Using empirical data …
Persistent link: https://www.econbiz.de/10012028864
Most economists measure labor productivity based on activities conducted at places of work and do not consider leisure … time in their calculations. In contrast, psychologists and sociologists argue that leisure has a positive role in the … production process: leisure can improve individuals’ labor productivity by affecting their self-development. Using empirical data …
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document three main results. First, time allocated to leisure increased and to work decreased among more remote jobs with no … in leisure was not driven by a quiet quitting' phenomenon …
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