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This paper seeks to understand the intriguing but only sparsely explored phenomenon of "leisure time invention", where the main underlying idea for the new product or process occurs when the inventor is away from the workplace. We add to previous research by focussing on the inventive creativity...
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If partners derive utility from joint leisure time, it is expected that they will coordinate their work schedules in order to increase the amount of joint leisure. In order to control for differences in constraints and selection effects, this paper uses a new matching procedure, providing...
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We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions such as those around retirement should not affect consumption. However, we first recall that given higher leisure endowments after retirement, the theory does predict a fall of...
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