Elgin, Ceyhun; Yucel, Emekcan - In: Economics: The Open-Access, Open-Assessment E-Journal 8 (2014) 2014-9, pp. 1-26
In this paper, the authors investigate the determinants of weight for leisure in preferences. First, using a dynamic general equilibrium model, they back out the weight for leisure for an unbalanced panel of 52 countries over the period from 1950 to 2009. Then, the authors perform several panel...