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We use micro data from the European Social Survey to investigate the impact of "culture of leisure" and taxes on labor …. We construct measures of "taste for leisure" in the country of origin of each immigrant father. We employ average and … leisure impact participation and hours worked. For men, taxes influence labor supply both at the intensive and the extensive …
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consumption and leisure, futhermore, the life-time utility is a CES-function of the instantaneous utility. We assume that at every …
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This paper points out that consumption preference and pure subjective preference are not the same concept. The price system of commodity gives the social utility value of commodity and consumers only have two options for this utility value: accept or not accept. Consumption behavior is the...
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