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This paper examines the impact of vaccination programs on the stock market volatility of the travel and leisure sector … decrease in the investment risk of travel and leisure companies. Vaccination results in a decrease in the volatility of stock … prices of travel and leisure companies. The drop in volatility is robust to many alternative estimation techniques, different …
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This paper explores the extent to which workers are willing to trade hours worked for leisure time shared with their … spouse. This parameter is essential to properly assess contemporary trends in the regulation of work and leisure time. We use … but we show that a large fraction of them substitute a day of unpaid leisure for a day of paid work whenever their spouse …
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