Beware of workaholics: household preferences and individual equilibrium utility
This paper analyzes the effects of sociological changes in the form of a shift of influence within two-member households participating in labor and product markets. The most striking effects occur when household members differ in individual preferences and enjoy positive leisure-dependent externalit...
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| Other Authors: | , |
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| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Bonn
IZA
Febr. 2005
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| Series: | Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit
1502 |
| In: |
Discussion paper series (1502)
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| Subjects: | |
| Online Access: | Verlag, Volltext: http://www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=1502 Download aus dem Internet, Stand 14.03.2005, Volltext: http://opus.zbw-kiel.de/volltexte/2005/3261/pdf/dp1502.pdf Verlag, Volltext: ftp://ftp.iza.org/dps/dp1502.pdf 
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| Author Notes: | Hans Gersbach, Hans Haller |
| Summary: | This paper analyzes the effects of sociological changes in the form of a shift of influence within two-member households participating in labor and product markets. The most striking effects occur when household members differ in individual preferences and enjoy positive leisure-dependent externalities. For instance, a global sociological change where the workaholic" member becomes more influential in each working class household can render the working class worse off. A binding restriction on the number of hours an individual is allowed to work can benefit all workers. |
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| Physical Description: | Online Resource |
| Format: | Systemvoraussetzungen: Acrobat reader. |