Multiple job holding: the artist’s labor supply approach
AbstractThis paper analyzes a labor supply model in which individuals maximize a utility function that depends on leisure time, consumption and time devoted to an activity that is termed “artistic”. This activity may generate income that depends non linearly on hours dedicated to it. The individual can also work in the labor market (an activity that does not increase utility by itself) in exchange for an hourly wage, and obtain income not related to hours. Conditions are obtained that sort individuals in two groups, part time and full time artists, deriving their labor supply functions in both activities. The predictions of the model are tested empirically using a sample of musicians from a Uruguayan performing rights society.
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Bibliographic InfoPaper provided by Department of Economics - dECON in its series Documentos de Trabajo (working papers) with number 1906.
Length: 34 pages
Date of creation: Nov 2006
Date of revision:
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More information through EDIRC
Labor supply; time allocation; artist’s labor supply; cultural economics;
Other versions of this item:
- Carlos Casacuberta & Néstor Gandelman, 2012. "Multiple job holding: the artist's labour supply approach," Applied Economics, Taylor & Francis Journals, vol. 44(3), pages 323-337, January.
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
- Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-02-24 (All new papers)
- NEP-CUL-2007-02-24 (Cultural Economics)
- NEP-UPT-2007-02-24 (Utility Models & Prospect Theory)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Popović, Milenko & Ratković, Kruna, 2013. "Oversupply of Labor and Other Peculiarities of Arts Labor Market," EconStor Preprints 83025, ZBW - German National Library of Economics.
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