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The Value of Leisure Synchronization

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  • Simon Georges-Kot
  • Dominique Goux
  • Eric Maurin

Abstract

This paper explores the extent to which workers are willing to trade hours worked for leisure time shared with their spouse. We use the fact that the number and timing of paid vacation days to which French employees are entitled vary in a quasi-random way from year to year along with the dates of public holidays. Self-employed workers do not benefit from public holidays, but we show that a large fraction of them substitute a day of unpaid leisure for a day of paid work whenever their spouse gets an extra day of paid leave.

Suggested Citation

  • Simon Georges-Kot & Dominique Goux & Eric Maurin, 2024. "The Value of Leisure Synchronization," American Economic Journal: Applied Economics, American Economic Association, vol. 16(1), pages 351-376, January.
    • Handle: RePEc:aea:aejapp:v:16:y:2024:i:1:p:351-76
    DOI: 10.1257/app.20220184
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    References listed on IDEAS

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    1. Joseph G. Altonji & Christina H. Paxson, 1992. "Labor Supply, Hours Constraints, and Job Mobility," Journal of Human Resources, University of Wisconsin Press, vol. 27(2), pages 256-278.
    2. Bingley, Paul & Lanot, Gauthier, 2007. "Public pension programmes and the retirement of married couples in Denmark," Journal of Public Economics, Elsevier, vol. 91(10), pages 1878-1901, November.
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    More about this item

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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