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The timing of work in a general equilibrium model with shiftwork

Author

Listed:
  • Antonio García Sánchez

    (Universidad Politécnica de Cartagena)

  • María del Mar Vázquez Méndez

    (Universidad Politécnica de Cartagena)

Abstract

This paper presents a model in which the work schedule results from the equilibrium between the firm’s decision and workers’ preferences. A technology which organises the inputs in shifts has been considered for this objective, and the workers’ preferences are defined over the different feasible work-days. In this context, the treatment given to the concepts of shiftwork and workday are key innovations. The existence or not of capital constraints, the "fatigue" effect, and the preferences regarding leisure determine the amount of inputs utilized as well as the timing of work.

Suggested Citation

  • Antonio García Sánchez & María del Mar Vázquez Méndez, 2005. "The timing of work in a general equilibrium model with shiftwork," Investigaciones Economicas, Fundación SEPI, vol. 29(1), pages 149-179, January.
  • Handle: RePEc:iec:inveco:v:29:y:2005:i:1:p:149-179
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    References listed on IDEAS

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    1. Hansen, Gary D., 1985. "Indivisible labor and the business cycle," Journal of Monetary Economics, Elsevier, vol. 16(3), pages 309-327, November.
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    Cited by:

    1. Dragone, Davide, 2009. "I am getting tired: Effort and fatigue in intertemporal decision-making," Journal of Economic Psychology, Elsevier, vol. 30(4), pages 552-562, August.

    More about this item

    Keywords

    Capital utilization; general equilibrium; shiftwork; work schedule;

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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