Work effort effects in the classical labor supply model
This paper considers an extension of the classical static labor-leisure choice model to allow for an on-the-job leisure choice. The key result is that an income-compensated wage increase, while theoretically increasing hours worked, will likely increase on-the-job leisure.
|Date of creation:||2006|
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Web page: http://www.business.appstate.edu/departments/economics/
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- Daniel S. Hamermesh, 1990.
"Shirking or Productive Schmoozing: Wages and the Allocation of Time at Work,"
NBER Working Papers
2800, National Bureau of Economic Research, Inc.
- Daniel S. Hamermesh, 1990. "Shirking or productive schmoozing: Wages and the allocation of time at work," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 43(3), pages 121-133, February.
- Dickinson, David L, 1999. "An Experimental Examination of Labor Supply and Work Intensities," Journal of Labor Economics, University of Chicago Press, vol. 17(4), pages 638-70, October.
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