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|
|Date of revision:|
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- 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.
- Daniel S. Hamermesh, 1988. "Shirking or Productive Schmoozing: Wages and the Allocation of Time at Work," NBER Working Papers 2800, National Bureau of Economic Research, Inc.
- repec:sae:ilrrev:v:43:y:1990:i:3:p:121-133 is not listed on IDEAS
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