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Sleep, Worker's Health, and Social Welfare

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  • Yoshida, Ken

Abstract

The aims of this paper are to construct a theoretical model treating sleep as investment in health capital and to analyze how sleep affects a worker's health capital and social welfare. By regarding sleep as investment in health capital and including sleep in time constraint, it was revealed how workers decide hours slept. Of particular importance is the result that a worker stores their health capital by taking more sleep than the optimal value at a young age, and this leads to increased output. Moreover, we identified a complementary relation between consumption and labor supply. These results showed that policies to reduce hours worked could improve worker's health capital and social welfare.

Suggested Citation

  • Yoshida, Ken, 2021. "Sleep, Worker's Health, and Social Welfare," MPRA Paper 106573, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:106573
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    sleep; worker's health; social welfare; health investment; sleep--consumption model.;
    All these keywords.

    JEL classification:

    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I19 - Health, Education, and Welfare - - Health - - - Other
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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