Multiple job holding: the artist’s labor supply approach
This paper analyzes a labor supply model in which individuals maximize a utility function that depends on leisure time, consumption and time devoted to an activity that is termed “artistic”. This activity may generate income that depends non linearly on hours dedicated to it. The individual can also work in the labor market (an activity that does not increase utility by itself) in exchange for an hourly wage, and obtain income not related to hours. Conditions are obtained that sort individuals in two groups, part time and full time artists, deriving their labor supply functions in both activities. The predictions of the model are tested empirically using a sample of musicians from a Uruguayan performing rights society.
|Date of creation:||Nov 2006|
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- Shishko, Robert & Rostker, Bernard, 1976. "The Economics of Multiple Job Holding," American Economic Review, American Economic Association, vol. 66(3), pages 298-308, June.
- Singer, Leslie P, 1981. "Supply Decisions of Professional Artists," American Economic Review, American Economic Association, vol. 71(2), pages 341-346, May.
- Reuben Gronau, 1976.
"Leisure, Home Production and Work--The Theory of The Allocation of Time Revisited,"
NBER Working Papers
0137, National Bureau of Economic Research, Inc.
- Gronau, Reuben, 1977. "Leisure, Home Production, and Work-The Theory of the Allocation of Time Revisited," Journal of Political Economy, University of Chicago Press, vol. 85(6), pages 1099-1123, December.
- Blaug, Mark, 2001. " Where Are We Now on Cultural Economics?," Journal of Economic Surveys, Wiley Blackwell, vol. 15(2), pages 123-143, April.
- Franco Papandrea & Robert Albon, 2004. "A Model of Employment in the Arts," Australian Economic Papers, Wiley Blackwell, vol. 43(3), pages 277-287, 09.
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