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Time Use and Productivity: The Wage Returns to Sleep

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We investigate the productivity effects of the single largest use of time - sleep. Using time use diaries from the United States, we demonstrate that later sunset time reduces worker sleep and wages. Sunset time one hour later decreases short-run wages by 0.5% and long-run wages by 4.5%. After investigating this relationship and ruling out alternative hypotheses, we implement an instrumental variables specification that provides the first causal estimates of the impact of sleep on wages. A one-hour increase in average weekly sleep increases wages by 1.5% in the short run and by 4.9% in the long run.

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File URL: http://web.williams.edu/Economics/wp/GibsonShrader_Sleep.pdf
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Paper provided by Department of Economics, Williams College in its series Department of Economics Working Papers with number 2015-17.

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Length: 74 pages
Date of creation: Aug 2015
Handle: RePEc:wil:wileco:2015-17
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Williamstown, MA 01267

Phone: 413 597 2476
Fax: 413 597 4045
Web page: http://econ.williams.edu
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  8. Sandra E. Black & Lisa M. Lynch, 2001. "How To Compete: The Impact Of Workplace Practices And Information Technology On Productivity," The Review of Economics and Statistics, MIT Press, vol. 83(3), pages 434-445, August.
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