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http://hdl.handle.net/10419/20801
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| Title: | | Beware of Workaholics : Household Preferences and Individual Equilibrium Utility  |
| Authors: | | Gersbach, Hans Haller, Hans |
| Issue Date: | | 2005 |
| Series/Report no.: | | IZA Discussion paper series 1502 |
| Abstract: | | This paper analyzes the effects of sociological changes in the form of a shift of influence within two-member households participating in labor and product markets. The most striking effects occur when household members differ in individual preferences and enjoy positive leisure-dependent externalities. For instance, a global sociological change where the ?workaholic" member becomes more influential in each working class household can render the working class worse off. A binding restriction on the number of hours an individual is allowed to work can benefit all workers. |
| Subjects: | | household behavior general equilibrium externalities labor supply |
| JEL: | | D50 J22 D10 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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