Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/191233 
Authors: 
Year of Publication: 
2018
Series/Report no.: 
IAAEU Discussion Paper Series in Economics No. 12/2018
Publisher: 
University of Trier, Institute for Labour Law and Industrial Relations in the European Union (IAAEU), Trier
Abstract: 
We analyse labour supply and absence from work choices, assuming that individual preferences exhibit relative consumption concerns. We show that contractual hours and the length of absence periods may vary equally with the strength of positional considerations. In this case, positional concerns do not affect their difference, i.e. overall or effective working time. Moreover, the nature and intensity of relative consumption effects influence the impact of sick pay and of true illness periods on contractual work hours and absence behaviour. Consequently, the profitability of employing individuals also varies with the strength of their positional concerns.
Subjects: 
Absence
Labour Supply
Positional Concerns
Relative Consumption
Sick Pay
JEL: 
D62
H53
I18
J22
J32
Document Type: 
Working Paper

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