Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/145093
Authors: 
Vasilev, Aleksandar
Year of Publication: 
2016
Citation: 
[Journal:] Theoretical and Practical Research in Economic Fields [ISSN:] 2068-7710 [Volume:] VII [Issue:] 1(13) [Pages:] 1-5
Abstract: 
This note explores the problem of aggregation with non-convex labor supply decisions in an economy with both straight time and overtime. In contrast to Hansen and Sargent (1988), the paper models this as a sequential decision. Instead of changing from one to infinity, with a sequential non-convexity, the aggregate elasticity of labor supply for overtime work is a function of overall participation rate, and the aggregate elasticity of labor supply for full-time work depends on the share of workers doing overtime.
Subjects: 
Indivisible labor
Straight time
Overtime
Sequential Lotteries
JEL: 
E1
J2
J4
Document Type: 
Article

Files in This Item:
File
Size
208.75 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.