Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/145093 
Year of Publication: 
2016
Citation: 
[Journal:] Theoretical and Practical Research in Economic Fields [ISSN:] 2068-7710 [Volume:] VII [Issue:] 1(13) [Publisher:] Association for Sustainable Education, Research and Science (ASERS) [Place:] Craiova [Year:] 2016 [Pages:] 1-5
Publisher: 
Association for Sustainable Education, Research and Science (ASERS), Craiova
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
Document Version: 
Manuscript Version (Preprint)
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