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Autoren: 
Corneo, Giacomo
Datum: 
2001
Reihe/Nr.: 
IZA Discussion Papers 376
Zusammenfassung: 
Evidence from a sample of countries show that people roughly spend as much time watching television as earning their living. Moreover, television viewing and work hours are positively correlated across countries. A simple model based on complementarities in the organization of free time is developed that explains such a pattern as resulting from multiple equilibria. In this model the equilibria can be inversely Pareto-ranked by their amount of television viewing. Arguments are offered to explain why in some countries a Pareto-inferior equilibrium might have come into being.
Schlagwörter: 
Television viewing
work hours
relational goods
JEL: 
J2
H0
D1
Dokumentart: 
Working Paper

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