Artikel
Straight-time and Overtime: A Sequential-Lottery Approach
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.
- Sprache
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Englisch
- Erschienen in
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Journal: Theoretical and Practical Research in Economic Fields ; ISSN: 2068-7710 ; Volume: VII ; Year: 2016 ; Issue: 1(13) ; Pages: 1-5 ; Craiova: Association for Sustainable Education, Research and Science (ASERS)
- Klassifikation
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Wirtschaft
- Thema
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Indivisible labor
Straight time
Overtime
Sequential Lotteries
- Ereignis
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Geistige Schöpfung
- (wer)
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Vasilev, Aleksandar
- Ereignis
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Veröffentlichung
- (wer)
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Association for Sustainable Education, Research and Science (ASERS)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (wo)
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Craiova
- (wann)
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2016
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Vasilev, Aleksandar
- Association for Sustainable Education, Research and Science (ASERS)
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Entstanden
- 2016
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