Arbeitspapier
Job Characteristics and Labour Supply
We document the importance of non-pecuniary aspects in employment relationships by showing that labour supply elasticities differ significantly among individuals' job characteristics. Factor analysis indicates the relevance of four characteristics: autonomy, workload, variety and job security. Using a discrete choice model of family labour supply on the basis of Australian data, we show that income elasticities are significantly higher among individuals with 'good' characteristics (e.g. a securer job) whereas wage elasticities are significantly lower. This result holds for both men and women. Our main hypothesis are derived within the 'new approach to consumer theory proposed by Lancaster.
- ISBN
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978-3-86788-473-0
- Sprache
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Englisch
- Erschienen in
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Series: Ruhr Economic Papers ; No. 418
- Klassifikation
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Wirtschaft
Time Allocation and Labor Supply
Safety; Job Satisfaction; Related Public Policy
Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
- Thema
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Labour supply
Discrete choice model
Job characteristics
- Ereignis
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Geistige Schöpfung
- (wer)
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Kunze, Lars
Suppa, Nicolai
- Ereignis
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Veröffentlichung
- (wer)
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Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
- (wo)
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Essen
- (wann)
-
2013
- DOI
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doi:10.4419/86788473
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kunze, Lars
- Suppa, Nicolai
- Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
Entstanden
- 2013