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
978-3-86788-473-0
Sprache
Englisch

Erschienen in
Series: Ruhr Economic Papers ; No. 418

Klassifikation
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
Labour supply
Discrete choice model
Job characteristics

Ereignis
Geistige Schöpfung
(wer)
Kunze, Lars
Suppa, Nicolai
Ereignis
Veröffentlichung
(wer)
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
(wo)
Essen
(wann)
2013

DOI
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

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