Artikel
Aggregation with a mix of indivisible and continuous labor supply decisions: the case of home production
This note explores the problem of non-convex labor supply decision in an economy with both discrete and continuous labor decisions. In contrast to the setup in Mc-Grattan, Rogerson and Wright (1997), here each household faces an indivisible labor supply choice in the market sector, while it can choose to work any number of hours in the non-market sector. We show how lotteries as in Rogerson (1988) can again be used to convexify consumption sets, and aggregation over individual preferences. With a mix of discrete and continuous labor supply decisions, disutility of non-market work becomes separable from market work, and the elasticity of the latter increases from unity to infinity.
- Sprache
-
Englisch
- Erschienen in
-
Journal: International Journal of Social Economics ; ISSN: 0306-8293 ; Volume: 43 ; Year: 2016 ; Issue: 12 ; Pages: 1507-1512 ; Bingley: Emerald
- Klassifikation
-
Wirtschaft
Time Allocation and Labor Supply
- Thema
-
Indivisible labor
home production
non-convexities
lotteries
discrete-continuous mix
aggregation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Vasilev, Aleksandar
- Ereignis
-
Veröffentlichung
- (wer)
-
Emerald
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (wo)
-
Bingley
- (wann)
-
2016
- DOI
-
doi:10.1108/IJSE-04-2015-0098
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Vasilev, Aleksandar
- Emerald
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Entstanden
- 2016
Ähnliche Objekte (12)
Aggregation with a mix of indivisible and continuous labor supply decisions: the case of home production
Optimal fiscal policy in a model with reciprocity in labor relations: the case of Bulgaria
An RBC model with non-Ricardian households: Lessons for Bulgaria (1999-2018)
Optimal fiscal policy in a model with efficiency wages: the case of Bulgaria
A business-cycle-model with monopolistically-competitive firms and Calvo wages: Lessons for Bulgaria (1999-2018)
Aggregation with sequential indivisible and continuous labor supply decisions and an informal sector
Aggregation with a double non-convex labor supply decision: indivisible private- and public-sector hours
Insurance-Markets Equilibrium with Double Indivisible Labor Supply
Insurance-markets equilibrium with double indivisible labor supply
Aggregation with sequential indivisible and continuous labor supply decisions and an informal sector
Aggregation with a double non-convex labor supply decision: indivisible private- and public-sector hours
Aggregation with two-member households and home production
Aggregation with a mix of indivisible and continuous labor supply decisions: the case of home production
Optimal fiscal policy in a model with reciprocity in labor relations: the case of Bulgaria
An RBC model with non-Ricardian households: Lessons for Bulgaria (1999-2018)
Optimal fiscal policy in a model with efficiency wages: the case of Bulgaria
A business-cycle-model with monopolistically-competitive firms and Calvo wages: Lessons for Bulgaria (1999-2018)
Aggregation with sequential indivisible and continuous labor supply decisions and an informal sector
Aggregation with a double non-convex labor supply decision: indivisible private- and public-sector hours
Insurance-Markets Equilibrium with Double Indivisible Labor Supply
Insurance-markets equilibrium with double indivisible labor supply
Aggregation with sequential indivisible and continuous labor supply decisions and an informal sector
Aggregation with a double non-convex labor supply decision: indivisible private- and public-sector hours
Aggregation with two-member households and home production
Aggregation with a mix of indivisible and continuous labor supply decisions: the case of home production
Optimal fiscal policy in a model with reciprocity in labor relations: the case of Bulgaria
An RBC model with non-Ricardian households: Lessons for Bulgaria (1999-2018)
Optimal fiscal policy in a model with efficiency wages: the case of Bulgaria
A business-cycle-model with monopolistically-competitive firms and Calvo wages: Lessons for Bulgaria (1999-2018)
Aggregation with sequential indivisible and continuous labor supply decisions and an informal sector
Aggregation with a double non-convex labor supply decision: indivisible private- and public-sector hours
Insurance-Markets Equilibrium with Double Indivisible Labor Supply
Insurance-markets equilibrium with double indivisible labor supply
Aggregation with sequential indivisible and continuous labor supply decisions and an informal sector
Aggregation with a double non-convex labor supply decision: indivisible private- and public-sector hours