Despite limited empirical support, vacations are marketed as beneficial for romantic partners. Using the self-expansion model as a foundation, we tested how self-expanding (e.g., novel, interesting, challenging) vacation experiences are associated with passion, physical intimacy, and...

Am 22. Juni beginnen in Nordrhein-Westfalen die Sommerferien. Wie jedes Jahr werden dann Viele mit dem Pkw in den Urlaub fahren und aus diesem Grund werden die Preise für Benzin und Diesel regelmäßig ein heißes Sommerthema. Die gute Nachricht ist, dass Diesel deutschlandweit Mitte Juni 2023...

We provide the first systematic account of summer declines in women’s labor market activity. From May to July, the employment-to-population ratio among prime-age US women declines by 1.1 percentage points, whereas male employment rises; women’s total hours worked fall by 11 percent, twice...

We provide the first systematic account of summer declines in women’s labor market activity. From May to July, the employment-to-population ratio among prime-age US women declines by 1.1 percentage points, whereas male employment rises; women’s total hours worked fall by 11 percent, twice...

We provide the first systematic account of summer declines in women's labor market activity. From May to July, the employment-to-population ratio among prime-age US women declines by 1.1 percentage points, whereas male employment rises; women's total hours worked fall by 11 percent, twice the...

Existing research has documented cross-sectional seasonality of stock returns—the periodic outperformance of certain stocks during the same calendar months or weekdays. A model in which assets differ in their sensitivities to investor mood explains these effects and implies other seasonal...

This paper analyzes the effects of a legislative provision that grants a one-day paid leave of absence to blood donors who are employees in Italy. The analysis is based on a unique dataset with the complete donation histories of the blood donors in an Italian town. The cross-sectional variation...

Using the Panel Study of Income Dynamics and the Health and Retirement Study, we provide a set of facts about vacation leave and its relationship to hours worked, hours constraints, wage rates, worker characteristics, spouse's vacation leave, labor market experience, job tenure, occupation,...

Because successful human capital interventions often fail to scale or replicate, public investment decisions require understanding how program size, context, and implementation shape program effects. This paper uses two new randomized controlled trials of summer youth employment programs in...

Recently, a number of authors have argued that the standard search model cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation and cyclicality of wages to identify...

We provide the first systematic account of summer declines in women's labor market activity. From May to July, the employment-to-population ratio among prime-age US women declines by 1.1 percentage points, whereas male employment rises; women's total hours worked fall by 9.8 percent, more than...

Existing research has documented cross-sectional seasonality of stock returns—the periodic outperformance of certain stocks during the same calendar months or weekdays. We hypothesize that assets' different sensitivities to investor mood explain these effects and imply other seasonalities....

This study estimates the causal effect of paid vacation on health. Using register data on the universe of central government employees in Sweden, I exploit an age-based rule stipulated in the collective agreement covering these employees. I achieve identification by combining a regression...

The literature on the union wage premium is among the most extensive in labour economics but unions' effects on other aspects of the wage-effort bargain have received much less attention. We contribute to the literature through a study of the union premium in paid holiday entitlements, using...

Existing research has documented cross-sectional seasonality of stock returns--the periodic outperformance of certain stocks relative to others during the same calendar month, weekday, or pre-holiday periods. A model in which stocks differ in their sensitivities to investor mood explains these...

The relationship between slack resources and innovation is complex, with the literature linking slack to both breakthrough innovations and resource misallocation. We reconcile these conflicting views by focusing on a novel mechanism: the role slack time plays in the endogenous allocation of time...

We investigate the relationship between co-determination at the plant level and paid vacation in Germany. From a legal perspective, works councils have no impact on vacation entitlements, but they can affect their use. Employing data from the German Socio-Economic Panel (SOEP), we find that male...

1. Theoretical background of respite -- 2. Characteristics of the break -- 3. Personal characterisitcs -- 4. Policies and norms: organizational and environmental conditions -- 5. Outcomes -- 6. Discussion and conclusions.

In Germany, dependent employees take almost 30 days of paid vacation annually. We enquire whether an individual's trade union membership affects the duration of vacation. Using data from the German Socio-Economic Panel (SOEP) for the period 1985 to 2010 and employing pooled OLS-estimators, we...

We study the paper of Gao and Liu (2013). In the paper, the authors pay little attention to the customer's sojourn time in their model although both the queue length and the busy cycle are seriously analyzed. The objective of this note is to derive the sojourn time distribution of Gao and Liu's...

The extant literature linking slack time to innovation focuses on how slack time facilitates creative activities such as ideation, experimentation, and prototype development. We turn attention to how slack time may enable activities that are less creative but still important for innovation,...

The extant literature linking slack time to innovation focuses on how slack time facilitates creative activities such as ideation, experimentation, and prototype development. We turn attention to how slack time may enable activities that are less creative but still important for innovation,...

Seit dem Schultz-Hoff-Urteil aus dem Jahr 2009 ist das deutsche Urlaubsrecht im Umbruch. Einen besonders kräftigen Innovationsschub geben die Urteile in den Rechtssachen Bauer, Kreuziger, Shimizu und Hein vom November/Dezember 2018. Zahlreiche Fragen stellen sich neu, zum Beispiel: Was muss der...

This paper approaches the presence of the Gone Fishin' effects on returns from 32 advanced and emerging markets during two periods of time: a relative quiet one and a turbulent one. For the first period we found that calendar anomaly was more pregnant on the advanced markets than on the emerging...

This paper provides new evidence on the determinants of vacation leave and its relationship to hours worked and hourly wages by examining the case of Canada. Previous studies from the US, using individual level data, have revealed that annual work hours fall by around 53 hours for each...

Leisure externalities across households have potentially very important implications for labor market regulations, but they have proven difficult to identify. This paper exploits the unique features of school holidays and regulations about paid leave in France to identify how changes in the...