A structural model of the fixed time costs of market work

We link ATUS 2003-04 to March CPS data and examine market work's effects on non-market activity. In a structural model fixed time costs of work generate a utility-equivalent of 8% of income to be overcome before working becomes optimizing.

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Year of publication:	2009
Authors:	Donald, Stephen G. ; Hamermesh, Daniel S.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 104.2009, 3, p. 125-128
Publisher:	Elsevier
Subject:	Time use Structural estimation

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005066284