Corneo, Giacomo - C.E.P.R. Discussion Papers - 2002
Nowadays, people in OECD countries spend about as much time watching television as earning a living. In this Paper I … report a puzzling fact about those time uses: television viewing and work hours are positively correlated across countries. A … resulting from multiple equilibria. All equilibria can be inversely Pareto-ranked by their amount of television viewing …