) and constructs three classes of indicators that capture the quality of leisure ('pure leisure', 'co-present leisure' and … 'leisure fragmentation') to show that the relative growth in leisure time enjoyed by less-educated individuals documented in … previous studies has been accompanied by a relative decrease in the quality of that leisure time. These results are not driven …

not clear cut. Contrary to the usual practice of considering the allocation of household income over consumption and …

characterizations leave the discounting function essentially unrestricted, the theory can accommodate, in particular, decision makers …

substitu- tion. Implications regarding the shape of the optimal consumption pro?files are discussed. …

consumption development and thus average welfare of individual cohorts. The analysis is based on a Ramsey growth model and refers …

do not examine the determinants of the level of per capita income as an indication that a certain theory has better …

-the-job leisure. In a world with heterogenous agents, the problem may be ameliorated by the introduction of a dual labour market with …

allow for behavioral substitution between leisure time at home and effort at work. In equilibrium, residing at a location … with a long commute affects the time available for leisure at home and therefore affects the trade-off between effort at … shirking and leisure are complementary with the marginal benefit of shirking increasing with an individual's net time endowment. …