Economic theory explains the supply of volunteering alternatively as an ordinary consumer good or an investment one. This paper provides a simultaneous approach considering both the objectives, by using the psychological distinction between intrinsic and extrinsic motivations, in order to...

We set up a theoretical framework to analyze the possible role of economic growth and technical progress in the erosion of social capital. Under certain parameters, the relationship between technical progress and social capital can take the shape of an inverted U curve. We show the circumstances...

We focus on the role of conformity with social norms and concern with relative income in the decision to supply unpaid care for parents. Individuals have different propensities to be influenced by both relative income and social norms, and face a time constraint on the provision of both paid...

We investigate the relationship between social participation and the hours worked in the market. Social participation is the component of social capital that measures individuals’ engament in groups, associations and non-governmental organizations. We provide a model of consumer choice where...

Young generations demand substantially more social insurance than older generations, although program rules have been constant for decades. I postulate a model where the utility of taking up social insurance benefits depends on the past behavior of older generations. The model is estimated with...

Sickness absence has been found to vary substantially across geographical areas. There are large differences between different countries but also between different regions within a particular country. In the literature some of these observed differentials have been suggested to stem from...

As reflected in many popular and academic writings, there is general concern that contemporary life is becoming ruled by a societal “time crunch”, in which work and family pressures make daily life more hectic. One implica-tion of this condition is that sleep time has been reduced in order...

We can learn a lot about society by knowing how people spend their time during the typical day. However, in-consistency in the recording of time use, specifically, in how we record details of people’s participation in more than one activity at a time (“multitasking”), may be preventing...

Paper presented at the Conference “From GDP to Well-Being: Economics on the Road to Sustainability”, Ancona, Italy, 3-5 December 2009. <p> Abstract <p> We develop a dynamic model to analyze the sources and the evolution of social participation and social capital in a growing economy characterized...</p></p>

We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...