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We investigate Veblen effects on work hours, namely the way that a desire to emulate the consumption standards of the rich induces longer work hours among the rest. Consistent with our model of these asymmetric social comparisons, greater inequality predicts longer work hours in ten OECD...
Persistent link: https://www.econbiz.de/10011527208
We investigate the importance of Veblen effects on work hours, namely the manner in which a desire to emulate the consumption standards of the rich influences individuals' allocation of time between labor and leisure. Our model of the choice of work hours captures Veblen effects by taking...
Persistent link: https://www.econbiz.de/10014074081
of couples' commuting, wages, labor supply, and consumption. Using data from the PSID for the years 2011-2019, results … indicate a positive and highly significant correlation between wages and commuting when analyzed cross-sectionally. However …, changes in wages and commuting over an individual's life cycle are not related. Additionally, commuting appears to be …
Persistent link: https://www.econbiz.de/10014581485
, wages, labor force participation, and well-being. Telework results in significant time savings for workers, as they reduce …
Persistent link: https://www.econbiz.de/10012697778
Remote work is rapidly increasing in the US. Using data on full-time wage and salary workers from the GHIJ-GHIL American Time Use Survey Leave and Job Flexibilities Module, we estimate hourly wage differentials between teleworkers and office workers and compare how teleworkers and office workers...
Persistent link: https://www.econbiz.de/10012422934
effects of teleworking on wages, and differences in time-use patterns between office and work-at-home workdays. We find that …
Persistent link: https://www.econbiz.de/10012221029
effects of teleworking on wages, and differences in time-use patterns between office and work-at-home workdays. We find that …
Persistent link: https://www.econbiz.de/10012221778
, wages, labor force participation, and well-being as well as its impacts on traffic congestion and greenhouse gas emissions … consequently earn higher wages, except for mothers who are willing to accept lower pay for the option to work from home. Finally …
Persistent link: https://www.econbiz.de/10012655251
Income inequality has been lower in periods when trade unionism has been strong. Using observations on wages by … wage differentials are revealed. As wages increased, some contracts maintained relative wage differentials constant, some … maintained absolute differences in wages constant, others combined these two patterns, and some did not reveal an obvious pattern …
Persistent link: https://www.econbiz.de/10012206420
We study earnings and income inequality in Britain over the past two decades, including the period of relatively "inclusive" growth from 1997-2004 and the Great Recession. We focus on the middle 90%, where trends have contrasted strongly with the "new inequality" at the very top. Household...
Persistent link: https://www.econbiz.de/10011583577