The demand for leisure time in the presence of constrained work hours.

This article presents a labor supply model designed to address situations of overemployment or underemployment in the labor market. Previous labor supply models have taken the possibility of work hour constraints into consideration but typically assumed that the existence of fixed work hours only in...

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Bibliographic Details
Published in:Economic Inquiry Vol. 38; no. 4; pp. 651 - 662
Main Authors: Feather, Peter M., Shaw, W. Douglass
Format: Article
Published: Wiley-Blackwell October 2000
Subjects:
Online Access:View this record in EBSCOhost
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        atl: The demand for leisure time in the presence of constrained work hours.
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        au:
          Feather, Peter M.
          Shaw, W. Douglass
      su:
        Labor supply
        Mathematical models
        Welfare economics
        Opportunity costs
        Leisure
        Maximum likelihood statistics
      sug:
        subj:
          Labor supply
          Mathematical models
          Welfare economics
          Opportunity costs
          Leisure
          Maximum likelihood statistics
      ab: This article presents a labor supply model designed to address situations of overemployment or underemployment in the labor market. Previous labor supply models have taken the possibility of work hour constraints into consideration but typically assumed that the existence of fixed work hours only influenced the decision of labor force participation. This ignores situations in which individuals choose to be employed at fixed-hour jobs even though these jobs do not offer the desired work hours. (JEL J22) Reprinted by permission of the publisher.
      pubtype: Academic Journal
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    language: English
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