A Structural Model of the Fixed time Costs of Market Work

D. Hamermesh; S. Donald

doi:10.1016/j.econlet.2009.04.020

A Structural Model of the Fixed time Costs of Market Work

D. Hamermesh^*, S. Donald

^*Corresponding author for this work

Macro, International & Labour Economics

Research output: Contribution to journal › Article › Academic › peer-review

Abstract

We link atus 2003–04 to march cps data and examine market work's effects on non-market activity. In a structural model fixed time costs of work generate a utility-equivalent of 8% of income to be overcome before working becomes optimizing.

Original language	English
Pages (from-to)	125-128
Number of pages	4
Journal	Economics Letters
Volume	104
Issue number	3
DOIs	https://doi.org/10.1016/j.econlet.2009.04.020
Publication status	Published - 1 Jan 2009

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10.1016/j.econlet.2009.04.020

Cite this

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title = "A Structural Model of the Fixed time Costs of Market Work",

abstract = "We link atus 2003–04 to march cps data and examine market work's effects on non-market activity. In a structural model fixed time costs of work generate a utility-equivalent of 8% of income to be overcome before working becomes optimizing.",

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