How and why the incomes of others can shape the supply of overtime work

• Authors: Stark O. , Tanajewski L.
• Languages of publication: EN

Abstracts

EN

This paper shows how the allocation of an individual's time between overtime work and leisure is affected by comparisons with the incomes of others. It is shown that when the individual's utility function incorporates a measure of relative deprivation, the individual's optimal duration of overtime work is longer for any positive level of relative deprivation. Given the wage rate per hour, the individual reacts to an increase in his relative deprivation by increasing his overtime work.

Keywords

EN

INCOME COMPARISONS; LABOR SUPPLY; OVERTIME WORK; RELATIVE DEPRIVATION

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Komitet Nauk Ekonomicznych PAN, Polskie Towarzystwo Ekonomiczne
• Journal: Ekonomista
• Year: 2008
• Issue: 5
• Pages: 593-606
• Document type: ARTICLE

Contributors

author

Stark O.

author

Tanajewski L.

• O. Stark, for postal address contact the journal editor

Identifiers

CEJSH db identifier

09PLAAAA05812