Conspicuous Work: Peer Working Time, Labour Supply and Happiness for Male Workers
Collewet, M.M.F.; de Grip, A.; de Koning, J.;
Publisher: Institute for the Study of Labor (IZA) Bonn
Subject: well-being, social norms, working hours | D62 | well-being | 2 International | I31 | J22 | Externalities; General Welfare; Time Allocation and Labor Supply; | working hours | social norms
jel: jel:I31 | jel:D62 | jel:J22
This paper uncovers ‘conspicuous work’ as a new form of status seeking that can explain social interactions in labour supply. We analyse how peer working time relates to both labour supply and happiness for Dutch male workers. Using a unique measure of peer weekly worki... View more
Akerlof, G.A. (1980). 'A theory of social custom, of which unemployment may be one consequence', The Quarterly Journal of Economics, vol. 94(4), pp. 749-775.
Akerlof, G.A. and Kranton, R.E. (2000). 'Economics and identity', The Quarterly Journal of Economics, vol. 115(3), pp. 715-753.
Alesina, A.F., Glaeser, E.L. and Sacerdote, B. (2006). 'Work and leisure in the u.s. and europe why so different', in (M. Gertler and K. Rogoff, eds.), NBER Macroeconomics Annual 2005, Volume 20, pp. 1-100, MIT Press.
Aronsson, T., Blomquist, S., Sacklén, H. et al. (1999). 'Identifying interdependent behaviour in an empirical model of labour supply', Journal of Applied Econometrics, vol. 14(6), pp. 607-626.
Aronsson, T. and Johansson-Stenman, O. (2013). 'Conspicuous leisure: Optimal income taxation when both relative consumption and relative leisure matter', The Scandinavian Journal of Economics, vol. 115(1), pp. 155-175.
Baetschmann, G., Staub, K.E. and Winkelmann, R. (2011). 'Consistent estimation of the fixed effects ordered logit model', IZA Discussion Paper nr.5443.
Benjamin, D.J., Kimball, M.S., Heffetz, O. and Rees-Jones, A. (2012). 'What do you think would make you happier? what do you think you would choose?', The American Economic Review, vol. 102(5), p. 2083.
Bernheim, B.D. (1994). 'A theory of conformity', Journal of political Economy, vol. 102(5), pp. 841-877.
Blanchflower, D.G., Landeghem, B. and Oswald, A.J. (2009). 'Imitative obesity and relative utility', Journal of the European Economic Association, vol. 7(2-3), pp. 528-538.
Booth, A.L. and Van Ours, J.C. (2008). 'Job satisfaction and family happiness: The part-time work puzzle', The Economic Journal, vol. 118(526), pp. F77-F99.