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Conspicuous work: peer working time, labour supply, and happiness for male workers

Marion Collewet, Andries de Grip and J. de Koning

No 12, Research Memorandum from Maastricht University, Graduate School of Business and Economics (GSBE)

Abstract: 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 working time, we find that men’s working time increases with that of their peers and that peer working time is negatively related to men’s happiness. These findings are consistent with a ‘conspicuous work’ model, in which individuals derive status from working time.

Date: 2015-01-01
New Economics Papers: this item is included in nep-eur, nep-hap, nep-hrm, nep-soc and nep-ure
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:unm:umagsb:2015012

DOI: 10.26481/umagsb.2015012

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