A structural model of the fixed time costs of market work

Stephen G. Donald and Daniel S. Hamermesh

Economics Letters, 2009, vol. 104, issue 3, pages 125-128

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.

Keywords: Time; use; Structural; estimation (search for similar items in EconPapers)
Date: 2009

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Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:104:y:2009:i:3:p:125-128

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