Interpersonal Comparisons and Labor Supply: An Empirical Analysis

George Kosicki

The American Economist, 1993, vol. 37, issue 1, 31-44

Abstract: If interpersonal consumption or leisure comparisons affect utility, the labor supply of individuals with equal levels of non-labor income should be more similar when classified by wage rank than by the level of wages. Also, if concern for relative leisure dominates the concern for relative consumption, then at a given wage level, wage rank should be positively related to hours supplied. Evidence of a relationship between hours supplied and wage rank is found, but conflicting evidence exists on the direction of the relationship. The most recent data suggest that concern for relative leisure dominates the concern for relative consumption.

Date: 1993
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/056943459303700104 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:amerec:v:37:y:1993:i:1:p:31-44

DOI: 10.1177/056943459303700104

Access Statistics for this article

More articles in The American Economist from Sage Publications
Bibliographic data for series maintained by SAGE Publications ().