Time and Economic Well–Being—A Panel Analysis of Desired versus Actual Working Hours

Joachim Merz

Review of Income and Wealth, 2002, vol. 48, issue 3, 317-346

Abstract: Individual well–being has its resources by income and time. Though income traditionally is on the focuses of well–being analyses, the connected time dimension is often neglected. One important dimension of individual welfare regarding time and income is the possibility to harmonize desired with actual working hours connected with the income dimension. This paper will analyze this working hour tension by a ten year panel analysis for Germany. Besides descriptive measures of the subjective tension over a decade from the mid 1980s to the mid 1990s, the panel econometric analyses will quantify personal and household influences in explaining the working hour tension as one further important economic well–being measure.

Date: 2002
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