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The taste for leisure, career choice, and the returns to education

Keith Chen and Judith Chevalier ()

Economics Letters, 2008, vol. 99, issue 2, 353-356

Abstract: We develop a simple methodology to estimate the returns to education despite heterogeneous labor/leisure preferences. The labor supply behavior of doctors and physician assistants is consistent with people choosing between the two careers based on differing tastes for leisure.

Date: 2008
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Handle: RePEc:eee:ecolet:v:99:y:2008:i:2:p:353-356