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AGGREGATION WITH SEQUENTIAL NON-CONVEX PUBLIC - AND PRIVATE - SECTOR LABOR SUPPLY DECISIONS

Aleksandar Vasilev

Theoretical and Practical Research in the Economic Fields, 2016, vol. 7, issue 2, 174-178

Abstract: This paper explores the problem of non-convex labor supply decisions in an economy with both private and public sector jobs. In contrast to Vasilev (2015a), the sectoral labor choice is made in a sequential manner. Still, the micro-founded representation obtained from explicit aggregation over homogeneous individuals again features different disutility of labor across the two sectors. Thus, there is little merit in the timing of the sectoral non-convex labor choice.

Date: 2016
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Journal Article: Aggregation with sequential non-convex public- and private-sector labor suply decisions (2016) Downloads
Working Paper: Aggregation with sequential non-convex public- and private-sector labor suply decisions (2016) Downloads
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