The number of working hours a salary earner is willing to reduce for leisure activities

Seung-Hoon Yoo ()

Applied Economics Letters, 2005, vol. 12, issue 6, 365-368

Abstract: This paper analyses the number of working hours a salary earner is willing to reduce for more time for leisure activities (henceforth, WH) based on data collected from a nationwide survey conducted on 1259 salary earners in Korea. To deal with zero WH responses given by a considerable number of respondents in the survey, the author uses a mixture model of WH distributions. The mean of the WH for the respondents who gave a positive value of WH was estimated as 3.04 hours per week, and that for all the respondents as 0.67 hour per week.

Date: 2005
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DOI: 10.1080/1350485042000338680

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