| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Non-pecuniary Work Incentive and Labor Supply | |
| Y. Hossein Farzin; Ken-Ichi Akao | |
| 发表日期 | 2006 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | Recognizing that people value employment not only to earn income to satisfy their consumption needs, but also as a means to gain socio-psychological (nonpecuniary) benefits, we show that once nonpecuniary work incentives are incorporated into standard labor supply theory, (i) the wage rate under-estimates (over-estimates) the true value of nonwork/leisure time when work has nonpecuniary benefits (costs), (ii) nonpecuniary benefits can be a substitute for monetary wages as work incentives, (iii) at very low wage rates, work can become a net source of utility, and (iii) the shape of labor supply curve differs from standard theory. We also identify conditions under which a greater nonpecuniary work incentive generates a larger individual labor supply, and examine the effects of non-wage income on labor supply both for paid and voluntary work. |
| 特色分类 | D62,J22,I31 |
| 关键词 | Nonpecuniary incentives,Labor supply,Non-wage income,Voluntary work |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/non-pecuniary-work-incentive-and-labor-supply/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117285 |
| 推荐引用方式 GB/T 7714 | Y. Hossein Farzin,Ken-Ichi Akao. Non-pecuniary Work Incentive and Labor Supply. 2006. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL2006-021.pdf（1177KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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