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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23906 |
来源ID | Working Paper 23906 |
Labor Supply and the Value of Non-Work Time: Experimental Estimates from the Field | |
Alexandre Mas; Amanda Pallais | |
发表日期 | 2017-10-09 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We use a field experiment to estimate the marginal value of non-work time (MVT). During a national application process for phone survey and data entry positions, we randomly offered applicants alternative wage-hour bundles. Jobseeker choices over these bundles yield estimates for the MVT as a function of hours worked. These quantities trace out a labor supply relationship. As predicted by the conventional model of the allocation of time, the substitution effect is positive. Individual labor supply is highly elastic at low hours and becomes more inelastic at higher hours. For unemployed job applicants, the opportunity cost of a full-time job due to lost leisure, household production, and other non-work activities is approximately 60% of their estimated market wage. A similar estimate is found when we reproduce elements of this experiment in a nationally-representative survey. |
主题 | Econometrics ; Experimental Design ; Labor Economics ; Labor Supply and Demand ; Unemployment and Immigration |
URL | https://www.nber.org/papers/w23906 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581579 |
推荐引用方式 GB/T 7714 | Alexandre Mas,Amanda Pallais. Labor Supply and the Value of Non-Work Time: Experimental Estimates from the Field. 2017. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23906.pdf(1350KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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