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来源类型Working Paper
规范类型报告
DOI10.3386/w23906
来源IDWorking 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
URLhttps://www.nber.org/papers/w23906
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581579
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Alexandre Mas,Amanda Pallais. Labor Supply and the Value of Non-Work Time: Experimental Estimates from the Field. 2017.
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