Revisiting the neoclassical theory of labour supply - Disutility of labour, working hours, and happiness

"In empirical analyses, employment status has a substantial influence on individual wellbeing. People without work are consistently less happy, even after controlling for income. This result seems to contradict the standard theory assumption of labour disutility. In this paper, we analyze the i...

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Bibliographic Details
Main Author: Rätzel, Steffen
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Magdeburg 2009
Otto-von-Guericke-University Magdeburg
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19188069124919062419-Revisiting-the-neoclassical-th.htm

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