Anticipation in leisure—Effects on labor‐leisure choice
Anticipation in leisure—Effects on labor‐leisure choice
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Oxford: Wiley Subscription Services, Inc
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Language
English
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Publisher
Oxford: Wiley Subscription Services, Inc
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Contents
This paper introduces the idea of a forward‐looking reference benchmark on both consumption and leisure in the context of a Ramsey–Cass–Koopmans growth model by assuming that in addition to consumption and leisure the household utility also depends on reference benchmarks of future anticipated consumption and leisure. We analyze the macrodynamic eq...
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Full title
Anticipation in leisure—Effects on labor‐leisure choice
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TN_cdi_proquest_journals_2811460045
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2811460045
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ISSN
1742-7355
E-ISSN
1742-7363
DOI
10.1111/ijet.12358
