%0 Report
        %A Gersbach, Hans
%A Haller, Hans
        %T Beware of Workaholics: Household Preferences and Individual Equilibrium Utility
        %D 2005
        %8 2005 Feb
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 1502
        %U https://www.iza.org/publications/dp1502
        %X This paper analyzes the effects of sociological changes in the form of a shift of influence within two-member households participating in labor and product markets. The most striking effects occur when household members differ in individual preferences and enjoy positive leisure-dependent externalities. For instance, a global sociological change where the “workaholic" member becomes more influential in each working class household can render the working class worse off. A binding restriction on the number of hours an individual is allowed to work can benefit all workers.
        %K externalities
%K general equilibrium
%K household behavior
%K labor supply