TY  - RPRT
        AU  - Gersbach, Hans
AU  - Haller, Hans
        TI  - Beware of Workaholics: Household Preferences and Individual Equilibrium Utility
        PY  - 2005/Feb/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1502
        UR  - https://www.iza.org/publications/dp1502
        AB  - 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.
        KW  - externalities
KW  - general equilibrium
KW  - household behavior
KW  - labor supply
        ER  -