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Option Or Obligation? The Determinants Of Labour Supply Preferences In Britain
Author(s) -
Böheim René,
Taylor Mark P.
Publication year - 2003
Publication title -
the manchester school
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.361
H-Index - 42
eISSN - 1467-9957
pISSN - 1463-6786
DOI - 10.1111/1467-9957.00339
Subject(s) - demographics , british household panel survey , economics , labour economics , work (physics) , obligation , labour supply , demographic economics , panel data , wage , work hours , survey data collection , working hours , econometrics , demography , mechanical engineering , statistics , mathematics , sociology , political science , law , engineering
We examine persistence in work hour constraints using subjective data from the British Household Panel Survey, and investigate the role of job and employer changes in alleviating these constraints. Evidence suggests that 40 per cent of employees prefer to work a different number of hours at their current wage, and the majority of these prefer to work fewer hours. Our estimates also indicate that, although these constraints persist over time, job and employer changes alleviate over–employment particularly among men. Work time preferences are determined by observed job and employer related characteristics, individual demographics, local labour demand and time–invariant unobserved individual–specific effects.