Labour supply with habit formation

6533b857fe1ef96bd12b4377

RESEARCH PRODUCT

Labour supply with habit formation

subject

Economics and Econometrics Labour economics Labour supply media_common.quotation_subject Economics Habit reproductive and urinary physiology Finance media_common

description

Abstract In a model with habit-forming labour supply we show that standard myopic utility maximisation of a person weakly addicted to a harmful habit is consistent with empirical results on labour supply.

year	journal	country	edition	language
2002-03-01	Economics Letters

https://doi.org/10.1016/s0165-1765(01)00595-x

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