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The Value of Leisure Synchronization

  • Simon Georges-Kot
  • Dominique Goux
  • Eric Maurin
American Economic Journal: Applied Economics
vol. 16, no. 1, January 2024
(pp. 351-76)
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Abstract

This paper explores the extent to which workers are willing to trade hours worked for leisure time shared with their spouse. We use the fact that the number and timing of paid vacation days to which French employees are entitled vary in a quasi-random way from year to year along with the dates of public holidays. Self-employed workers do not benefit from public holidays, but we show that a large fraction of them substitute a day of unpaid leisure for a day of paid work whenever their spouse gets an extra day of paid leave.

Citation

Georges-Kot, Simon, Dominique Goux, and Eric Maurin. 2024. "The Value of Leisure Synchronization." American Economic Journal: Applied Economics, 16 (1): 351-76. DOI: 10.1257/app.20220184

Additional Materials

JEL Classification

  • D12 Consumer Economics: Empirical Analysis
  • D91 Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
  • J22 Time Allocation and Labor Supply
  • J23 Labor Demand
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