DP3373 Work and Television
|Publication Date:||May 2002|
|Keyword(s):||relational goods, television viewing, work hours|
|JEL(s):||D10, H00, J20|
|Programme Areas:||Labour Economics, Public Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=3373|
Nowadays, people in OECD countries spend about as much time watching television as earning a living. In this Paper I report a puzzling fact about those time uses: television viewing and work hours are positively correlated across countries. A simple model based on complementarities in the organization of free time is then developed that explains such a pattern as resulting from multiple equilibria. All equilibria can be inversely Pareto-ranked by their amount of television viewing. Arguments are offered to explain why some countries may have settled in a Pareto-inferior equilibrium.