Work hour flexibility and job mobility

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초록

The right to arrange flexible work hours provides workers with increased utility and productivity. A job that allows employees to schedule their own work hour provides job satisfaction, and employees tend to have less mobility towards another job. We present a model that is compatible with these effects of flexible work hours. Our worker is assumed to have a Cobb-Douglas utility from consumption and leisure and maximizes expected discounted lifetime utility.

키워드

Cobb–Douglas utility; Job mobility; Martingale and duality method; Work hour; BORROWING CONSTRAINTS; LIFE-CYCLE; LABOR
제목
Work hour flexibility and job mobility
저자
Shin, Yong Hyun; Lee, Ho-Seok
DOI
10.1016/j.frl.2025.108573
발행일
2025-12
유형
Article
저널명
Finance Research Letters
권
86