economists watch TV

Doug Henwood dhenwood at panix.com
Tue Nov 27 07:53:03 PST 2001


"Work and Television"

BY: GIACOMO CORNEO

Universitaet Osnabrueck

CESifo (Center for Economic Studies and Ifo

Institute for Economic Research)

Centre for Economic Policy Research (CEPR)

Institute for the Study of Labor (IZA)

Document: Available from the SSRN Electronic Paper Collection:

http://papers.ssrn.com/paper.taf?abstract_id=287317

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Paper ID: IZA Discussion Paper No. 376

Date: October 2001

Contact: GIACOMO CORNEO

Email: Mailto:gcorneo at oec.uni-osnabrueck.de

Postal: Universitaet Osnabrueck

Rolanstrasse 8

D-49069 Osnabrueck, GERMANY

Phone: +49 541 969 2730

Fax: +49 541 969 2722

Paper Requests:

Contact: Mark Fallak, Institute for the Study of Labor (IZA),

P.O. Box 7240, D-53072 Bonn, Germany. Phone:+49-228-3894-0 ext.

223. Fax:+ 49-228-3894-510. Mailto:Fallak at iza.org

ABSTRACT:

Evidence from a sample of countries show that people roughly

spend as much time watching television as earning their living.

Moreover, television viewing and work hours are positively

correlated across countries. A simple model based on

complementarities in the organization of free time is developed

that explains such a pattern as resulting from multiple

equilibria. In this model the equilibria can be inversely

Pareto-ranked by their amount of television viewing. Arguments

are offered to explain why in some countries a Pareto-inferior

equilibrium might have come into being.

Keywords: Television Viewing, Work Hours, Relational Goods



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