>
><http://www.eco.utexas.edu/faculty/Hamermesh/IsoWorkToGo307.pdf>.
>
>
>This is a dumb paper.
thanks! and it's a laff-a-minute, too, with paragraphs like this:
5.1 One Norm for All, NoWithin-Gender Heterogeneity Imagine that, in the absence of a social norm, consumers maximize the linear-quadratic utility function C - (1/2.)(1 - L)2 (1) subject to constraints C = + wH, (2) H + L = 1, (3) where C and L denote consumption and leisure, w is the wage rate, represents non-labor income, the parameter . > 0 is an (inverse) index of the disutility of work, and without loss of generality the amount of available time is normalized to 1.8 Optimal leisure is then L = 1 - .w.
*rolls eyes*
dese guys got the pomos beat any day. :)
i just read that aloud to R and I can't stop laughing. I'm tearing up it's so hilarious.
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