Permanent URL to this publication: http://dx.doi.org/10.5167/uzh-53575
Saez-Marti, Maria (2011). Siesta: A theory of freelancing. Working paper series / Department of Economics No. 55, University of Zurich.
I study the effect of fatigue and innate ability on performance in a model with incomplete contracts, lumpy tasks requiring multiple periods of work and stochastic productivity shocks. I find that increasing ability or reducing fatigue does not lead necessarily to more productive efficiency, since it may exacerbate the incentive for agents take "too much" on-the-job leisure. In a world with heterogenous agents, the problem may be ameliorated by the introduction of a dual labour market with free-lancers (who can take breaks at their discretion) and regular workers (who work on a fixed schedule).
|Item Type:||Working Paper|
|Communities & Collections:||03 Faculty of Economics > Department of Economics|
Working Paper Series > Department of Economics
|JEL Classification:||D0, D8, D9, M51, M55|
|Uncontrolled Keywords:||Breaks, leisure, productivity, freelancing|
|Deposited On:||20 Dec 2011 17:15|
|Last Modified:||17 Oct 2012 12:08|
|Series Name:||Working paper series / Department of Economics|
|Number of Pages:||19|
|ISSN:||1664-7041 (P) 1664-705X (E)|
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