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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.

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Abstract

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).

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Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Department of Economics
DDC:330 Economics
JEL Classification:D0, D8, D9, M51, M55
Uncontrolled Keywords:Breaks, leisure, productivity, freelancing
Language:English
Date:December 2011
Deposited On:20 Dec 2011 16:15
Last Modified:17 Oct 2012 10:08
Series Name:Working paper series / Department of Economics
Number of Pages:19
ISSN:1664-7041 (P) 1664-705X (E)
Official URL:http://www.econ.uzh.ch/static/wp/econwp055.pdf
Related URLs:http://www.econ.uzh.ch/static/workingpapers.php

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