Do Preferences Impact Behavior and Wellbeing? A Panel Study of Preferred and Actual Working Time 2001-2008/09

34 Pages Posted: 2 Aug 2014

See all articles by Jens Bonke

Jens Bonke

Rockwool Foundation Research Unit

Marie Louise Schultz-Nielsen

Rockwool Foundation Research Unit; IZA Institute of Labor Economics

Abstract

Various European studies show that the majority of those employed wish to work fewer hours than they actually do. The question addressed here is whether imbalanced working hours – working hour tensions – influence changes in behavior: do preferences transmit into reality? Based on a Danish longitudinal time-use study, we find that more Danes prefer shorter working hours over longer working hours, which is in contrast to the Americans. Moreover, not only do the vast majority of overworked Danes adjust their working hours, those who are underworked also do so within a decade. Factors behind these changes are analyzed and means to ensure an optimization of time- and money-related wellbeing are discussed.

Keywords: labor supply, working hours

JEL Classification: J22

Suggested Citation

Bonke, Jens and Schultz-Nielsen, Marie Louise, Do Preferences Impact Behavior and Wellbeing? A Panel Study of Preferred and Actual Working Time 2001-2008/09. IZA Discussion Paper No. 8356, Available at SSRN: https://ssrn.com/abstract=2475324

Jens Bonke (Contact Author)

Rockwool Foundation Research Unit ( email )

Sejroegade 11
DK-2100 Copenhagen
Denmark

Marie Louise Schultz-Nielsen

Rockwool Foundation Research Unit ( email )

Sejroegade 11
DK-2100 Copenhagen
Denmark

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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