The Effect of Wealth Shocks on Shirking: Evidence from the Housing Market
认领作者 认领管理权限
发布日期:2021年12月25日 上次修订日期:2023年04月28日

摘要

This paper studies the effect of housing wealth shocks on workplace shirking. We use the type and actual time stamps of credit card transactions to detect non-work-related behavior during work hours. After positive shocks to house prices, affected homeowners experienced a fast and persistent increase (by 19% per month) in their propensity to use work hours to attend to personal needs. The post-shock response is more pronounced among homeowners with a greater wealth increase, with poorer career potential, or for occupations with higher monitoring costs. Our estimate implies an elasticity of shirking propensity with respect to house price of 3.8.

Quanlin Gu ; Jia He ; Wenlan Qian ; Yuan Ren ; The Effect of Wealth Shocks on Shirking: Evidence from the Housing Market (2021年12月25日)http://www.cfrn.com.cn//lw/yhyjrjg/fdcjrlw/45e30364367d4d3296d0d9336ccc9c8a.htm

选择要认领的作者
真实姓名
*邮 箱
身份验证
确认
取消