Stutzer, Alois and Frey, Bruno S.. (2008) Stress that doesn't pay : the commuting paradox. The Scandinavian journal of economics, 110 (2). pp. 339-366.
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Official URL: http://edoc.unibas.ch/dok/A5248811
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Abstract
People spend a lot of time commuting and often find it a burden. According to standard economics, the burden of commuting is chosen when compensated either on the labor or on the housing market so that individuals` utility is equalized. However, in a direct test of this strong notion of equilibrium with panel data, we find that people with longer commuting time report systematically lower subjective well-being. This result is robust with regard to a number of alternative explanations. We mention several possibilities of an extended model of human behavior able to explain this "commuting paradox".
Faculties and Departments: | 06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Politische Ökonomie (Stutzer) |
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UniBasel Contributors: | Stutzer, Alois |
Item Type: | Article, refereed |
Article Subtype: | Research Article |
Publisher: | University of Stockholm |
ISSN: | 0347-0520 |
Note: | Publication type according to Uni Basel Research Database: Journal article |
Related URLs: | |
Identification Number: | |
Last Modified: | 21 Nov 2017 10:04 |
Deposited On: | 22 Mar 2012 14:03 |
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