To work more or less? The impact of taxes and life satisfaction on the motivation to work in continental and Eastern Europe

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F17%3A63517460" target="_blank" >RIV/70883521:28120/17:63517460 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.14254/2071-789X.2017/10-3/19" target="_blank" >http://dx.doi.org/10.14254/2071-789X.2017/10-3/19</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.14254/2071-789X.2017/10-3/19" target="_blank" >10.14254/2071-789X.2017/10-3/19</a>

Result language

angličtina

Original language name

To work more or less? The impact of taxes and life satisfaction on the motivation to work in continental and Eastern Europe

Original language description

Using country-level data from 2000-2013, we test the relationship between life satisfaction (measured as how people evaluate their life as a whole rather than their current feelings) and the motivation to work (measured as aggregate hours of work). Our hypothesis is that even after controlling for average labor income tax rates in countries with high and low average hours worked, there is a significant negative association between the motivation to work and life satisfaction. The main findings of this paper are that the increase in the motivation to work per employee comes at the expense of life satisfaction, and differences in average tax rates on labor income cannot account for differences in time allocation. Once life satisfaction is included, the hypotheses of previous neoclassical economic studies are almost irrelevant in determining the response of market hours to higher average tax rates on labor income. In line with our assumption, we find a negative relationship between life satisfaction and the motivation to work in the cross-country examinations. In countries with the highest hours worked (Hungary, Estonia), wealth is generally preferred to leisure and in countries with the lowest hours worked (France, Germany), leisure is preferred to wealth.

Czech name

—

Czech description

—

Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

—

OECD FORD branch

50206 - Finance

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Economics and Sociology

ISSN

2071-789X

e-ISSN

—

Volume of the periodical

10

Issue of the periodical within the volume

3

Country of publishing house

UA - UKRAINE

Number of pages

15

Pages from-to

266-280

UT code for WoS article

000416103600019

EID of the result in the Scopus database

2-s2.0-85038964669